9641 Council Rd Oklahoma City, OK 73162-6270
- Flex space
- 3,000 SF
- 0.23 lot acres
Current Use by Public Records
- Flex space
Property Details for 9641 Council Rd
- Lot size
- 0.23 lot acres
- Property size
- 3,000 SF
- Property type
- Flex space
- APN
- 21-821-1060
- APU
- 218211060
Description
This exceptional investment opportunity presents a 3,000-square-foot flex/warehouse property in Oklahoma City's thriving Council Road business park. Priced at $510,000, this stabilized asset boasts a strong 7.50% cap rate and a healthy net operating income (NOI) of $38,243. The property is comprised of two 1,500-square-foot suites, each featuring a 12' x 14' overhead door, a walk-through door, and a bathroom. Built in 2022, the building offers 14' to 16' sidewalls and overall dimensions of 50' x 60'. Currently 100% occupied by two tenants, this multi-tenant property offers a secure and consistent income stream. The flexible zoning allows for a variety of uses, including office, retail, commercial, and light industrial. Its prime location between NW Expressway and Wilshire Blvd provides easy access to major thoroughfares, including the Kilpatrick Turnpike, and a wealth of amenities such as Walmart, Sam's Club, Office Depot, Home Depot, and Integris Community Hospital. Surrounded by established businesses, residential areas, and Wiley Post Airport, this property represents a compelling investment in a rapidly growing area. The property's strong tenant base, high occupancy rate, and excellent location make it an ideal addition to any investment portfolio.
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
- -97.6576
- Latitude
- 35.5684
- CBSA code
- 36420
- CBSA name
- OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA
