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Property profile & analytics
OFF-MARKET
Warehouses

2318 44Th St Newcastle, OK 73065

8,907 SF 5 ac lot Built 1980
Property ID
Property summary
AI-generated overview

This exceptional 8,907-square-foot industrial property in Newcastle, Oklahoma, presents a compelling investment or occupancy opportunity. Situated on a five-acre lot at the intersection of Highway 9 and May Avenue, this single-story building offers unparalleled visibility and convenient access to major transportation routes, connecting Norman, Oklahoma City, and Newcastle. The property features a well-maintained metal and concrete tilt-up structure, built in 1980, and zoned I-R. The functional layout includes 5,000 square feet of warehouse space and 3,907 square feet of office space. Warehouse access is facilitated by three 14-foot overhead doors. The office area boasts nine private offices, a conference room, and a kitchenette, providing a comfortable and efficient workspace. Ample parking is available. High traffic counts on Highway 9 (17,200 vehicles daily) further enhance the property's strategic location and distribution potential. The property is currently vacant and offered for sale at $890,000 with a triple net (NNN) lease type. This turnkey solution is ideal for businesses seeking immediate occupancy or long-term investment potential in a thriving Oklahoma market. The property's location near major highways, retail centers, and industrial hubs provides significant advantages for logistical operations and business growth.

Property profile
Verified
Property type Warehouses
Year built 1980
Total area 8,907 SF
Lot 5 ac (217,800 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Walker Family Care, an affiliate of The Expressway Clinic in Oklahoma City Medical Clinic
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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