For Sale
$10,500,000

I-35 St To High Ave Oklahoma City, OK 73129

21 Buildings, 167,225 SF, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional Oklahoma City industrial portfolio presents a compelling investment opportunity. Comprising 21 income-producing buildings totaling 167,225 square feet, this multi-tenant property boasts an 81% occupancy rate and offers significant development potential on approximately 18 to 42.75 acres. Strategically located at the intersection of I-35 and 29th Street extending to High Avenue, the property benefits from approximately 860 feet of I-35 frontage, ensuring high visibility and accessibility. The portfolio includes a mix of building ages, ranging from 1953 to 2019, reflecting diverse building styles and functionalities. The property features 8 loading docks and is zoned I-2. The net rentable area is 32,667 square feet, with an asking price of $10,500,000 ($62.79 per square foot). Its location within a Federal Opportunity Zone provides attractive tax advantages. The property's proximity to Tinker Air Force Base (7.6 miles), a rail system (approximately 4,200 feet), and ongoing nearby development projects, including a new elementary school, Okana Resort and Indoor Waterpark, and an OnCue service station, further enhances its value and future prospects. Annual property taxes are $26,574.98. This portfolio offers a blend of immediate income generation and long-term growth potential, making it an attractive investment for discerning buyers.

Highlights

  • Confidential Offering Memorandum available upon execution of NDA.
  • Portfolio of 21 income-producing industrial buildings totaling 167,225 square feet, plus 18 acres of developable land.
  • Prime location at I-40 and I-35 interchange, with 860 feet of I-35 frontage.
  • Situated in a Federal Opportunity Zone.
  • Annual property taxes: $26,574.98.
  • Rail access within 4,200 feet.

Property Details for I-35 St To High Ave

Property type
Warehouses, Retail properties
Square Feet
167,225 SF
Year Built
1953
Buildings
21
Stories
1
Lot Size (sq. ft)
784,080 SF
Units
21

Location Insight

City
Oklahoma City
County
Oklahoma
State
Oklahoma
Latitude
35.43535457
Longitude
-97.49473299
I-35 St To High Ave, Oklahoma City, Oklahoma

FAQs

What type of property is this?
Warehouse - 21 Buildings, 167,225 SF, High ROI
Where is the warehouse located?
The property is located at I-35 St To High Ave Oklahoma City, OK.
What is the asking price?
The asking price for this property is $10,500,000.
What are key features of this property?
This property features: Confidential Offering Memorandum available upon execution of NDA.; Portfolio of 21 income-producing industrial buildings totaling 167,225 square feet, plus 18 acres of developable land.; Prime location at I-40 and I-35 interchange, with 860 feet of I-35 frontage.
How can I contact the broker?
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I-35 St To High Ave
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