10500 Reno Ave Oklahoma City, OK 73127
- Manufacturing properties
- 71,750 SF
- 8.33 lot acres
Current Use by Public Records
- Quality Petroleum / Petroleum Products Company
- OKC Performance Roofing / Roofing Contractor / Siding Contractor
Property Details for 10500 Reno Ave
- Year built
- 1964
- Lot size
- 8.33 lot acres
- Property size
- 71,750 SF
- Property type
- Manufacturing properties
- APN
- 90000927
- APU
- 90000927
Description
This exceptional 84,190-square-foot Class C industrial warehouse, situated on a 5.33-acre lot in Oklahoma City, OK, presents a compelling investment opportunity. Priced at $5,490,000 ($65.21/SF), this single-tenant, vacant property boasts a prime location with convenient access to I-40 and the Kilpatrick Turnpike. Built in 1964 and extensively renovated in 2018 and 2021, the building features a 22-foot clear height ceiling, three loading docks, and three dock-high doors. The functional layout includes 14,000 square feet of office space and 70,000 square feet of warehouse space, further enhanced by a three-ton crane. The property is zoned for industrial use and offers significant expansion potential with an additional three acres available for purchase on the east side of the building. This presents a rare chance to acquire a well-maintained, strategically located warehouse with substantial growth opportunities in a thriving market. The property is offered as a NNN lease. The address is 10500 W Reno Ave, Oklahoma City, OK 73127.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,240,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,590,000
- 6.5%
- $2,330,000
- 7%
- $2,415,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,335,000
- Geo Method
- $2,335,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,450,000
- Retail
- $2,630,000
- Mixed-Use
- $2,610,000
- Hospitality
- $2,035,000
- Educational
- $2,375,000
- Residential Income
- $2,205,000
- Energy
- $2,260,000
- Income-Based Land
- $2,450,000
- Food Service
- $1,975,000
Location Insight
- Map
- Local Demand
- City
- Oklahoma City
- County
- Canadian
- State
- Oklahoma
- Longitude
- -97.7056
- Latitude
- 35.4636
- CBSA code
- 36420
- CBSA name
- OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA
