Warehouse with Office
For Sale
Contact for pricing
512 SW 3rd St, Oklahoma City, OK 73109
Includes 16,500 SF warehouse with 1,500 SF office and three 12x12 grade-level doors.
Property Size17,650 SF
Lot Size0.83 Acres
Price / SF$198.30
Days on Market1283
Property Features for 512 SW 3rd St
General Information
Standard status
Active
Size
17,650 SF
Lot size
0.83 Acres
Property subtype
INDUSTRIAL
Zoning
I-2
Warehouse & Industrial
Drive-In Doors
3
Heavy Power
Yes
Additional Details
Opportunity Zone
Yes
Listing Agency:
Banta Property Group
(918) 327-9182
Listed By:
Monica Feierabend · License #109170
(918) 327-9182
Source:
Moodyscre
Added: Jan 27, 2023
Changed: Jul 26
Last Checked: Aug 1 at 2:47PM
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 Banta Property Group
Investment Insights
Based on property information with market context.
This property offers approximately 18,000 SF total space, including 16,500 SF of warehouse area and 1,500 SF of office. The site is 0.83 acres and features three (3) 12x12 grade level doors, along with 3-phase power to support industrial operations.
Located at 512 SW 3rd St in Oklahoma City, it is listed as being in an Opportunity Zone. The property remarks indicate it is within walking distance to Scissortail Tail and close to streetcar platforms, which may support accessibility for tenant and customer activity.
The asset is under I-2 zoning, and the remarks note that up to five stories can be added to the location, providing an on-site option for vertical expansion.
Located at 512 SW 3rd St in Oklahoma City, it is listed as being in an Opportunity Zone. The property remarks indicate it is within walking distance to Scissortail Tail and close to streetcar platforms, which may support accessibility for tenant and customer activity.
The asset is under I-2 zoning, and the remarks note that up to five stories can be added to the location, providing an on-site option for vertical expansion.
Key Highlights
- 18,000 SF total with 16,500 SF warehouse plus 1,500 SF office
- 0.83‑acre lot with I‑2 zoning
- Three 12x12 grade level doors for warehouse access
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $440.5k | $24.96 |
| − Vacancy | −$105.7k | −$5.99 |
| EGI | $334.8k | $18.97 |
| − OpEx | −$83.7k | −$4.74 |
| NOI | $251.1k | $14.23 |
17,650 SF · lease $24.96/SF/yr · vacancy 24.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.59M
$3.14M – $4.19M
NOI $251,110 @ 7.0% cap · market cap 7.17%
Second Best
Warehouse
$2.00M
$1.75M – $2.33M
NOI $139,703 @ 7.0% cap · market cap 3.99%
Theoretical Best
Specialty Retail
$6.04M
$5.28M – $7.04M
NOI $422,541 @ 7.0% cap · market cap 12.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
3
Drive-in doors
Yes
Heavy power
Location Intelligence
Trade Area within ½ mile
1,484
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 73109, OK
20,148
Population
8,344
Households
2.4
Avg Household Size
33
Median Age
7%
College-Educated
65%
High-School Grad
5.4 sq mi
ZIP Area
3,731
Density / Sq Mi
$40,944
Median Household Income
$28,370
Median Earnings
$851
Median Rent
$89,300
Median Home Value
Market
Properties on Market for Warehouses in Oklahoma City
Vacancy Rate% for Office in Oklahoma City, OK
Questions? Ask Rey
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Similar Off Market Nearby
- Amelia Storage Facility — 427 S Telephone Rd, Moore, OK 73160
Frequently Asked Questions
What type of property is this?
Warehouse - Includes 16,500 SF warehouse with 1,500 SF office and three 12x12 grade-level doors.
Where is this warehouse located?
The property is located at 512 SW 3rd St Oklahoma City, OK.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 18,000 SF total with 16,500 SF warehouse plus 1,500 SF office; 0.83‑acre lot with I‑2 zoning; Three 12x12 grade level doors for warehouse access
