Technical
Financial
Distress signals
Property profile

717 4Th St Oklahoma City, OK 73109

OFF-MARKET
Warehouses
Property ID
US69-0299139
18,500 SF 0.72 ac lot Built 1980
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Property summary

AI-generated overview

This Oklahoma City warehouse, located at 711-725 SW 4th St, offers 18,500 square feet of space in a Class C building constructed in 1980. The property sits on a 0.72-acre lot and includes 50 parking spaces. Currently, 7,800 square feet (56.76%) is leased to a single tenant under a NNN lease commencing January 1, 2022, with two years remaining and a renewal option. A 90-day termination clause provides flexibility. The building features 14-foot ceilings, a two-story concrete and masonry structure with a concrete second-floor deck, and four 8ft x 10ft drive-ins. The property consists of three interconnected structures and includes adjacent lots (excluding two corner lots), offering expansion potential. The Net Operating Income (NOI) is $63,193. The permitted zoning is I-2, allowing for versatile use, potentially including loft/creative space, office, or residential. The property's prime location, three blocks west of Scissortail Park and near the OKC Convention Center and Farmers Market District, offers significant growth potential. The owner can occupy approximately 8,000 square feet. This presents an excellent opportunity for owner-users or investors seeking a strong return on investment in a rapidly developing area.

Property profile

Verified
Property type Warehouses
Year built 1980
Total area 18,500 SF
Lot 0.72 ac (31,363 SF)
UPID US69-0299139

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Parts Store Big Box & Wholesale Store
  • Auto Repair Shop

Location

717 4Th St Oklahoma City, OK 73109
Oklahoma City metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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