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Flex Industrial Warehouse
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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 Market52

Property Features for 6785 Prosper Circle

General Information

Standard status Active
Size 7,000 SF
Property subtype Industrial

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: Jul 10 Last Checked: Aug 5 at 1:40PM

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

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.

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 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 $67.2k $9.60
− Vacancy −$5.1k −$0.73
EGI $62.1k $8.87
− OpEx −$9.3k −$1.33
NOI $52.8k $7.54
7,000 SF · lease $9.60/SF/yr · vacancy 7.60% · expense 15.00%

Alternative Uses

Best Use
Flex RnD
$1.25M
$1.09M – $1.46M (±1% cap)
NOI $87,383 @ 7.0% cap · market cap 9.71%
Second Best
Warehouse
$754.0K
$659.7K – $879.7K (±1% cap)
NOI $52,779 @ 7.0% cap · market cap 5.86%
Theoretical Best
Office A
$1.46M
$1.28M – $1.70M (±1% cap)
NOI $102,058 @ 7.0% cap · market cap 11.34%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Restaurant Electronics & Wireless Store

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

Location Intelligence

Trade Area within ½ mile

7
Businesses Nearby
Balanced
Demand for This Use

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

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
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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
More about this property
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