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Property profile & analytics
OFF-MARKET Estimated value $535,000
Warehouses

11 8th St Oklahoma City, OK 73102-5802

7,000 SF 0.16 ac lot Built 1955
Entity Owned 9-yr Hold Absentee Owner Free & Clear
Property ID
US69-0774146
Property summary
AI-generated overview

This exceptional 22,925-square-foot building presents a unique opportunity in Oklahoma City's vibrant Automobile Alley District. Situated at 11 NW 8th Street, this three-story property seamlessly blends historic charm with modern functionality. The building's versatile design encompasses both executive office and warehouse space, making it ideal for a variety of uses. Currently vacant, the entire 22,925 square feet is available for a single tenant. The property boasts two loading docks and one drive-in door, ensuring efficient logistics. Its 0.64-acre lot provides ample space for parking and potential expansion. Constructed in 1945, the building is zoned DBD (Downtown Business District), reflecting its prime location within Oklahoma City's thriving urban core. Its proximity to major thoroughfares like I-235 and I-40 provides excellent accessibility. This is a rare chance to acquire a substantial, well-located property in a rapidly developing area of Oklahoma County, Oklahoma, with the zip code 73102. The building's history and location combine to offer a compelling investment opportunity for a discerning buyer seeking a unique and strategically positioned asset.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1955
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 7,000 SF
Lot 0.16 ac (7,013 SF)
APN 01-096-4050
UPID US69-0774146
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
  • Traxler Art Studio Art Gallery
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$697k
Blend (final) Blend
$535k
Owner & transaction history
Kmfreeman LLC · 9 yrs held
Kmfreeman LLC
since 2017
4 recorded transactions
2017
Price N/A
2015
Price N/A
2011
$562,500
2010
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $865,000 +79.0%
Neighborhood: shopping center $795,000 +64.4%
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