2318 44Th St Newcastle, OK 73065
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.
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Walker Family Care, an affiliate of The Expressway Clinic in Oklahoma City Medical Clinic
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.