Oklahoma Commercial Real Estate
Oklahoma City Land For Sale
4641 N.W. 63rd Street, Oklahoma City, OK 73112
2.75 acres more or less located just west of N. Meridian Avenue on N.W. 63rd Street. This property is located within the Oklahoma City limits. Property dimensions are 181′ x 660′ with 181 front feet on N.W. 63rd Street. Utilities, water and sewer are onsite. Property is currently zoned R-1, single family residential and interested Buyers may approach the City of Oklahoma City Planning Department with specific inquiries regarding the rezoning of the property to commercial zoning according to Buyer’s intended use and purpose. This is a great development property with many potential uses that may include multifamily residential, senior living, office, medical office, self-storage and more.
Property is zoned I-2, moderate industrial & is conveniently located between downtown OKC & Edmond.Easy access to Broadway Extension, I-44 and Lincoln Boulevard. Large concrete paved parking lot (70 spaces) could be utilized for employee parking, fleet vehicle parking or may consider fence for storage yard.
January 7, 2014 ~ Chamberlin Oklahoma, LLC., leased a 7,200 sf warehouse property located at 912 Messenger Lane in Moore, Oklahoma from Cook 01 Development, LLC. The 7,200 sf property was built in 2007, and includes office space with class “A’ finishes and 2,900 sf of warehouse space. The warehouse property leased in Moore Oklahoma will be occupied by Chamberlin Roofing and Waterproofing. This property is located east of I-35 and south of N.E. 12th Street on Messenger Lane. Frank Miskovsky IV with InterWest Realty represented the Owner.
On May 20, 2013, an EF5 tornado damaged approximately 15,000 to 20,000 structures in Moore, Oklahoma and another 4500-5000 structures were completely destroyed for an estimated $2-$3.5 billion in insured losses according to Risk Management Solutions. The estimate includes damages to personal, commercial and industrial buildings and accounts for predicted losses from property, contents and business interruption. The supply of industrial space in Moore, Oklahoma is limited as landlords absorb vacant, warehouse space and relocate tenants in efforts to salvage existing leases while repairs are made to tornado damaged properties. Additional vacant warehouse space is being absorbed by industrial property users such as commercial and residential building contractors moving to locate in close proximity to their customers and clients in the areas most affected by the EF5 tornado.
The events of May 20, 2013 were devastating and tragic and resulted in loss of life and property. Tornadoes are part of living in Oklahoma. The adoption of improved construction methods; designed to withstand high winds should be the obvious takeaway as businesses and homeowners start to rebuild. A recent cost study revealed that using an average of 50 cents per square foot or $1,000 in metal connectors installed from a home’s roof to its foundation could upgrade a home’s ability to withstand wind uplift from an EF0 to an EF2 tornado- Source: Federal Alliance for Safe Homes. The National Climatic Data Center estimates that 77 percent of U.S. tornadoes range from EF0 to EF1, and 95 percent have wind speeds less than EF3 intensity. As businesses and homes are rebuilt, building contractors and developers should consider the inclusion of a storm shelter or safe room within every newly constructed school, business or residence. Implementation of safer building practices and construction methods are available and should be a strong consideration when rebuilding in tornado alley.
8001 N. Rockwell Ave., Oklahoma City, Oklahoma 73112
Oklahoma City Commercial Land Sale.
December 27, 2013 ~ Jackie Cooper Tire Distributors, LLC. purchased a 20,000 sf lot located at 8001 N. Rockwell Avenue in Oklahoma City for $119,900 from Northside Business Park, LLC. The property is zoned I-1, Light Industrial and includes frontage on N. Rockwell Avenue between Northwest Expressway and W. Wilshire Boulevard. The land was purchased as an investment. Frank Miskovsky IV with InterWest Realty represented the Buyer.
Great location just east of the apex of I-35 and I-240 and south of Crossroads Mall. Property is located on the north side of the I-240 Service Road between Pole Road and Eastern Exits. The I-240 Service Road is two-way directional traffic in front of the property. Highly visibile location with tall pole signage that includes a digital scrolling LED display. Ideal location for an oil company and other service related businesses with close proximity and convenient access to anywhere in the Oklahoma City Metro Area. Clear ceiling height is 16′ at eve sloping to 19′. Warehouse includes (3) grade level doors with convenient drive-thru access. Dock high loading also availble via a truck-well. Additional (1/2) half acre to the north of the property could be included for credit tenant for use as yard space if required. Click here for propety flyer
- 9120 SF Total Available
- 3500 SF Office
- 5620 SF Warehouse
- I-2 Zoning
- Three (3) Grade Level Doors
- Dock high loading with One (1) Truck Well
- 3-phase power
- Large pylon sign with scrolling digital display
- Located just east of the apex of I-35 and I-240
- 45 Paved Parking Spaces
- 200 Front Feet on I-240 Service Road
- Additional yard space also available if required.
Located on the north side of I-240 between Pole Road & Eastern exits. The I-240 Service Road is two-way, directional traffic in front of the property. Click here for property marketing flyer
2. Real Estate Back of the Envelope. While it’s not Argus Valuation DCF, this app is by far the best mobile commercial real estate valuation application I’ve ever used. It is the only app I know of which is robust enough to satisfy the needs of experienced CRE financial analysts who build discounted cash flow models to derive IRR calcs on a regular basis.
Oklahoma City Economy – Video