Flex Industrial
For Sale
Contact for pricing
6785 Prosper Circle, Edmond, OK 73034
New flex industrial park offering flex-warehouse space off Waterloo Road in Northeast Edmond.
Property Size7,000 SF
Price / SF$128.57
Days on Market145
Property Features for 6785 Prosper Circle
General Information
Standard status
Active
Size
7,000 SF
Class
B
Property subtype
Industrial
Investment Type
Owner/User
Building Details
Year Built
2022
Listing Agency:
Victory Real Estate
Listed By:
Tom H. Vaught, SIOR · License #OK 155758
Source:
Crexi
Added: Jun 15
Changed: Oct 26
Last Checked: Nov 4 at 12:46PM
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 Victory Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Prosper Park is a new flex industrial park offering warehouse and flex space in Northeast Edmond. The property is configured for flexible industrial use within a dedicated park setting.
The development is conveniently located off Waterloo Road, positioned between I-35 and the Oak Tree Neighborhood. This location is designed to provide straightforward access for industrial tenants serving the surrounding Edmond area.
For buyers and operators seeking adaptable warehouse space, Prosper Park supports a range of flex-leaning industrial needs within a park environment. The asset’s focus on flex industrial use can be practical for tenants that require both warehouse functionality and flexibility in day-to-day operations.
The development is conveniently located off Waterloo Road, positioned between I-35 and the Oak Tree Neighborhood. This location is designed to provide straightforward access for industrial tenants serving the surrounding Edmond area.
For buyers and operators seeking adaptable warehouse space, Prosper Park supports a range of flex-leaning industrial needs within a park environment. The asset’s focus on flex industrial use can be practical for tenants that require both warehouse functionality and flexibility in day-to-day operations.
Key Highlights
- Year built: 2022
- New flex industrial park offering flex‑warehouse space off Waterloo Road in Northeast Edmond
- Located off Waterloo Road between I‑35 and the Oak Tree Neighborhood
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,465
Cap Rate
4.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$869,300
$869.3K
Cap Rate 7%
$620,929
$620.9K
Cap Rate 9%
$482,944
$482.9K
Market Conditions
NOI Build-Up for 7,000 SF
Gross rent
$67.2K $9.60/SF
− Vacancy
−$5.1K −$0.73/SF
EGI
$62.1K $8.87/SF
− OpEx
−$18.6K −$2.66/SF
NOI
$43.5K $6.21/SF
Area
Oklahoma County, OK
Vacancy
7.60%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$869,300
Cap Rate 7%
$620,929
Cap Rate 9%
$482,944
Alternative Uses
Best Use
Flex RnD
$1.25M
$1.09M – $1.46M
NOI $87,383 @ 7.0% cap · market cap 9.71%
Second Best
Industrial
$620.9K
$543.3K – $724.4K
NOI $43,465 @ 7.0% cap · market cap 4.83%
Theoretical Best
Office A
$1.46M
$1.28M – $1.70M
NOI $102,058 @ 7.0% cap · market cap 11.34%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
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
$368,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Flex space in Oklahoma County, OK
Properties on Market for Flex space in Oklahoma County
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - New flex industrial park offering flex-warehouse space off Waterloo Road in Northeast Edmond.
Where is this flex space located?
The property is located at 6785 Prosper Circle Edmond, OK.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Year built: 2022; New flex industrial park offering flex‑warehouse space off Waterloo Road in Northeast Edmond; Located off Waterloo Road between I‑35 and the Oak Tree Neighborhood
