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424 W 10th St

14,729 SF Industrial Building Shawnee, OK 74801 $879,500 ($60/SF) 10.23% Cap Rate

Warehouses Oklahoma Shawnee 424 W 10th St, Shawnee, OK 74801

INVESTMENT HIGHLIGHTS

  • Corner Lot
  • Concrete Block Construction
  • Close to Highway 177

EXECUTIVE SUMMARY

Well Maintained, Solid Building on a corner lot
Corner of Kickapoo & W. 10th Street
12 - 14' ceiling height
Grade level roll up door 12' H x 11' Wide with W 10th Street access
Split system HVAC units into warehouse
24 parking spaces
Several floor drains in warehouse
2 restrooms
Front office/reception area
Close to Highway 177, Shawnee airport, and Downtown Shawnee

ATTACHMENTS

Sale Brochure - 424 W 10th, Shawnee

FINANCIAL SUMMARY (ACTUAL - 2023)

ANNUAL ANNUAL PER SF
Gross Rental Income $108,000 $7.33
Other Income - -
Vacancy Loss - -
Effective Gross Income $108,000 $7.33
Taxes $9,834 $0.67
Operating Expenses $7,500 $0.51
Total Expenses $17,334 $1.18
Net Operating Income $90,666 $6.16

FINANCIAL SUMMARY (ACTUAL - 2023)

Gross Rental Income
Annual $108,000
Annual Per SF $7.33
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $108,000
Annual Per SF $7.33
Taxes
Annual $9,834
Annual Per SF $0.67
Operating Expenses
Annual $7,500
Annual Per SF $0.51
Total Expenses
Annual $17,334
Annual Per SF $1.18
Net Operating Income
Annual $90,666
Annual Per SF $6.16

PROPERTY FACTS

Price $879,500 Rentable Building Area 14,729 SF
Price Per SF $60 No. Stories 1
Sale Type Investment or Owner User Year Built/Renovated 1950/2021
Cap Rate 10.23% Tenancy Single
Property Type Industrial Parking Ratio 1.63/1,000 SF
Property Subtype
Warehouse
  • FlexLight Distribution
 Clear Ceiling Height 14’
Building Class B No. Drive In / Grade-Level Doors 1
Lot Size 0.56 AC Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Price $879,500
Price Per SF $60
Sale Type Investment or Owner User
Cap Rate 10.23%
Property Type Industrial
Property Subtype
Warehouse
  • FlexLight Distribution
Building Class B
Lot Size 0.56 AC
Rentable Building Area 14,729 SF
No. Stories 1
Year Built/Renovated 1950/2021
Tenancy Single
Parking Ratio 1.63/1,000 SF
Clear Ceiling Height 14’
No. Drive In / Grade-Level Doors 1
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

AMENITIES

  • Floor Drains
  • Signage
  • Air Conditioning

UTILITIES

  • Water
  • Sewer
  • Heating - Electric

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Jade Hydro
  • -
  • 14,179 SF
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Jade Hydro - 14,179 SF - -

LINKS

1 of 1

PROPERTY TAXES

Parcel Numbers
Multiple
  • 001500006022000000
  • 001500006017000000
 Total Assessment $91,763
Land Assessment $6,650 Annual Taxes $9,834 ($0.67/SF)
Improvements Assessment $85,113 Tax Year 2023

PROPERTY TAXES

Parcel Numbers
Multiple
  • 001500006022000000
  • 001500006017000000
Land Assessment
$6,650
Improvements Assessment
$85,113
Total Assessment
$91,763
Annual Taxes
$9,834 ($0.67/SF)
Tax Year
2023

ZONING

Zoning Code Commerical
Commerical
(405) 840-1600

CONTACTS

  • Listing ID: 30936753

  • Date on Market: 2/12/2024

  • Last Updated:

  • Address: 424 W 10th St, Shawnee, OK 74801

More public record information on 424 W 10th St, Shawnee, OK 74801

The Industrial Property at 424 W 10th St, Shawnee, OK 74801 is currently available for sale. Contact Banta Property Group for more information.

NEARBY LISTINGS

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424 W 10th St, Shawnee, OK for sale Primary Photo- Image 1 of 7
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424 W 10th St, Shawnee, OK for sale Interior Photo- Image 6 of 7
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The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

424 W 10th St
(405) 840-1600 x

424 W 10th St

1/2

Anna Fresonke

(405) 840-1600

(405) 840-1600

Greg Banta

(405) 823-3026

(405) 823-3026

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