5801 11Th StOklahoma City, OK 73128

Property Details for 5801 11Th St

Year built

1978

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

8.34 AC

Property size (Sq ft)

6,958 SF

Property type

Auto shops

APN

14-198-6050

APU

141986050

Description

This exceptional investment opportunity presents a 16,700-square-foot flex space property located at 5801 SW 11th St, Oklahoma City, OK 73128. The property boasts a prime location with convenient access to I-40, ensuring efficient transportation and logistics. The property consists of two buildings, each two stories high, totaling 16,700 square feet. Currently, 11,000 square feet is available for lease, presenting a significant opportunity for immediate income generation or owner-occupancy. Built in 1978 and renovated in 2000, the property is classified as Class C and features a 16-foot ceiling height, ideal for various industrial and flex uses. The property includes four loading docks and four drive-in doors, facilitating efficient loading and unloading operations. The property sits on a generous 8.34 acres of land, with a building floor area ratio (FAR) of 0.05. This substantial land area offers potential for future expansion or development. The single-tenant occupancy provides a stable income stream and simplifies management. This property is an ideal investment for those seeking a well-located, versatile industrial space with significant upside potential in the thriving Oklahoma City market. The property's size, features, and location make it a compelling opportunity for both investors and owner-occupiers.

• CAP approach

  CAP return

  Valuation

  6%

  $1,309,430

  6.5%

  $1,208,705

  7%

  $1,122,369

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,109,710

  Geo Method

  $2,109,710

• Alternative Use

  Use

  Valuation

  Residential

  $1,019,588

  Hospitality

  $933,937

  Educational

  $777,024

  Medical

  $803,748

  Retail

  $1,208,705

Location Insight

City

Oklahoma City

County

Oklahoma

State

Oklahoma

Latitude

35.4548

Longitude

-97.6158

CBSA code

36420

CBSA name

OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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