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Industrial/Retail Space with Overhead Doors
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4621 NW 10th St, Oklahoma City, OK 73127

Versatile commercial space with I-2 zoning and multiple overhead doors.

Property Size14,850 SF
Price / SF$84.18
Days on Market2295

Property Features for 4621 NW 10th St

General Information

Standard status Active
Size 14,850 SF
Property subtype Industrial, Retail

Building Details

Year Built 1956
Listing Agency: KW Commercial OK
Listed By: Mark McKee · License #OK
Source: Crexi
Added: Apr 25, 2020 Changed: Jul 10 Last Checked: Aug 5 at 2:25PM

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 KW Commercial OK

Investment Insights

Based on property information with market context.

This commercial property, zoned I-2, is suitable for a variety of uses including service businesses, garages, repair shops, and retail operations. The property features five overhead doors. The location is on the north side of NW 10th Street, west of Meridian at 4621 NW 10th Street. The property size is 14,850 square feet.

Key Highlights

  • Zoned I‑2, allowing for a wide range of commercial and industrial uses.
  • Features five overhead doors, facilitating easy access.
  • Suitable for service business, garage, repair, or retail.

Financial Insights For Industrial

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $133.7k $9.00
− Vacancy −$4.7k −$0.32
EGI $129.0k $8.69
− OpEx −$38.7k −$2.61
NOI $90.3k $6.08
14,850 SF · lease $9.00/SF/yr · vacancy 3.50% · expense 30.00%

Alternative Uses

Best Use
Retail
$4.19M
$3.66M – $4.89M (±1% cap)
NOI $293,139 @ 7.0% cap · market cap 23.45%
Second Best
Industrial
$1.29M
$1.13M – $1.50M (±1% cap)
NOI $90,281 @ 7.0% cap · market cap 7.22%
Theoretical Best
Specialty Retail
$5.08M
$4.44M – $5.93M (±1% cap)
NOI $355,509 @ 7.0% cap · market cap 28.44%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

A Window Tint & Glass Auto Repair Shop Carlos Window Tint Interior Design A GLASS SHOP OKC Interior Design Big Wheel Motors Car Dealership

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Locksmith Bakery Gym & Fitness Center Nail Salon

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

357
Businesses Nearby

Demographics for 73127, OK

27,007
Population
11,329
Households
2.4
Avg Household Size
32
Median Age
16%
College-Educated
76%
High-School Grad
11.3 sq mi
ZIP Area
2,390
Density / Sq Mi
$46,020
Median Household Income
$28,766
Median Earnings
$926
Median Rent
$139,200
Median Home Value

Market

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Industrial property - Versatile commercial space with I-2 zoning and multiple overhead doors.
Where is this industrial property located?
The property is located at 4621 NW 10th St Oklahoma City, OK.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Zoned I‑2, allowing for a wide range of commercial and industrial uses.; Features five overhead doors, facilitating easy access.; Suitable for service business, garage, repair, or retail.
More about this property
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