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2003 S Merritt Rd 25,160 SF Industrial Building Elk City, OK 73644 $5,419,000 ($215.38/SF) 8% Cap Rate
INVESTMENT HIGHLIGHTS
- Half mile to full interchange at I-40, one mile to State Hwy 6
- 16 drive in doors, 37% office, 24 foot clear height, two crane rails, one 10 ton crane.
EXECUTIVE SUMMARY
PROPERTY FACTS
| Price | $5,419,000 | Lot Size | 14.96 AC |
| Price Per SF | $215.38 | Rentable Building Area | 25,160 SF |
| Sale Type | Investment NNN | No. Stories | 1 |
| Cap Rate | 8% | Year Built/Renovated | 1981/2007 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 3.18/1,000 SF |
| Building Class | C | Clear Ceiling Height | 16’ |
| Price | $5,419,000 |
| Price Per SF | $215.38 |
| Sale Type | Investment NNN |
| Cap Rate | 8% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 14.96 AC |
| Rentable Building Area | 25,160 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1981/2007 |
| Tenancy | Single |
| Parking Ratio | 3.18/1,000 SF |
| Clear Ceiling Height | 16’ |
AMENITIES
- Fenced Lot
UTILITIES
- Lighting
- Heating
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
This 14.32-acre property is located on the west side of Elk City, just off I-40, at the southeast corner of S. Merritt Rd and W. 20th St. Fully fenced and featuring a large graveled yard with three buildings, it’s well-suited for a wide range of industrial uses. The property is turnkey, in excellent condition, and ready for its next tenant.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 25,160 SF | Industrial | - | 30 Days |
1st Floor
| Size |
| 25,160 SF |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| 30 Days |
1st Floor
| Size | 25,160 SF |
| Space Use | Industrial |
| Condition | - |
| Available | 30 Days |
This 14.32-acre property is located on the west side of Elk City, just off I-40, at the southeast corner of S. Merritt Rd and W. 20th St. Fully fenced and featuring a large graveled yard with three buildings, it’s well-suited for a wide range of industrial uses. The property is turnkey, in excellent condition, and ready for its next tenant.
PROPERTY TAXES
| Parcel Number | 0000-36-011-022-0-005-01 | Improvements Assessment | $158,900 |
| Land Assessment | $17,193 | Total Assessment | $176,093 |
PROPERTY TAXES
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2003 S Merritt Rd
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