Flex Building with Crane
For Sale
$1,950,000
9620 Pole Road Oklahoma, Oklahoma City, OK 73160
I-3 Heavy Industrial zoning accommodates a broad spectrum of industrial operations and service-oriented uses.
Property Size18,600 SF
Days on Market195
Property Features for 9620 Pole Road Oklahoma
General Information
Standard status
Active
Size
18,600 SF
Property subtype
Industrial
Building Details
Building Size
18,600 SF
Year Built
2009
Properties For Sale
at 9620 Pole Road Oklahoma Contact us- Size
- 18,600 SF
- Lease Type
- NNN
9620 Pole Rd
Listing Agency:
Fleske Holding Company
(405) 397-3228
Listed By:
Nick Tyler
(405) 397-3228
Source:
Thebrokerlist
Added: Feb 18
Changed: Aug 30
Last Checked: Aug 30 at 3:10AM
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 Fleske Holding Company
Investment Insights
Based on property information with market context.
This flex property includes a 16,200-square-foot primary building with 8,400 square feet of office area and 7,800 square feet dedicated to warehouse use. The structure features a 25-foot clear-span peak, a 5-ton bridge crane, and a jib crane. Graveled yard space and outdoor fenced storage support industrial operations, while additional docks, ramps, and specialized electrical capabilities are available for various workflows.
A separate 2,400-square-foot building sits at the rear of the site. It may be occupied by the purchaser or continue under lease with the existing tenant. The property carries I-3 Heavy Industrial zoning and is positioned in south Oklahoma City near Interstate 35, providing access to regional transportation routes.
A separate 2,400-square-foot building sits at the rear of the site. It may be occupied by the purchaser or continue under lease with the existing tenant. The property carries I-3 Heavy Industrial zoning and is positioned in south Oklahoma City near Interstate 35, providing access to regional transportation routes.
Key Highlights
- 16,200‑square‑foot main building with 8,400 square feet of office and 7,800 square feet of warehouse space
- 25‑foot clear‑span ceiling height at the building peak
- 5‑ton bridge crane and jib crane included
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
$140,241
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
7.19%
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%
$2,804,820
$2.8M
Cap Rate 7%
$2,003,443
$2.0M
Cap Rate 9%
$1,558,233
$1.6M
Market Conditions
NOI Build-Up for 18,600 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
$178.6K $9.60/SF
− Vacancy
−$13.6K −$0.73/SF
EGI
$165.0K $8.87/SF
− OpEx
−$24.7K −$1.33/SF
NOI
$140.2K $7.54/SF
Area
ZIP 73160
Vacancy
7.60%
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%
$2,804,820
Cap Rate 7%
$2,003,443
Cap Rate 9%
$1,558,233
Alternative Uses
Best Use
Office B
$3.36M
$2.94M – $3.92M
NOI $235,030 @ 7.0% cap · market cap 12.05%
Second Best
Flex RnD
$3.05M
$2.67M – $3.56M
NOI $213,558 @ 7.0% cap · market cap 10.95%
Theoretical Best
Specialty Retail
$4.50M
$3.93M – $5.25M
NOI $314,712 @ 7.0% cap · market cap 16.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
120
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 73160, OK
60,511
Population
25,055
Households
2.4
Avg Household Size
33
Median Age
28%
College-Educated
92%
High-School Grad
21.4 sq mi
ZIP Area
2,828
Density / Sq Mi
$76,407
Median Household Income
$41,156
Median Earnings
$1,245
Median Rent
$189,000
Median Home Value
Market
Vacancy Rate% for Office in Oklahoma City, OK
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - I-3 Heavy Industrial zoning accommodates a broad spectrum of industrial operations and service-oriented uses.
Where is this flex space located?
The property is located at 9620 Pole Road Oklahoma Oklahoma City, OK.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: 16,200‑square‑foot main building with 8,400 square feet of office and 7,800 square feet of warehouse space; 25‑foot clear‑span ceiling height at the building peak; 5‑ton bridge crane and jib crane included
