Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    509 Ponca St Lindsay, OK 73052

    Property Lookup

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

    509 Ponca St Lindsay, OK 73052

    View on Map
    • Warehouses
    • 16,780 SF
    • 6.60 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Hamm & Phillips Services Company / Oilfield / Trucking Company
    • Hamm & Phillips Services Co / Construction Company / General Contractor

    Property Details for 509 Ponca St

    Year built
    1978
    Lot size
    6.60 lot acres
    Property size
    16,780 SF
    Property type
    Warehouses
    Property subtype
    Industrial properties

    Description

    This exceptional industrial property in Lindsay, Oklahoma, offers 16,780 square feet of versatile space across five buildings on a 6.6-acre lot. Building 1, a 9,934 square foot metal structure, features offices, a warehouse, six 16-foot overhead doors, and 23.5-foot ceilings. Buildings 2 through 5 provide additional office and storage space, totaling 4,230 square feet. The property, located on SH 76 between I-35 and I-44, includes a gravel-paved lot, fencing, gates, and sidewalks. Built in 1978 and renovated in 2008, this single-story building is zoned I-2. The asking price is $1,675,000. The property boasts a strong net operating income (NOI) of $106,800 and a competitive cap rate of 6.38%. This presents a lucrative investment opportunity for both investors and owner-occupants seeking a prime industrial space in a strategic location. The property's address is 509 E Ponca St, Lindsay, OK 73052, and the zip code is 73052.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lindsay
    County
    Garvin
    State
    Oklahoma
    Longitude
    -97.5963
    Latitude
    34.827

    Comparable in this City

    • Value Estimation by Request
      16,780 SF

      509 Ponca St

      Distribution properties • 16,780 SF
      509 Ponca St, Lindsay, OK 73052
      View Details
    • Value Estimation by Request
      3,250 SF

      Oklahoma 76

      Distribution properties • 3,250 SF
      0 Oklahoma 76, Lindsay, OK 73052
      View Details
    • Value Estimation by Request
      1,800 SF

      115 Main St

      DISTRIBUTION WAREHOUSE • 1,800 SF
      115 Main St, Lindsay, OK 73052-5631
      View Details
    • Value Estimation by Request
      3,450 SF

      113 Main St

      DISTRIBUTION WAREHOUSE • 3,450 SF
      113 Main St, Lindsay, OK 73052
      View Details
    • Value Estimation by Request
      2,400 SF

      Lindsay, OK 73052

      DISTRIBUTION WAREHOUSE • 2,400 SF
      Lindsay, OK 73052
      View Details
    • Value Estimation by Request
      2,000 SF

      Lindsay, OK 73052

      DISTRIBUTION WAREHOUSE • 2,000 SF
      Lindsay, OK 73052
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      17,282 SF

      Industrial Property with Multiple Buildings

      Industrial property featuring multiple buildings suitable for warehouse and office use.
      615 E Ponca St, Lindsay, OK 73052
      View Details
    • Contact for pricing
      6,516 SF

      Commercial Property Ready For Business

      Commercial property featuring shop, tool shed, and fenced perimeter.
      10520 Hwy 59b N, Lindsay, OK 73052
      View Details
    • Contact for pricing
      3,400 SF

      Two-Story Building on Main Street

      Two-story brick building with storefront and office space.
      125 S Main St, Lindsay, OK 73052
      View Details
    • $77,000
      5.04 Acres

      5-Acre Land Parcel with Pond

      5-acre land with pond, ready for new home construction.
      11301 180Th St, Lindsay, OK 73052
      View Details
    • $140,000
      1,152 SF

      Commercial Building in High Traffic

      Commercial office or retail space with highway frontage.
      610 SE 4Th St, Lindsay, OK 73052
      View Details
    • $130,000
      1,152 SF

      Commercial Building on Corner Lot

      Commercial office or retail space with highway frontage in Lindsay.
      610 SE 4Th St, Lindsay, OK 73052
      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.
    509 Ponca St
    Lindsay, OK 73052
    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!