Listing Agency: Lowell Group, Inc.

Listed By: Reagan Lowell · License #OK 145988 Show Phone

Source: Crexi

Added: Sep 11 Changed: Oct 25 Last Checked: Nov 4 at 11:02AM

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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 Lowell Group, Inc.

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Investment Insights

Based on property information with market context.

This industrial warehouse property offers 2,100 square feet of space in a dedicated warehouse configuration. The asset is located at 7717 NW 81st Circle in Oklahoma City, providing a straightforward option for warehouse-oriented commercial use.

Key Highlights

• 2,100 SF industrial warehouse
• Located at 7717 NW 81st Circle
• Oklahoma City, OK 73132

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$16,622

Cap Rate

4.76%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$332,440 $332.4K

Cap Rate 7%

$237,457 $237.5K

Cap Rate 9%

$184,689 $184.7K

Is this asking price fair?

Market Conditions

NOI Build-Up for 2,100 SF

Gross rent

$20.2K $9.60/SF

− Vacancy

−$605 −$0.29/SF

EGI

$19.6K $9.31/SF

− OpEx

−$2.9K −$1.40/SF

NOI

$16.6K $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%

$332,440

Cap Rate 7%

$237,457

Cap Rate 9%

$184,689

Alternative Uses

Best Use

Warehouse

$237.5K

$207.8K – $277.0K (±1% cap)

NOI $16,622 @ 7.0% cap · market cap 4.76%

Second Best

—

—

no second resolved use

Theoretical Best

Specialty Retail

$718.2K

$628.4K – $837.9K (±1% cap)

NOI $50,274 @ 7.0% cap · market cap 14.41%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Hair Salon Nail Salon Restaurant

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

268

Businesses Nearby

Under-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

Average Price Trend$/SF for Warehouses in Oklahoma City, OK

$209 Jul

$200 Aug

$201 Sep

$195 Oct

Properties on Market for Warehouses in Oklahoma City

Jul

Aug

Sep

Oct

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

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Frequently Asked Questions

What type of property is this?

Warehouse - Industrial warehouse space suited to storage, distribution, or related commercial operations.

Where is this warehouse located?

The property is located at 7717 NW 81st Circle Oklahoma City, OK.

What is the asking price?

The asking price for this property is $349,000.

What are key features of this property?

This property features: 2,100 SF industrial warehouse; Located at 7717 NW 81st Circle; Oklahoma City, OK 73132