9641 Council RdOklahoma City, OK 73162

Property Details for 9641 Council Rd

Lot size

0.23 AC

Property size (Sq ft)

3,000 SF

Property type

Industrial properties

Property subtype

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.

• Alternative Use

  Use

  Valuation

  Residential

  $507,319

  Hospitality

  $464,702

  Educational

  $386,626

  Medical

  $399,923

  Retail

  $601,419

Location Insight

City

Oklahoma City

County

Oklahoma

State

Oklahoma

Latitude

35.5684

Longitude

-97.6576

CBSA code

36420

CBSA name

OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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