New Industrial
New
For Sale
$599,900
5286 NE 33 Highway, Guthrie, OK 73044
Commercial Sale, Guthrie, OK
Property Size6,000 SF
Lot Size1.00 Acre
Price / SF$99.98
Days on Market4
Property Features for 5286 NE 33 Highway
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Industrial
Directions
From I-35 and HWY 33, go EAST approximately 2 miles, turn left on Post onto HWY 33 WEST - property on Right (north side)
Standard status
Active
APN
5286NE3373044
Size
6,000 SF
Lot size
1.00 Acre
Utilities
Sewer type
Septic Tank
Water source
Well
Building Details
Year built
2024
Floors in Building
1
Listing Agency:
Keller Williams Central OK · Keller Williams Realty
(405) 330-2626
Listed By:
Daryn Rody
(405) 245-8424
Added: Aug 31
Last Checked: Sep 3 at 6:06AM
MLS# 1245985
Copyright © 2026 MLSOK, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 2024, this 6,000-square-foot warehouse occupies 1 acre and includes approximately 700 square feet of finished office area with two bathrooms. Two large garage doors provide practical building access, while 3-PHASE power supports industrial equipment and operations. The property is served by a private well and septic tank and carries Industrial zoning.
Located at 5286 NE 33 Highway in Guthrie, the facility is positioned just off Highway 33, approximately 2 miles east of I-35. Its configuration combines warehouse space, administrative offices, utility infrastructure, and highway connectivity in a single commercial property.
Located at 5286 NE 33 Highway in Guthrie, the facility is positioned just off Highway 33, approximately 2 miles east of I-35. Its configuration combines warehouse space, administrative offices, utility infrastructure, and highway connectivity in a single commercial property.
Key Highlights
- 6,000 square feet on 1 acre
- Approximately 700 square feet of finished office space with two bathrooms
- Built in 2024 with Industrial zoning
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$45,239
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.54%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$904,780
$904.8K
Cap Rate 7%
$646,271
$646.3K
Cap Rate 9%
$502,656
$502.7K
Market Conditions
NOI Build-Up for 6,000 SF
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.
Gross rent
$57.6K $9.60/SF
− Vacancy
−$4.4K −$0.73/SF
EGI
$53.2K $8.87/SF
− OpEx
−$8.0K −$1.33/SF
NOI
$45.2K $7.54/SF
Area
Logan County, OK
Vacancy
7.60%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$904,780
Cap Rate 7%
$646,271
Cap Rate 9%
$502,656
Alternative Uses
Best Use
Flex RnD
$1.06M
$931.6K – $1.24M
NOI $74,529 @ 7.0% cap · market cap 12.42%
Second Best
Warehouse
$646.3K
$565.5K – $754.0K
NOI $45,239 @ 7.0% cap · market cap 7.54%
Theoretical Best
Specialty Retail
$1.45M
$1.27M – $1.69M
NOI $101,520 @ 7.0% cap · market cap 16.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Drive-in doors
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
6
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 73044, OK
24,603
Population
10,050
Households
2.4
Avg Household Size
39
Median Age
24%
College-Educated
91%
High-School Grad
264.7 sq mi
ZIP Area
93
Density / Sq Mi
$71,442
Median Household Income
$39,284
Median Earnings
$890
Median Rent
$200,100
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- 33 Storage — 5045 NE HWY 33, Guthrie, OK 73044
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial-zoned warehouse with finished offices, multiple access doors, and dedicated well and septic systems.
Where is this warehouse located?
The property is located at 5286 NE 33 Highway Guthrie, OK.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: 6,000 square feet on 1 acre; Approximately 700 square feet of finished office space with two bathrooms; Built in 2024 with Industrial zoning
