Industrial Park
For Sale
Contact for pricing
7412 NW 84th St, Oklahoma City, OK 73132
Warehouse property positioned within an established commercial district near retail centers and residential neighborhoods.
Property Size4,050 SF
Price / SF$172.59
Days on Market164
Property Features for 7412 NW 84th St
General Information
Standard status
Active
Size
4,050 SF
Property subtype
INDUSTRIAL
Listing Agency:
CBRE | Oklahoma City
(405) 272-5300
Listed By:
Amy Dunn · License #079148
(405) 209-3656
Source:
Moodyscre
Added: Mar 23
Changed: Aug 30
Last Checked: Aug 30 at 9:10AM
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 CBRE | Oklahoma City
Investment Insights
Based on property information with market context.
This warehouse property contains 4,050 square feet within Rockwell Industrial Park. The asset is located in Oklahoma City, south of Northwest Expressway and west of Glade Avenue.
The surrounding area combines commercial development, residential neighborhoods, and large-format retail centers, placing the property within an established mixed-use business setting. The address is 7412 NW 84th St, Oklahoma City, OK 73132.
The surrounding area combines commercial development, residential neighborhoods, and large-format retail centers, placing the property within an established mixed-use business setting. The address is 7412 NW 84th St, Oklahoma City, OK 73132.
Key Highlights
- 4,050‑square‑foot warehouse in Rockwell Industrial Park
- South of Northwest Expressway and west of Glade Avenue
- 7412 NW 84th St, Oklahoma City, OK 73132
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
$32,057
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
4.59%
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%
$641,140
$641.1K
Cap Rate 7%
$457,957
$458.0K
Cap Rate 9%
$356,189
$356.2K
Market Conditions
NOI Build-Up for 4,050 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
$38.9K $9.60/SF
− Vacancy
−$1.2K −$0.29/SF
EGI
$37.7K $9.31/SF
− OpEx
−$5.7K −$1.40/SF
NOI
$32.1K $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 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%
$641,140
Cap Rate 7%
$457,957
Cap Rate 9%
$356,189
Alternative Uses
Best Use
Warehouse
$458.0K
$400.7K – $534.3K
NOI $32,057 @ 7.0% cap · market cap 4.59%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.39M
$1.21M – $1.62M
NOI $96,957 @ 7.0% cap · market cap 13.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
870
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 73132, OK
28,394
Population
12,592
Households
2.3
Avg Household Size
36
Median Age
31%
College-Educated
92%
High-School Grad
7.6 sq mi
ZIP Area
3,736
Density / Sq Mi
$58,750
Median Household Income
$37,243
Median Earnings
$1,058
Median Rent
$200,500
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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- Gatekeeper Self Storage @ Northwest oklahoma city — 8701 N Council Rd, Oklahoma City, OK 73132
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse property positioned within an established commercial district near retail centers and residential neighborhoods.
Where is this warehouse located?
The property is located at 7412 NW 84th St Oklahoma City, OK.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 4,050‑square‑foot warehouse in Rockwell Industrial Park; South of Northwest Expressway and west of Glade Avenue; 7412 NW 84th St, Oklahoma City, OK 73132
