9641 Council Rd Oklahoma City, OK 73162-6270
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.
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
No recorded transactions found for this property.
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.