Warehouse in Industrial
For Sale
$410,000
Pending
625 Koloa Avenue, Edmond, OK 73034
For sale warehouse property located at 625 Koloa Avenue within Koloa Industrial in Edmond.
Property Size4,000 SF
Days on Market154
Property Features for 625 Koloa Avenue
General Information
Standard status
Pending
Size
4,000 SF
Zoning
Commercial
Amenities
High Speed Internet
Building Details
Year Built
2024
Stories
1
Listing Agency:
Pioneer Realty
Listed By:
Seth Koenig · License #145259
(405) 306-0245
Source:
Evrealestate
Added: Apr 5
Changed: Sep 4
Last Checked: Sep 5 at 4:35AM
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 Pioneer Realty
Investment Insights
Based on property information with market context.
This for-sale warehouse property is located at 625 Koloa Avenue in Edmond, Oklahoma, within the Koloa Industrial area. The offering includes approximately 4,000 square feet of warehouse space, suited for industrial storage and related uses.
Access is provided from S Sooner Rd. From the intersection of S Sooner Rd and E Charter Oak Rd in Edmond, take Sooner Rd north for about one-quarter mile, and enter Koloa Industrial from the west side of the road. The property is in Logan County.
If you’re evaluating industrial options in the Edmond area, this warehouse provides a straightforward configuration for light industrial and storage-oriented requirements, with location at the Koloa Industrial entrance and direct access via Sooner Rd.
Access is provided from S Sooner Rd. From the intersection of S Sooner Rd and E Charter Oak Rd in Edmond, take Sooner Rd north for about one-quarter mile, and enter Koloa Industrial from the west side of the road. The property is in Logan County.
If you’re evaluating industrial options in the Edmond area, this warehouse provides a straightforward configuration for light industrial and storage-oriented requirements, with location at the Koloa Industrial entrance and direct access via Sooner Rd.
Key Highlights
- Warehouse for sale at 625 Koloa Avenue within Koloa Industrial in Edmond
- Built in 2024
- High speed internet available
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
$30,159
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
7.36%
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%
$603,180
$603.2K
Cap Rate 7%
$430,843
$430.8K
Cap Rate 9%
$335,100
$335.1K
Market Conditions
NOI Build-Up for 4,000 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
$38.4K $9.60/SF
− Vacancy
−$2.9K −$0.73/SF
EGI
$35.5K $8.87/SF
− OpEx
−$5.3K −$1.33/SF
NOI
$30.2K $7.54/SF
Area
Oklahoma 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%
$603,180
Cap Rate 7%
$430,843
Cap Rate 9%
$335,100
Alternative Uses
Best Use
Warehouse
$430.8K
$377.0K – $502.7K
NOI $30,159 @ 7.0% cap · market cap 7.36%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$833.1K
$729.0K – $972.0K
NOI $58,319 @ 7.0% cap · market cap 14.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
7
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 73034, OK
47,553
Population
18,727
Households
2.5
Avg Household Size
37
Median Age
59%
College-Educated
96%
High-School Grad
51.7 sq mi
ZIP Area
920
Density / Sq Mi
$113,296
Median Household Income
$52,163
Median Earnings
$1,203
Median Rent
$368,000
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - For sale warehouse property located at 625 Koloa Avenue within Koloa Industrial in Edmond.
Where is this warehouse located?
The property is located at 625 Koloa Avenue Edmond, OK.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: Warehouse for sale at 625 Koloa Avenue within Koloa Industrial in Edmond; Built in 2024; High speed internet available
