Back to Search
Property profile & analytics
FOR LEASE
Warehouses
3220 South Thomas Rd Oklahoma City, OK 73179
Entity Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US69-0477848
For Lease
1 / 8
$8.50 SF/Yr
3220 South Thomas Rd, Oklahoma City, OK 73179
View Listing →
Property summary
AI-generated overview
This exceptional 10,539-square-foot warehouse, located at 3220 S Thomas Rd in Oklahoma City, Oklahoma, presents a significant opportunity. Built in 2009, this Class B industrial property sits on a 1.74-acre lot (75,794 square feet) and boasts a 20-foot ceiling height, perfect for accommodating various storage and operational needs. The building features one loading dock and one drive-in door, ensuring efficient loading and unloading. Ample parking is provided with 12 total spaces. Currently, 10,500 square feet is available for lease. The property is zoned I-3 and is situated in the Southwest submarket of Oklahoma County, conveniently located just north of Will Rogers World Airport. The building's floor area ratio (FAR) is 0.14. This single-tenant warehouse offers a unique opportunity for businesses seeking a functional and well-located space. The lease is available until November 30, 2025.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2009
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
10,616 SF
Lot
0.46 ac (19,994 SF)
APN
12-075-1530
UPID
US69-0477848
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
-
All-Tex Waterproofing and Safety Supply Big Box & Wholesale Store Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$902k
Blend (final)
Blend
$670k
Owner & transaction history
Admiral Square INC · 8 yrs held
Admiral Square INC
since 2018
6 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
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$730,000
Current use
Blend value · Realmo final
$670k
Range $603k – $737k · ±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
$63 / 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
$9,265
Tax year 2023
Assessed value
$79,655
Assessed 2023
Previous assessed
$75,861
+5.0% YoY
Effective rate
11.63%
On assessed value
Assessed land
$5,331
Assessed improvement
$74,324
Land market value
$57,000
Improvement market value
$794,727
Total market value
$851,727
Applied tax rate
341.0000
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 Lease
Year built
2009
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Units
1
Total area
10,616 SF
Lot
0.46 ac (19,994 SF)
APN
12-075-1530
UPID
US69-0477848
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
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$730,000
WAREHOUSE, STORAGE Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2009
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Units
1
Lot
0.46 ac
Current owner
From public records · entity-resolved
Admiral Square INC
Entity
Free & Clear · 8 yrs held
Mailing address
4105 S ROCKFORD AVE, TULSA, OK 74105-4205
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 8, 2018
$513,000
Admiral Square INC
485 Fall Creek LLC
Grant Deed
—
Oct 18, 2017
$402,500
Admiral Square INC
485 Fall Creek LLC
Grant Deed
—
Sep 11, 2017
—
Lucky 4 Holdings LLC
City Land Investments LLC
Grant Deed
related
—
Jul 14, 2008
—
City Land Investments LLC
—
Deed Of Trust
related
$2,983,500 · F & M Bank & Trust Co
Apr 1, 2005
$430,000
City Land Investments LLC
Lakeside Dev INC
Warranty Deed
$360,000 · F & M Bank & Trust Co
—
—
City Land Investments LLC
—
Deed Of Trust
related
$1,174,000 · Onb Bk&tr
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
