Property profile

11 NE 11Th St Oklahoma City, OK 73104

FOR SALE
Warehouses
Property ID
US69-0360283
97,124 SF 3.99 ac lot Built 1949
Entity Owned 6-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 97,124-square-foot, two-story flex space property, located at 11 NE 11th St in Oklahoma City's Auto Alley submarket (Innovation District), presents a unique investment opportunity. Built in 1949 and renovated in 2018, the Class B building boasts 15-foot ceilings and offers a versatile layout suitable for various uses. Currently configured as a mix of executive suites, flex space, and storage units (approximately 162 self-storage units and 31 executive offices), it provides immediate income potential. The property features two loading docks, four dock-high doors, and two drive-ins, along with two freight elevators serving the building's two stories. Ample parking is available with 112 spaces in a newly paved lot. The 2.87-acre lot provides significant expansion or redevelopment potential. The minimum divisible space is 500 square feet, with a maximum contiguous space of 27,000 square feet currently available for lease. The property is zoned DTD-1 in Oklahoma County and enjoys excellent visibility facing I-235, offering stunning Oklahoma City skyline views. This multi-tenant building provides a blend of modern amenities and historic charm, making it an ideal investment for discerning buyers.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1949
Construction BRICK
Total area 97,124 SF
Lot 3.99 ac (173,761 SF)
APN 03-379-9030
UPID US69-0360283

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Film Production Television Studio
  • Marketing & Advertising Advertising Agency
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Tech Support Center IT Consulting Firm
  • Real Estate Agency

Location

11 NE 11Th St Oklahoma City, OK 73104
Oklahoma City metro Census 109600 OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.59M
Blend (final) Blend
$2.15M

Owner & transaction history

since 2020
7 recorded transactions
2020
Price N/A
2018
Price N/A
2010
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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