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Property profile & analytics
FOR SALE
Manufacturing properties

10500 W Reno Ave Oklahoma City, OK 73127

71,750 SF 8.33 ac lot Built 1964
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US69-0186309
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Manufacturing properties
Use group HEAVY MANUFACTURING
Year built 1964
Total area 71,750 SF
Lot 8.33 ac (362,855 SF)
APN 90000927
UPID US69-0186309
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Quality Petroleum Factory Production Facility
  • OKC Performance Roofing Roofing Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.39M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.21M
Blend (final) Blend
$2.36M
Owner & transaction history
Reno Building LLC · 4 yrs held
Reno Building LLC
since 2021
Last sale
$2.5M
3 recorded transactions
2021
$2.5M
2009
$2.8M
2009
$2.8M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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