Climate-Controlled Warehouse with
For Sale
Contact for pricing
5012 Southeast 44th Street, Norman, OK 73072
Climate-controlled warehouse and office on a fully fenced 1.5-acre site with a 12’ grade-level overhead door.
Property Size7,100 SF
Lot Size1.50 Acres
Price / SF$111.97
Days on Market153
Property Features for 5012 Southeast 44th Street
General Information
Standard status
Active
Size
7,100 SF
Class
C
Lot size
1.50 Acres
Property subtype
Industrial
Zoning
1-R - Light Industrial
Investment Type
Owner/User
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Additional Details
Drive-In Doors
1
Building Details
Year Built
2000
Stories
1
Tenancy
Single
Listing Agency:
Creek Price Edwards
Listed By:
Rosha Wood · License #160338
(405) 902-8181
Source:
Crexi
Added: May 27
Changed: Oct 25
Last Checked: Oct 24 at 4:57PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Creek Price Edwards
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Investment Insights
Based on property information with market context.
This 7,100 SF climate-controlled warehouse/office building is positioned for practical distribution and light industrial use. The property includes a 12’ overhead (grade-level) loading door and is set on a fully fenced 1.5-acre site with functional yard space. The site also features two greenhouses plus a concrete pad that may support future expansion.
Zoned 1-R (Light Industrial Use), the property offers flexibility for a range of permitted light industrial uses. Convenient access to Hwy 9 and I-35 supports logistics-oriented operations.
For sale as an owner/user opportunity, the building provides dependable interior climate control alongside outdoor yard and expansion features.
Zoned 1-R (Light Industrial Use), the property offers flexibility for a range of permitted light industrial uses. Convenient access to Hwy 9 and I-35 supports logistics-oriented operations.
For sale as an owner/user opportunity, the building provides dependable interior climate control alongside outdoor yard and expansion features.
Key Highlights
- 7,100 SF climate‑controlled warehouse/office building
- 12’ overhead (grade‑level) door for loading access
- Fully fenced 1.5‑acre site with functional yard space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,056
Cap Rate
6.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,021,120
$1.0M
Cap Rate 7%
$729,371
$729.4K
Cap Rate 9%
$567,289
$567.3K
Market Conditions
NOI Build-Up for 7,100 SF
Gross rent
$63.9K $9.00/SF
− Vacancy
−$3.8K −$0.54/SF
EGI
$60.1K $8.46/SF
− OpEx
−$9.0K −$1.27/SF
NOI
$51.1K $7.19/SF
Area
Norman, OK
Vacancy
6.00%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,021,120
Cap Rate 7%
$729,371
Cap Rate 9%
$567,289
Alternative Uses
Best Use
Warehouse
$729.4K
$638.2K – $850.9K
NOI $51,056 @ 7.0% cap · market cap 6.42%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.23M
$1.07M – $1.43M
NOI $85,882 @ 7.0% cap · market cap 10.80%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
1
Drive-in doors
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
76
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 73072, OK
51,062
Population
20,915
Households
2.4
Avg Household Size
30
Median Age
53%
College-Educated
95%
High-School Grad
52.2 sq mi
ZIP Area
978
Density / Sq Mi
$76,933
Median Household Income
$32,892
Median Earnings
$1,102
Median Rent
$291,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Warehouse - Climate-controlled warehouse and office on a fully fenced 1.5-acre site with a 12’ grade-level overhead door.
Where is this warehouse located?
The property is located at 5012 Southeast 44th Street Norman, OK.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: 7,100 SF climate‑controlled warehouse/office building; 12’ overhead (grade‑level) door for loading access; Fully fenced 1.5‑acre site with functional yard space
