Oklahoma City Industrial Property For
For Sale
$6,000,000
7000 N Robinson Ave, Oklahoma City, OK 73116
83,944 SF industrial property with versatile loading options.
Property Size83,944 SF
Lot Size7.63 Acres
Price / SF$71.48
Days on Market171
Property Features for 7000 N Robinson Ave
General Information
Standard status
Active
Size
83,944 SF
Lot size
7.63 Acres
Property subtype
Industrial
Building Details
Building Size
83,944 SF
Year Built
1965
Listing Agency:
ADEPT Commercial Real Estate
(405) 831-0059
Listed By:
Cody Beat · License #182075
Source:
Adeptcre
Added: Mar 5
Changed: Aug 12
Last Checked: Aug 22 at 4:10AM
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 ADEPT Commercial Real Estate
Investment Insights
Based on property information with market context.
This 83,944 SF industrial property in Oklahoma City features four exterior dock doors, twelve half docks, and two drive-in doors. Situated on a +/- 7.63-acre lot, it provides ample parking and operational space. The modern office area includes high-end finishes and a spacious conference/multimedia room. Constructed with durable concrete and an aggregate rock façade, the building is mostly climate-controlled and equipped with high-capacity 3-phase power. Renovations were completed in 2011. The property is located along Broadway Extension with direct access from Broadway Extension Service Road, between Wilshire Boulevard and NW 63rd Street, approximately eight miles from Downtown Oklahoma City, with connectivity to Interstates 35, 40 and 44, as well as the Kilpatrick Turnpike. The property is suited for manufacturing and industrial users.
Key Highlights
- Expansive 83,944 SF industrial space suitable for manufacturing and industrial use.
- Excellent loading capabilities with four exterior dock doors, twelve half docks, and two drive‑in doors.
- Highly visible location on Broadway Extension with direct access and proximity to major interstates (I‑35, I‑40, I‑44) and the Kilpatrick Turnpike.
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
$510,338
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
8.51%
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%
$10,206,760
$10.2M
Cap Rate 7%
$7,290,543
$7.3M
Cap Rate 9%
$5,670,422
$5.7M
Market Conditions
NOI Build-Up for 83,944 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
$755.5K $9.00/SF
− Vacancy
−$26.4K −$0.32/SF
EGI
$729.1K $8.69/SF
− OpEx
−$218.7K −$2.61/SF
NOI
$510.3K $6.08/SF
Area
Oklahoma City, OK
Vacancy
3.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
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%
$10,206,760
Cap Rate 7%
$7,290,543
Cap Rate 9%
$5,670,422
Alternative Uses
Best Use
Industrial
$7.29M
$6.38M – $8.51M
NOI $510,338 @ 7.0% cap · market cap 8.51%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$28.71M
$25.12M – $33.49M
NOI $2,009,619 @ 7.0% cap · market cap 33.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,088
Businesses Nearby
Explore this area
Business Placement
Demographics for 73116, OK
9,531
Population
4,966
Households
1.9
Avg Household Size
43
Median Age
54%
College-Educated
95%
High-School Grad
5.5 sq mi
ZIP Area
1,733
Density / Sq Mi
$81,563
Median Household Income
$53,528
Median Earnings
$1,136
Median Rent
$285,200
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?
Manufacturing property - 83,944 SF industrial property with versatile loading options.
Where is this manufacturing property located?
The property is located at 7000 N Robinson Ave Oklahoma City, OK.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: Expansive 83,944 SF industrial space suitable for manufacturing and industrial use.; Excellent loading capabilities with **four exterior dock doors, twelve half docks, and two drive‑in doors.**; Highly visible location on Broadway Extension with direct access and proximity to major interstates (I‑35, I‑40, I‑44) and the Kilpatrick Turnpike.
