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Property profile & analytics
FOR SALE
Warehouses

227 S Philadelphia Ave Shawnee, OK 74801

2,700 SF 0.72 ac lot Built 1940
Individually Owned 6-yr Hold ~ Est. High Equity
Property ID
US69-1081631
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1940
Total area 2,700 SF
Lot 0.72 ac (31,500 SF)
APN 2430-00-004-018-0-000-00
UPID US69-1081631
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Phil K Nhin · 6 yrs held
Phil K Nhin
since 2020
Last sale
$325,000
2 recorded transactions
2020
$325,000
2008
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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