915 Hubbard Rd Ponca City, OK 74601
This exceptional self-storage facility, located at 915 E Hubbard Rd in Ponca City, Oklahoma, presents a compelling investment opportunity. The property boasts 25,200 square feet across two single-story buildings, constructed between 2021 and 2022, and situated on a 3.88-acre lot. Currently operating at 88% occupancy, the facility comprises 40 units, with 20 units measuring 14x40 feet and renting for $200 per month, and another 20 units at 14x50 feet renting for $250 per month. The property features 16-foot ceilings and gravel parking. The asking price is $999,900, representing a price per square foot of $39.68 and a price per unit of $24,997.50. The property's pro-forma NOI is $78,923, yielding a 7.89% cap rate. Conveniently located near Highway 77 North, the property is outside city limits and therefore has no permitted zoning. Electricity is available on-site, and water is accessible across the street. Additional land to the north offers potential for future expansion. Detailed financials are available upon request after signing a confidentiality agreement. This is a Class A, stabilized investment held by an LLC.
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
Similar Nearby for Lease
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.