Industrial Warehouse with Loading
6924 S Eastern Ave, Oklahoma City, OK 73149
For Sale
Contact for pricing
I-3 zoning and varied loading infrastructure accommodate industrial operations.
Property Size35,008 SF
Lot Size6.32 Acres
Price / SF$101.41
Days on Market48
Property Features for 6924 S Eastern Ave
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Zoning
Warehouse & Industrial
Clear Height
Dock-High Doors
Drive-In Doors
Power
Additional Details
Highway Access
Property Use
Building Details
Building Size
Listing Agency:
CBRE - Oklahoma City
Listed By:
Caitlin Mazaheri · License OK #156112
(405) 607-6059
Source:
Crexi
Added: Sep 24
Changed: Nov 8
Last Checked: Nov 8 at 4:15PM
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 CBRE - Oklahoma City
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Investment Insights
Based on property information with market context.
This industrial warehouse in Oklahoma City occupies approximately 6.32 acres and contains 35,008 square feet. Recent renovations have updated the facility. Building features include 1,600 amps of power, an 18-foot clear height, six dock-high doors, and four drive-in doors. The property is zoned I-3, supporting industrial and manufacturing uses, and has approximately 60 surface parking spaces.
Access to Interstate 35 and Interstate 240 connects the site with the Oklahoma City metro area and regional transportation routes.
Access to Interstate 35 and Interstate 240 connects the site with the Oklahoma City metro area and regional transportation routes.
Key Highlights
- 35,008‑square‑foot facility on approximately 6.32 acres
- 1,600 amps of power and 18‑foot clear height
- Six dock‑high loading doors and four drive‑in doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$277,095
Cap Rate
7.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,541,900
$5.5M
Cap Rate 7%
$3,958,500
$4.0M
Cap Rate 9%
$3,078,833
$3.1M
Market Conditions
NOI Build-Up for 35,008 SF
Gross rent
$336.1K $9.60/SF
− Vacancy
−$10.1K −$0.29/SF
EGI
$326.0K $9.31/SF
− OpEx
−$48.9K −$1.40/SF
NOI
$277.1K $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%
$5,541,900
Cap Rate 7%
$3,958,500
Cap Rate 9%
$3,078,833
Alternative Uses
Best Use
Warehouse
$3.96M
$3.46M – $4.62M
NOI $277,095 @ 7.0% cap · market cap 7.81%
Second Best
Industrial
$3.04M
$2.66M – $3.55M
NOI $212,831 @ 7.0% cap · market cap 6.00%
Theoretical Best
Specialty Retail
$11.97M
$10.48M – $13.97M
NOI $838,092 @ 7.0% cap · market cap 23.61%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
18 ft
Clear height
6
Dock-high doors
4
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
139
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 73149, OK
5,726
Population
2,288
Households
2.5
Avg Household Size
32
Median Age
13%
College-Educated
74%
High-School Grad
5.4 sq mi
ZIP Area
1,060
Density / Sq Mi
$48,045
Median Household Income
$30,182
Median Earnings
$1,023
Median Rent
$125,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Warehouses in Oklahoma City, OK
Properties on Market for Warehouses in Oklahoma City
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Store OKC — 7900 Pole Rd, Oklahoma City, OK 73149
Frequently Asked Questions
What type of property is this?
Warehouse - I-3 zoning and varied loading infrastructure accommodate industrial operations.
Where is this warehouse located?
The property is located at 6924 S Eastern Ave Oklahoma City, OK.
What is the asking price?
The asking price for this property is $3,550,000.
What are key features of this property?
This property features: 35,008‑square‑foot facility on approximately 6.32 acres; 1,600 amps of power and 18‑foot clear height; Six dock‑high loading doors and four drive‑in doors
