11 11Th StOklahoma City, OK 73104

  • Warehouses
  • 97,124 SF

Property Details for 11 11Th St

Year built
1949
Construction
BRICK
Lot size
3.99 AC
Property size (Sq ft)
97,124 SF
Property type
Warehouses
APN
03-379-9030
APU
33799030

Description

This exceptional 97,124-square-foot, two-story flex space property, located at 11 NE 11th St in Oklahoma City's Auto Alley submarket (Innovation District), presents a unique investment opportunity. Built in 1949 and renovated in 2018, the Class B building boasts 15-foot ceilings and offers a versatile layout suitable for various uses. Currently configured as a mix of executive suites, flex space, and storage units (approximately 162 self-storage units and 31 executive offices), it provides immediate income potential. The property features two loading docks, four dock-high doors, and two drive-ins, along with two freight elevators serving the building's two stories. Ample parking is available with 112 spaces in a newly paved lot. The 2.87-acre lot provides significant expansion or redevelopment potential. The minimum divisible space is 500 square feet, with a maximum contiguous space of 27,000 square feet currently available for lease. The property is zoned DTD-1 in Oklahoma County and enjoys excellent visibility facing I-235, offering stunning Oklahoma City skyline views. This multi-tenant building provides a blend of modern amenities and historic charm, making it an ideal investment for discerning buyers.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $19,202,410
    Hospitality
    $17,589,304
    Educational
    $14,634,094
    Medical
    $15,137,383
    Retail
    $22,764,146

Location Insight

City
Oklahoma City
County
Oklahoma
State
Oklahoma
Latitude
35.4805
Longitude
-97.5112
CBSA code
36420
CBSA name
OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$22,718
$16,336
$168,630
$184,966
-
$375,050
$3,871,615
$4,246,665

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