Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    7740 79Th Pl Oklahoma City, OK 73132

    Property Lookup

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

    7740 79Th Pl Oklahoma City, OK 73132

    View on Map
    • Industrial properties
    • 12,800 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Workout Junkies Fit Club / Gym & Fitness Center
    • Snatch University / Wellness Program
    • Ballerz Academy / Gym & Fitness Center / Sports Field & Court

    Property Details for 7740 79Th Pl

    Year built
    2022
    Property size
    12,800 SF
    Property type
    Industrial properties
    Property subtype
    Flex space

    Description

    This exceptional 12,800-square-foot flex space in Oklahoma City's Silver Cross Industrial Park presents a compelling value-add opportunity. Built in 2022, the property boasts a 6.00% cap rate and a substantial $120,000 net operating income (NOI) with 100% occupancy. The building features six dock-high doors, a 27-foot ceiling height, and sits on a generous 40,945-square-foot lot. Currently leased with short-term, below-market rents, this presents significant potential for increased revenue. The prime location within the bustling Silver Cross Industrial Park, near Northwest Expressway and Rockwell Avenue (65,000 vehicles per day), offers exceptional visibility and accessibility. Major retailers such as Walmart, Sam's Club, Target, and others are within a one-mile radius, ensuring high traffic and strong tenant demand. The asking price is $2,000,000, translating to $156.25 per square foot. This property is a rare find, combining a strong current income stream with substantial upside potential for the savvy investor. The building's pristine condition and strategic location make it an ideal investment for those seeking immediate returns and long-term growth in a thriving Oklahoma City market. The property is a single building, and the lease type is NNN.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Oklahoma City
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.6517
    Latitude
    35.552

    Comparable in this City

    • Value Estimation by Request
      2,160 SF

      8021 Wilshire Ct

      LIGHT INDUSTRIAL • 2,160 SF
      8021 Wilshire Ct, Oklahoma City, OK 73132-5424
      View Details
    • Value Estimation by Request
      6,896 SF

      7913 Northside Dr

      LIGHT INDUSTRIAL • 6,896 SF
      7913 Northside Dr, Oklahoma City, OK 73132-1301
      View Details
    • Value Estimation by Request
      6,896 SF

      7925 Northside Dr

      LIGHT INDUSTRIAL • 6,896 SF
      7925 Northside Dr, Oklahoma City, OK 73132-1301
      View Details
    • Value Estimation by Request
      5,625 SF

      8213 Glade Ave

      LIGHT INDUSTRIAL • 5,625 SF
      8213 Glade Ave, Oklahoma City, OK 73132-4272
      View Details
    • Value Estimation by Request
      6,000 SF

      8106 Glade Ave

      LIGHT INDUSTRIAL • 6,000 SF
      8106 Glade Ave, Oklahoma City, OK 73132-4207
      View Details
    • Value Estimation by Request
      5,000 SF

      5201 Council Rd

      LIGHT INDUSTRIAL • 5,000 SF
      5201 Council Rd, Oklahoma City, OK 73132-9735
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      11,700 SF

      Modern Flex Space Available

      Modern, flexible commercial property in a prime location.
      8101 Silver Xing, Oklahoma City, OK 73132
      View Details
    • $695,000

      New Commercial Building For Sale

      4,620 SF new construction warehouse/shop, completion February 2026.
      7720 NW 81St Cir, Oklahoma City, OK 73132
      View Details
    • $346,500

      New Construction Warehouse/Shop For Sale

      2,100 SF warehouse/shop for sale, completion February 2026.
      7716 NW 81St Cir, Oklahoma City, OK 73132
      View Details
    • Contact for pricing
      6,492 SF

      5749 NW 72nd St, Warr Acres, OK 73132

      Mixed-use properties • 6,492 SF
      5749 NW 72Nd St, Warr Acres, OK 73132
      View Details
    • Contact for pricing
      62,307 SF

      Warehouse with Large Parking Lot

      Two warehouses on a large lot with ample parking.
      6901 NW 63Rd St, Oklahoma City, OK 73132
      View Details
    • $525,000
      6,492 SF

      Warr Acres Office Building

      Office building in Warr Acres, Oklahoma, with ample parking.
      5749 NW 72Nd St, Warr Acres, OK 73132
      View Details

    Similar Nearby for Lease

    • $10 SF/Yr
      6,000 SF

      6,000 SF on 0.67 Acres Industrial Flex Space For Lease - 8200 Glade Avenue

      6,000 SF on 0.67 Acres Industrial Flex Space For Lease - 8200 Glade Avenue
      8200 Glade Avenue, Oklahoma City, OK 73132
      View Details
    • Contact for pricing
      4,500 SF

      Industrial Property with Office Space

      4,500 SF industrial property with office and warehouse space.
      7408 NW 85Th St, Oklahoma City, OK 73132
      View Details
    • Contact for pricing

      Oklahoma City Flex Space Available

      Flex space available in a thriving Oklahoma City location.
      8101 Silver Xing, Oklahoma City, OK 73132
      View Details
    • $8 SF/Yr

      Stand-Alone Warehouse Space Available

      3,000 SF warehouse space available 5/15/2024.
      8060 North Glade Ave, Oklahoma City, OK 73132
      View Details
    • Contact for pricing
      3,000 SF

      Stand-Alone Warehouse Space Available

      6,000 SF stand-alone metal building with 3,000 SF available.
      8060 N Glade Ave, Oklahoma City, OK 73132
      View Details
    • Contact for pricing
      4,000 SF

      Office/Warehouse Near NW Expressway

      Stand-alone office/warehouse with easy access to major thoroughfares.
      7424 NW 84Th St, Oklahoma City, OK 73132
      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.
    7740 79Th Pl
    Oklahoma City, OK 73132
    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!