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Property profile & analytics
FOR SALE
Warehouses
11 NE 11Th St, Oklahoma City, OK 73104
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US69-0360283
For Sale
1 / 118
$10,500,000
11 NE 11Th St, Oklahoma City, OK 73104
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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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
1577 Productions Film Production Television Studio
-
DesignTunnel, LLC Marketing & Advertising Advertising Agency
-
Crypto Currency Software INC (Bike/Boat/Book/etc) Store Corporate Office
-
TeamLogic IT Tech Support Center IT Consulting Firm
-
Neighbors Offices Real Estate Agency
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
Neighbors Holdings LLC · 5 yrs held
Neighbors Holdings LLC
since 2020
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Oklahoma City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oklahoma City submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.15M
Range $1.94M – $2.37M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$22 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$22,718
Tax year 2023
Assessed value
$184,966
Assessed 2023
Previous assessed
$176,158
+5.0% YoY
Effective rate
12.28%
On assessed value
Assessed land
$16,336
Assessed improvement
$168,630
Land market value
$375,050
Improvement market value
$3,871,615
Total market value
$4,246,665
Applied tax rate
200.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Sale
Year built
1949
Construction
BRICK
Heating
SPACE
Stories
2
Units
1
Total area
97,124 SF
Lot
3.99 ac (173,761 SF)
APN
03-379-9030
UPID
US69-0360283
Jurisdiction
OKLAHOMA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1949
Construction
BRICK
Heating
SPACE
Stories
2
Units
1
Lot
3.99 ac
Current owner
From public records · entity-resolved
Neighbors Holdings LLC
Entity
Mailing address
11 NE 11TH ST, OKLAHOMA CITY, OK 73104-1417
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 21, 2020
—
Neighbors Holdings LLC
—
Deed
related
—
Jun 14, 2018
—
Neighbors Holdings LLC
—
Deed
related
$900,000 · Core Bk
Aug 17, 2010
—
Neighbors Holdings LLC
—
Trustees Deed
related
$300,000 · Bank Of Oklahoma
—
—
Neighbors Holdings LLC
—
Deed Of Trust
related
$1,000,000 · Bank Of Oklahoma
—
—
Neighbors Holdings LLC
—
Deed Of Trust
related
$250,000 · Bank Of Oklahoma
—
—
Nieghbors Holdings LLC
—
Deed Of Trust
related
$1,150,000 · Bank Of Oklahoma
—
—
Neighbors Holdings LLC
—
Deed Of Trust
related
$900,000 · Core Bk
—
—
Neighbors Holdings LLC
—
Loan Modification
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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