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    10500 Reno Ave Oklahoma City, OK 73127

    For Sale
    $5,490,000

    84,190 SF Warehouse, Excellent Location

    Property size:
    84,190 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional 84,190-square-foot Class C industrial warehouse, situated on a 5.33-acre lot in Oklahoma City, OK, presents a compelling investment opportunity. Priced at $5,490,000 ($65.21/SF), this single-tenant, vacant property boasts a prime location with convenient access to I-40 and the Kilpatrick Turnpike. Built in 1964 and extensively renovated in 2018 and 2021, the building features a 22-foot clear height ceiling, three loading docks, and three dock-high doors. The functional layout includes 14,000 square feet of office space and 70,000 square feet of warehouse space, further enhanced by a three-ton crane. The property is zoned for industrial use and offers significant expansion potential with an additional three acres available for purchase on the east side of the building. This presents a rare chance to acquire a well-maintained, strategically located warehouse with substantial growth opportunities in a thriving market. The property is offered as a NNN lease. The address is 10500 W Reno Ave, Oklahoma City, OK 73127.

    Property Features for 10500 Reno Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    84,190 SF
    Class
    C
    Lot Size
    232,175 SF

    Building Details

    Year Built
    1964
    Buildings
    1

    HighLights

    • 84,190 SF warehouse on 5.33 acres.
    • $5,490,000 asking price; $65.21/SF.
    • Class C industrial building, vacant, NNN lease.
    • Located at 10500 W Reno Ave, Oklahoma City, OK 73127, with easy access to I‑40 and Kilpatrick Turnpike.
    • Features 22' clear height ceilings, three loading docks, and three dock‑high doors.
    • Renovated in 2018 and 2021.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quality Petroleum Petroleum Products Company OKC Performance Roofing Roofing Contractor

    Suggested Use

    Realty agency Building Supply Dental Office Wholesale Shop Auto Repair Shop Pharmacy Kitchen & Bath Food Market Accounting Firm HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Oklahoma City
    County
    Canadian
    State
    Oklahoma
    Longitude
    -97.7055224
    Latitude
    35.463506

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    FAQs

    What type of property is this?
    Distribution property - 84,190 SF Warehouse, Excellent Location
    Where is this distribution property located?
    The property is located at 10500 Reno Ave Oklahoma City, OK.
    What is the asking price?
    The asking price for this property is $5,490,000.
    What are key features of this property?
    This property features: 84,190 SF warehouse on 5.33 acres.; $5,490,000 asking price; $65.21/SF.; Class C industrial building, vacant, NNN lease.
    Request Owner's contact information
    10500 Reno Ave Oklahoma City, OK 73127
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    Oklahoma City, OK 73127
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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
    10500 Reno Ave Oklahoma City, OK 73127
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