Mixed-Use Warehouse and Office
For Sale
Contact for pricing
7624 Broadway Ext, Oklahoma City, OK 73116
Versatile mixed-use property with warehouse and office space for sale.
Property Size3,920 SF
Price / SF$216.84
Days on Market147
Property Features for 7624 Broadway Ext
General Information
Standard status
Active
Size
3,920 SF
Class
A
Property subtype
Office, Industrial
Zoning
I-2
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$60,000
Building Details
Year Built
1985
Buildings
2
Units
2
Tenancy
Single
Listing Agency:
Creek Price Edwards
Listed By:
AJ Tolbert · License #OK 179422
(405) 510-0079
Source:
Crexi
Added: May 23
Changed: Oct 14
Last Checked: Oct 16 at 9:34AM
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 Creek Price Edwards
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Investment Insights
Based on property information with market context.
The property at 7624 Broadway Ext is a mixed-use property featuring both warehouse and office space. It offers 3,920 square feet of space across two conjoined buildings. Constructed in 1963 and 1985, the building is zoned I-2, accommodating a range of industrial and commercial applications. The property is located on the east side of Broadway Extension in a rapidly growing area of Oklahoma City. This well-maintained building presents an investment opportunity for those seeking office or office warehouse space.
Key Highlights
- 3,920 SF of versatile warehouse and office space
- Zoned I‑2 for a wide range of industrial and commercial uses
- Located in a rapidly growing area of Oklahoma City
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,771
Cap Rate
6.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,115,420
$1.1M
Cap Rate 7%
$796,729
$796.7K
Cap Rate 9%
$619,678
$619.7K
Market Conditions
NOI Build-Up for 3,920 SF
Gross rent
$97.8K $24.96/SF
− Vacancy
−$23.5K −$5.99/SF
EGI
$74.4K $18.97/SF
− OpEx
−$18.6K −$4.74/SF
NOI
$55.8K $14.23/SF
Area
Oklahoma City, OK
Vacancy
24.00%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,115,420
Cap Rate 7%
$796,729
Cap Rate 9%
$619,678
Alternative Uses
Best Use
Office B
$796.7K
$697.1K – $929.5K
NOI $55,771 @ 7.0% cap · market cap 6.56%
Second Best
Mixed Use
$772.8K
$676.2K – $901.6K
NOI $54,096 @ 7.0% cap · market cap 6.36%
Theoretical Best
Specialty Retail
$1.34M
$1.17M – $1.56M
NOI $93,845 @ 7.0% cap · market cap 11.04%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
548
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Oklahoma City, OK
Frequently Asked Questions
What type of property is this?
Mixed-use property - Versatile mixed-use property with warehouse and office space for sale.
Where is this mixed-use property located?
The property is located at 7624 Broadway Ext Oklahoma City, OK.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 3,920 SF of versatile warehouse and office space; Zoned I‑2 for a wide range of industrial and commercial uses; Located in a rapidly growing area of Oklahoma City
