4400 44Th St Oklahoma City, OK 73119
- Warehouses
- 47,318 SF
- 6.37 lot acres
Current Use by Public Records
- USCIS Oklahoma City Field Office / Government Office / Federal Government Office
Property Details for 4400 44Th St
- Year built
- 1999
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 6.37 lot acres
- Property size
- 47,318 SF
- Property type
- Warehouses
- APN
- 13-244-8027
- APU
- 132448027
Description
This exceptional mixed-use investment property, located at 4400 SW 44th St, Oklahoma City, OK 73119, presents a compelling opportunity for value-add investors. The property, identified by APN 132448027, comprises a 52,592 square foot building constructed in 1999, featuring two units on two stories and situated on a 6.37-acre lot. Currently boasting 82.29% occupancy with a Net Operating Income (NOI) of $583,561 and a 7.00% cap rate, the property is priced at $8,336,586. The building benefits from 173 parking spaces and is zoned I-2, allowing for diverse uses. Two credit-rated tenants currently occupy the space under a multi-tenant lease agreement with a remaining term of 3.7 years, expiring August 5, 2028 (lease commencement December 12, 2019). The property's strong tenant base, including a major GSA tenant, provides stability and potential for future growth. This prime location in Oklahoma City offers significant upside potential in a thriving market. The property's size, location, and existing tenant base make it an attractive investment for those seeking a stable, high-yielding asset with significant long-term potential. The building offers approximately 14,942 square feet of additional space.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Oklahoma City
- County
- Oklahoma
- State
- Oklahoma
- Longitude
- -97.5978
- Latitude
- 35.424
- CBSA code
- 36420
- CBSA name
- OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA
