Broken Arrow Automotive and
For Sale
Contact for pricing
9800 S 219th East Ave, Broken Arrow, OK 74014
Automotive and industrial property available for sale in Broken Arrow.
Property Size47,000 SF
Price / SF$93.23
Days on Market197
Property Features for 9800 S 219th East Ave
General Information
Standard status
Active
Size
47,000 SF
Class
A
Property subtype
Industrial
Zoning
A-IL
Building Details
Year Built
1980
Listing Agency:
Marcus & Millichap - Oklahoma City
Listed By:
Tim Speck · License #9002994
Source:
Crexi
Added: Jan 27
Changed: Aug 8
Last Checked: Aug 3 at 4:09AM
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 Marcus & Millichap - Oklahoma City
Investment Insights
Based on property information with market context.
This commercial real estate property, suitable for automotive, retail, and industrial uses, is available for sale. The property has a size of 47000 square feet. Please visit the property website to download the full marketing package.
Key Highlights
- Access to Full Marketing Package via Provided Website
- Year Built: 1980
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
$270,912
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
6.18%
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%
$5,418,240
$5.4M
Cap Rate 7%
$3,870,171
$3.9M
Cap Rate 9%
$3,010,133
$3.0M
Market Conditions
NOI Build-Up for 47,000 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
$411.7K $8.76/SF
− Vacancy
−$24.7K −$0.53/SF
EGI
$387.0K $8.23/SF
− OpEx
−$116.1K −$2.47/SF
NOI
$270.9K $5.76/SF
Area
Broken Arrow, OK
Vacancy
6.00%
Lease Rate
$8.76 /SF/Yr
Expense Ratio
30.00%
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%
$5,418,240
Cap Rate 7%
$3,870,171
Cap Rate 9%
$3,010,133
Alternative Uses
Best Use
Retail
$6.86M
$6.01M – $8.01M
NOI $480,452 @ 7.0% cap · market cap 10.96%
Second Best
Industrial
$3.87M
$3.39M – $4.52M
NOI $270,912 @ 7.0% cap · market cap 6.18%
Theoretical Best
Office A
$10.99M
$9.62M – $12.83M
NOI $769,567 @ 7.0% cap · market cap 17.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
142
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 74014, OK
41,284
Population
15,500
Households
2.7
Avg Household Size
38
Median Age
33%
College-Educated
94%
High-School Grad
105.0 sq mi
ZIP Area
393
Density / Sq Mi
$94,102
Median Household Income
$47,193
Median Earnings
$1,433
Median Rent
$240,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Automotive property - Automotive and industrial property available for sale in Broken Arrow.
Where is this automotive property located?
The property is located at 9800 S 219th East Ave Broken Arrow, OK.
What is the asking price?
The asking price for this property is $4,381,711.
What are key features of this property?
This property features: Access to Full Marketing Package via Provided Website; Year Built: 1980
