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    308 Rhode Island Ave Oklahoma City, OK 73117

    Sponsored
    For Lease
    $0.53 SF/Yr

    1.82-acre fenced lot, I-44 access

    Lot size:
    79,279 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 1.82-acre industrial lot, located at 308 Rhode Island Ave, Oklahoma City, OK 73117, presents a unique opportunity for businesses seeking a strategic location with excellent accessibility. Zoned I-2, this single-tenancy property boasts a fenced perimeter, level terrain, and ample space ideal for various industrial uses, including storage or outdoor workspaces. Its prime location just north of the Oklahoma River offers easy access to major thoroughfares such as I-44, I-35, and I-235, simplifying transportation and logistics. The property is conveniently situated off Kellham Drive, just south of NE 4th Street, providing easy access to NE 4th Street, Martin Luther King Avenue, and I-40. This versatile lot in Oklahoma County's South submarket offers a combination of prime location, convenient access, and ample space, making it an attractive option for a variety of industrial needs. The lot size is 1.82 acres, and the cross street is NE 4th St. This is a truly exceptional opportunity to establish your business in a highly accessible and well-connected location.

    Property Features for 308 Rhode Island Ave

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    79,279 SF

    Unit(s) available at that property

    Space
    Size
    79,279 SF
    Rate per SF
    $0.53

    HighLights

    • 1.82‑acre industrial lot in Oklahoma City, OK.
    • I‑2 zoning, ideal for various industrial uses.
    • Excellent access to I‑40, I‑35, I‑235, and major thoroughfares.
    • Fenced yard with ample parking and maneuvering space.
    • Graveled yard.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mills Enterprises Inc Lumber Store Cool Box Portable ... Self-Storage Facility

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oklahoma City
    County
    Cleveland
    State
    Oklahoma
    Longitude
    -97.480694430375
    Latitude
    35.469649664593

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    FAQs

    What type of property is this?
    Land - 1.82-acre fenced lot, I-44 access
    Where is this land located?
    The property is located at 308 Rhode Island Ave Oklahoma City, OK.
    What is the lease rate?
    The lease rate is $0.53 SF/Yr.
    What are key features of this property?
    This property features: 1.82-acre industrial lot in Oklahoma City, OK.; I-2 zoning, ideal for various industrial uses.; Excellent access to I-40, I-35, I-235, and major thoroughfares.
    Request Owner's contact information
    308 Rhode Island Ave Oklahoma City, OK 73117
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    Oklahoma City, OK 73117
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    308 Rhode Island Ave Oklahoma City, OK 73117
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