1737 5Th StOklahoma City, OK 73106

  • Industrial properties
  • 10,241 SF
For Sale

Property Details for 1737 5Th St

Year built
1930
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.24 AC
Property size (Sq ft)
10,241 SF
Property type
Industrial properties
Property subtype
Other warehouses
APN
01-704-8780
APU
17048780

Description

This exceptional Oklahoma City investment opportunity presents a fully renovated, 10,800-square-foot warehouse at 1737 NW 5th St, zip code 73106. The property, built in 1930 and extensively renovated in 2024, features three separate suites totaling 10,800 square feet, currently all vacant. Two suites are designed as office/studio/retail spaces, each approximately 1700 square feet, boasting 20-foot ceilings, abundant natural light from original steel windows, new ADA-compliant restrooms, and 5-ton HVAC systems. The exterior renovation includes insulated walls and roof for energy efficiency. The third suite is a specialized, 6,000 square foot facility, previously configured as a high-capacity medical cannabis extraction lab, equipped with over 20 tons of HVAC and a 480V/1000A electrical service. This suite includes two 28'x14' Class 1 Division 1 extraction rooms and two large walk-in freezers. The entire 0.32-acre lot is fenced, offering secure gated parking and a storage yard. Building features include 18-foot ceilings, one drive-in door (12 feet), eight total parking spaces, and rail access. The property is conveniently located near major transportation arteries, including a 7-minute drive to Scissortail Park, I-40, and I-44. Utilities include city water and sewer, natural gas heating, and halide lighting. The property is zoned I-3 and is a Class C building with masonry construction. This multi-use property offers significant potential for a variety of businesses.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,024,751
    Hospitality
    $1,854,661
    Educational
    $1,543,056
    Medical
    $1,596,124
    Retail
    $2,400,309
1737 5Th St, Oklahoma City, Oklahoma

Location Insight

City
Oklahoma City
County
Oklahoma
State
Oklahoma
Latitude
35.474
Longitude
-97.5452
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
$4,704
$4,054
$34,247
$38,301
-
$36,855
$311,339
$348,194

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