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    2708 Grimes Ave El Reno, OK 73036

    For Sale
    $549,000

    5,900 SF Flex Space, 2 Buildings

    Property size:
    5,900 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This vacant, fee-simple industrial property in El Reno, Oklahoma, offers 5,900 square feet of flexible space across two buildings situated on a 1.07-acre lot. Built in 1978 and 1994, with renovations completed in 2019, the property features a 14-foot ceiling height and is zoned I-1 (Light Industrial). The buildings, totaling 5,900 square feet (one 2,000 SF and one 3,900 SF), are equipped with 3-phase power and an air compressor system in each. A new metal perimeter fence with a rolling gate enhances security. Conveniently located off Highway 66, providing easy access to I-40, this property includes covered RV parking and other covered parking structures. The asking price is $549,000 ($93.05/SF and $274,500/unit). The property's ideal use is for auto or truck repair, given the adjacent storage yard. The Canadian County location and convenient highway access make this a prime investment opportunity. The property is currently vacant, presenting an immediate opportunity for owner-users.

    Property Features for 2708 Grimes Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    5,900 SF
    Class
    B
    Lot Size
    46,609 SF

    Building Details

    Year Built/Renovated
    1978/2019
    Buildings
    2
    Stories
    1
    Units
    2

    HighLights

    • Two buildings totaling 5,900 square feet.
    • 1.07‑acre lot with a metal fence.
    • Highway 66 frontage in El Reno, OK.
    • Excellent for auto or truck repair, featuring ample adjacent yard space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    El Reno
    County
    Canadian
    State
    Oklahoma
    Longitude
    -97.932618483976
    Latitude
    35.507197420126

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    FAQs

    What type of property is this?
    Distribution property - 5,900 SF Flex Space, 2 Buildings
    Where is this distribution property located?
    The property is located at 2708 Grimes Ave El Reno, OK.
    What is the asking price?
    The asking price for this property is $549,000.
    What are key features of this property?
    This property features: Two buildings totaling 5,900 square feet.; 1.07-acre lot with a metal fence.; Highway 66 frontage in El Reno, OK.
    Request Owner's contact information
    2708 Grimes Ave El Reno, OK 73036
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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
    2708 Grimes Ave El Reno, OK 73036
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