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Warehouse with Fenced Yard and Dock
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5701 S AGNEW AVE, Oklahoma City, OK 73108

Fully built out grow facility with a fenced yard and dock high loading for light industrial and distribution use near airport and I-44.

Property Size12,194 SF
Lot Size1.10 Acres
Price / SF$106.61
Days on Market98

Property Features for 5701 S AGNEW AVE

General Information

Standard status Active
Size 12,194 SF
Lot size 1.10 Acres
Property subtype Mixed Use, Industrial, Special Purpose
Lease Type NNN
Investment Type Redevelopment

Additional Details

Fenced Yard Yes
Dock-High Doors 1

Building Details

Year Built 1966
Stories 1
Units 1
Listing Agency: Urban Works Real Estate
Listed By: Brennan Dolan · License #159538
Source: Crexi
Added: Jul 2 Changed: Oct 4 Last Checked: Oct 7 at 11:09AM

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 Urban Works Real Estate

Investment Insights

Based on property information with market context.

This property is a fully built out grow facility designed to support warehouse, distribution center, or other light industrial uses. The offering includes more than 12,000 SF of space on 1.1 acres of land, along with a fenced-in yard for secure outside storage or operations. Loading convenience is supported by one dock high loading door.

The site is located at 5701 S Agnew Ave in Oklahoma City. It is described as being close to Will Rogers Airport and also in close proximity to I-44, providing practical access for business operations that benefit from nearby transportation connections.

For tenants or buyers seeking an industrial-style setup with existing improvements for controlled-use operations, this facility offers a turn-key starting point with dedicated interior build-out and an on-site fenced yard. The combination of warehouse/distribution-oriented space, dock high loading, and secure outside area can support a range of light industrial activities, including logistics needs that align with distribution center or warehouse requirements in addition to the grow facility configuration.

Key Highlights

  • Fully built out grow facility with over 12,000 SF of space
  • 1.1 acres of land for light industrial and distribution uses
  • Fenced yard

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$96,518
Cap Rate
7.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,930,360 $1.9M
Cap Rate 7%
$1,378,829 $1.4M
Cap Rate 9%
$1,072,422 $1.1M
Market Conditions
NOI Build-Up for 12,194 SF
Gross rent
$117.1K $9.60/SF
− Vacancy
−$3.5K −$0.29/SF
EGI
$113.6K $9.31/SF
− OpEx
−$17.0K −$1.40/SF
NOI
$96.5K $7.92/SF
Area
Oklahoma City, OK
Vacancy
3.00%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,930,360
Cap Rate 7%
$1,378,829
Cap Rate 9%
$1,072,422

Alternative Uses

Best Use
Flex RnD
$2.35M
$2.05M – $2.74M (±1% cap)
NOI $164,356 @ 7.0% cap · market cap 12.64%
Second Best
Warehouse
$1.38M
$1.21M – $1.61M (±1% cap)
NOI $96,518 @ 7.0% cap · market cap 7.42%
Theoretical Best
Specialty Retail
$4.17M
$3.65M – $4.87M (±1% cap)
NOI $291,924 @ 7.0% cap · market cap 22.46%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Southwest Freight Service

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Skin Care Clinic Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Dock-high doors
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

523
Businesses Nearby
Under-served
Demand for This Use

Demographics for 73108, OK

14,451
Population
6,221
Households
2.3
Avg Household Size
30
Median Age
4%
College-Educated
56%
High-School Grad
7.6 sq mi
ZIP Area
1,901
Density / Sq Mi
$35,278
Median Household Income
$31,017
Median Earnings
$799
Median Rent
$75,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Fully built out grow facility with a fenced yard and dock high loading for light industrial and distribution use near airport and I-44.
Where is this flex space located?
The property is located at 5701 S AGNEW AVE Oklahoma City, OK.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Fully built out grow facility with over 12,000 SF of space; 1.1 acres of land for light industrial and distribution uses; Fenced yard
(405) 849-5166 Call to check price and availability
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