Flex Building with Yard
552 W 138th St Glenpool, OK 74033
552 W 138th St, Glenpool, OK, 74033
Contact for pricing
For Sale
Contact for pricing
5,000 SF flex building with five overhead doors and expansive graveled yard storage behind a gated, fenced perimeter.
Property Size5,000 SF
Lot Size1.06 Acres
Price / SF$168
Days on Market119
Property Features for 552 W 138th St
General Information
- Standard status
- Active
- Size
- 5,000 SF
- Lot size
- 1.06 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1980
Listing agency
Creek Commercial Real Estate
(405) 948-7500
Listed by
Mitch Hammack · License #184349
Source
Crexi
Added: Mar 27 Updated: Jul 22 at 12:41PM Checked: Jul 22 at 12:41PM
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 Commercial Real Estate
Investment Insights
Based on property information with market context.
This well-equipped flex building offers 5,000 SF of functional indoor space alongside expansive outdoor yard storage on 1.06 graveled acres. The facility includes five overhead doors and two covered canopies that can support material or equipment storage, along with a newly installed fence and gated entry for secure operations.
The property provides direct access to US-75, supporting efficient connectivity for businesses with freight, fleet, or field operations throughout the region. It is positioned as an owner-user setup designed for tenants needing both covered space and dedicated outdoor storage.
With multiple overhead doors, covered canopy space, and secure yard access, the layout is geared toward flexible day-to-day logistics and service-oriented uses that benefit from both warehouse functionality and outdoor staging.
The property provides direct access to US-75, supporting efficient connectivity for businesses with freight, fleet, or field operations throughout the region. It is positioned as an owner-user setup designed for tenants needing both covered space and dedicated outdoor storage.
With multiple overhead doors, covered canopy space, and secure yard access, the layout is geared toward flexible day-to-day logistics and service-oriented uses that benefit from both warehouse functionality and outdoor staging.
Key Highlights
- 5,000 SF flex building built in 1980
- Expansive graveled yard storage on 1.06 acres
- Five overhead doors for loading and access
Local Financial Insights For Warehouse
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 | $39.0k | $7.80 |
| − Vacancy | −$975 | −$0.20 |
| EGI | $38.0k | $7.60 |
| − OpEx | −$5.7k | −$1.14 |
| NOI | $32.3k | $6.46 |
5,000 SF · lease $7.80/SF/yr · vacancy 2.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$461.7K
$404.0K – $538.7K
NOI $32,321 @ 7.0% cap · market cap 3.85%
Second Best
Flex RnD
$450.9K
$394.5K – $526.0K
NOI $31,561 @ 7.0% cap · market cap 3.76%
Theoretical Best
Office A
$1.13M
$986.0K – $1.31M
NOI $78,880 @ 7.0% cap · market cap 9.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - 5,000 SF flex building with five overhead doors and expansive graveled yard storage behind a gated, fenced perimeter.
Where is this flex space located?
The property is located at 552 W 138th St Glenpool, OK.
What is the asking price?
The asking price for this property is $840,000.
What are key features of this property?
This property features: 5,000 SF flex building built in 1980; Expansive graveled yard storage on 1.06 acres; Five overhead doors for loading and access
