Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    120 Hwy 74 Hwy Guthrie, OK 73044

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    120 Hwy 74 Hwy Guthrie, OK 73044

    View on Map
    • Industrial properties
    • 32,820 SF
    • 11.32 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Industrial properties

    Property Details for 120 Hwy 74 Hwy

    Year built
    1960
    Lot size
    11.32 lot acres
    Property size
    32,820 SF
    Property type
    Industrial properties

    Description

    This exceptional industrial property, located at 120 Highway 74, Guthrie, OK, presents a rare opportunity for a variety of businesses. The expansive 11.32-acre lot houses two buildings totaling approximately 32,820 square feet of versatile space. The property boasts a range of features ideal for diverse operational needs. Included are convenient overhead doors, providing easy access for loading and unloading, along with dedicated office space for administrative functions. A fully equipped kitchen is also present, adding to the property's functionality. Multiple bathrooms are available throughout the buildings. The property's size and amenities make it suitable for a wide array of uses, including automotive repair, industrial manufacturing, warehousing, or commercial operations requiring significant space and convenient access. Its expansive acreage offers ample room for expansion, storage, or outdoor operations. This property represents a significant investment opportunity in a desirable location, offering both immediate usability and substantial long-term potential. The combination of size, features, and location makes this a truly unique offering in the Guthrie market. Don't miss this chance to secure a substantial industrial property with significant growth potential.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Guthrie
    County
    Logan
    State
    Oklahoma
    Longitude
    -97.4259
    Latitude
    35.9277

    Comparable in this City

    • Value Estimation by Request
      2,400 SF

      11280 Pne St

      MULTI-TENANT INDUSTRIAL BUILDING • 2,400 SF
      11280 Pne St, Guthrie, OK 73044-8017
      View Details
    • Value Estimation by Request

      115 Rush Rd

      Distribution properties
      115 Rush Rd, Guthrie, OK 73044
      View Details
    • Value Estimation
      $500,000
      1,800 SF

      2400 Anderson Rd

      MULTI-TENANT INDUSTRIAL BUILDING • 1,800 SF
      2400 Anderson Rd, Guthrie, OK 73044-7647
      View Details
    • Value Estimation by Request
      2,600 SF

      4822 Moose Cir

      INDUSTRIAL (GENERAL) • 2,600 SF
      4822 Moose Cir, Guthrie, OK 73044-6907
      View Details
    • Value Estimation by Request
      2,000 SF

      7120 Westminster Rd

      MULTI-TENANT INDUSTRIAL BUILDING • 2,000 SF
      7120 Westminster Rd, Guthrie, OK 73044-7397
      View Details
    • Value Estimation by Request
      5,000 SF

      1199 Eastway Dr

      INDUSTRIAL (GENERAL) • 5,000 SF
      1199 Eastway Dr, Guthrie, OK 73044-5309
      View Details

    Similar Nearby for Sale

    • $250,000
      4,425 SF

      Downtown Guthrie Warehouse For Sale

      Warehouse in Guthrie's historic district with easy highway access.
      513 South 5Th St, Guthrie, OK 73044
      View Details
    • Contact for pricing
      32,820 SF

      Multi-Use Property on 11 Acres

      Two buildings, approximately 32,000 sqft, suitable for various uses.
      120 Hwy 74 Hwy, Guthrie, OK 73044
      View Details
    • $895,000
      23,100 SF

      Guthrie Commercial Building: Investment Opportunity

      23,000 sq ft commercial building with office, warehouse, and event space.
      202 E Harrison Ave, Guthrie, OK 73044
      View Details
    • Contact for pricing
      6,171 SF

      Versatile Commercial Property Near I-35

      7,800 sq ft commercial property in Guthrie, OK, near I-35.
      2024 Ruhl Dr, Guthrie, OK 73044
      View Details
    • $349,900
      8,680 SF

      Versatile Building in Guthrie, OK

      Adaptable building suitable for distribution, warehousing, or retail.
      501-509 W Oklahoma Ave, Guthrie, OK 73044
      View Details
    • $250,000

      Guthrie Industrial/Flex Warehouse For Sale

      4,425 SF industrial/flex warehouse in the heart of Guthrie, Oklahoma.
      315 S 5Th St, Guthrie, OK 73044
      View Details

    Similar Nearby for Lease

    • $9 SF/Yr

      Industrial Shop Building For Rent

      Industrial shop building with fenced yard, multiple doors, and offices.
      2024 Ruhl Dr, Guthrie, OK 73044
      View Details
    • $12 SF/Yr

      Guthrie Mixed-Use Warehouse Space

      Conveniently located mixed-use warehouse space with office and shop areas.
      410 Sigma Pl, Guthrie, OK 73044
      View Details
    • Contact for pricing
      20,000 SF

      Guthrie Warehouse Space Available

      20,000 square feet of warehouse space for lease.
      900 N 4Th St, Guthrie, OK 73044
      View Details
    • $5,000 /Mo
      6,000 SF

      Guthrie Warehouse with Office Space

      6,000 SF warehouse with office near Highway 33.
      5286 Highway 33 NE, Guthrie, OK 73044
      View Details
    • $4 SF/Yr
      31,248 SF

      Guthrie Industrial Space For Lease

      Large industrial space; ample parking; great location.
      326 College Ave, Guthrie, OK 73044
      View Details
    • $12 SF/Yr
      3,200 SF

      Guthrie Flex Space For Rent

      Flex space featuring office, bathroom, shop area, and overhead door.
      410 Sigma Pl, Guthrie, OK 73044
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    120 Hwy 74 Hwy
    Guthrie, OK 73044
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!