Flex Space with Overhead
For Sale
Contact for pricing
9609 9625 9633 9641 9649 9657 9663 N Council, Oklahoma City, OK 76525
Versatile commercial building with office, retail, commercial, and select light industrial use potential.
Property Size3,000 SF
Price / SF$153
Days on Market57
Property Features for 9609 9625 9633 9641 9649 9657 9663 N Council
General Information
Standard status
Active
Size
3,000 SF
Property subtype
Retail, Office, Industrial
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Building Size
3,000 SF
Listing Agency:
Lowell Group, Inc.
Listed By:
Reagan Lowell · License #OK 145988
(405) 412-8853
Source:
Crexi
Added: Sep 11
Changed: Oct 30
Last Checked: Nov 6 at 8:03AM
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This flex-space building measures 50' X 60' and features 15' to 16' sidewalls, a 12' X 14' overhead door, a separate walk-through entrance, and a bathroom. The zoning supports office, retail, commercial, and some light industrial uses.
The property is adjacent to NW Expressway and Council, with restaurants and shopping nearby. Surrounding amenities include Wal-Mart, Sam's, Office Depot, Home Depot, and the new Integris Community Hospital.
The property is adjacent to NW Expressway and Council, with restaurants and shopping nearby. Surrounding amenities include Wal-Mart, Sam's, Office Depot, Home Depot, and the new Integris Community Hospital.
Key Highlights
- 50' X 60' building with 15' to 16' sidewalls
- 12' X 14' overhead door plus walk‑through entrance
- Bathroom included within the building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,435
Cap Rate
8.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$808,700
$808.7K
Cap Rate 7%
$577,643
$577.6K
Cap Rate 9%
$449,278
$449.3K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$64.8K $21.60/SF
− Vacancy
−$2.6K −$0.86/SF
EGI
$62.2K $20.74/SF
− OpEx
−$21.8K −$7.26/SF
NOI
$40.4K $13.48/SF
Area
Oklahoma City, OK
Vacancy
4.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$808,700
Cap Rate 7%
$577,643
Cap Rate 9%
$449,278
Alternative Uses
Best Use
Retail
$846.0K
$740.3K – $987.0K
NOI $59,220 @ 7.0% cap · market cap 12.90%
Second Best
Flex RnD
$577.6K
$505.4K – $673.9K
NOI $40,435 @ 7.0% cap · market cap 8.81%
Theoretical Best
Specialty Retail
$1.03M
$897.8K – $1.20M
NOI $71,820 @ 7.0% cap · market cap 15.65%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
483
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Versatile commercial building with office, retail, commercial, and select light industrial use potential.
Where is this flex space located?
The property is located at 9609 9625 9633 9641 9649 9657 9663 N Council Oklahoma City, OK.
What is the asking price?
The asking price for this property is $459,000.
What are key features of this property?
This property features: 50' X 60' building with 15' to 16' sidewalls; 12' X 14' overhead door plus walk‑through entrance; Bathroom included within the building
