227 S Philadelphia Ave Shawnee, OK 74801
For Sale
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This exceptional 13,387 square foot flex/warehouse property at 227 S. Philadelphia Ave, Shawnee, OK 74801, presents a compelling owner-user or investment opportunity. Boasting a desirable triple-net lease structure with a tenant in place until September 29, 2026, this property offers a strong pro-forma cap rate of 11.65% and a pro-forma NOI of $75,720. The asking price is $650,000, translating to $48.55 per square foot. Built in 1940, the building sits on a 0.72-acre lot (APN 630023764) and is zoned for industrial use. Key features include a new roof, a large fenced yard, and 1200 amp three-phase power. The property is currently 100% occupied, providing immediate cash flow and a secure investment. This is a single-tenant property with a lease commencement date of June 30, 2023. The property is classified as industrial and self-storage, offering versatility and potential for various uses. This is a rare opportunity to acquire a well-located, high-performing industrial property in Shawnee, Oklahoma.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.