Looking for a warehouse in Edmond, Oklahoma? Here's what you need to know:
- Location: Strategically located near NW 164th Street and Portland Avenue/Highway 74, with easy access to major highways and a daily traffic volume of 35,000 drivers.
- Property Details: Sizes range from 3,000 to 12,680 square feet, with an average price of $136 per square foot. Example: A 12,680 sq. ft. warehouse is listed at $1,110,000.
- Key Features:
- High ceilings (up to 24 feet)
- Loading docks and drive-in access
- Climate control and LED lighting
- Security systems and parking spaces
- Market Insights: Edmond is a growing area with a population of 96,549, an average household income of $130,708, and a cost of living 10% lower than the national average.
- Investment Potential: Flexible I-2 Industrial zoning allows for multi-tenant use, future expansion, and diverse revenue streams.
This property offers a prime opportunity for businesses or investors seeking a safe, well-connected location with strong growth potential.
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Edmond Location Analysis
Situated 13 miles north of Oklahoma City, this Edmond warehouse offers a prime spot for industrial operations in a growing market. Its location ensures easy access to regional highways, making distribution across Oklahoma and nearby states efficient and straightforward.
Transportation Access
The warehouse benefits from direct links to major highways and distribution routes. This connectivity plays a key role in supporting the area's strong market performance.
Market Performance
Edmond's commercial real estate market is supported by solid economic factors:
| Economic Indicator | Value |
|---|---|
| Population | 96,549 |
| Average Household Income | $130,708 |
| Available Workforce (30-mile radius) | 773,000 |
| Cost of Living vs. National Average | Over 10% lower |
These figures highlight a stable environment for commercial growth. Additionally, over half of Edmond residents hold at least a bachelor's degree, contributing to a well-educated workforce.
"Edmond offers highly rated public schools, shopping centers, public art, parks and more! Not only is Edmond the safest city among the 10 largest cities in Oklahoma, but it's also a great place to grow your business." - Edmond Economic Development Authority
Area Infrastructure
Edmond's infrastructure provides strong support for business operations:
- Educational Resources
- University of Central Oklahoma
- Oklahoma Christian University
- Francis Tuttle Technology Center's Business Innovation Center
- Utility Services
- Reliable power from Edmond Electric
- Advanced telecommunications systems
- Well-maintained roadways
- Business Support
- Launch Pad FT business incubator
- Tailored business assistance programs
- Healthcare facilities with over $375 million in investments
Edmond also boasts the lowest crime rate among Oklahoma's 10 largest cities, with only 14.94 incidents per thousand. This safe and well-equipped environment makes it an ideal location for warehouse and industrial operations.
Property Specifications
This property leverages the region's strong market dynamics, offering features designed to support efficient operations.
Space and Cost Details
The warehouse spans 12,680 square feet of industrial space, priced at $87.54 per square foot, with a total listing price of $1,110,000. This pricing reflects current market trends and positions the property as a solid investment opportunity in a growing area.
Building Features
The facility is equipped with key amenities to meet operational demands:
- 24-foot clear height ceilings for efficient vertical storage
- Two grade-level loading docks for streamlined logistics
- Energy-efficient LED lighting throughout
- Modern HVAC systems for climate control
- Durable reinforced concrete floors
- A security system with 24/7 monitoring
- 25 designated parking spaces for employees and visitors
Layout Options
The warehouse offers versatile layout configurations tailored to different business needs:
- Open floor plan for maximizing storage space
- Partitionable areas for multi-tenant use
- Dedicated office space spanning 1,200 square feet
- Potential for mezzanine storage
- Drive-in bay access points for added convenience
These layout options make the property suitable for a variety of uses, from storage and distribution to a combination of office and warehouse operations.
Business Applications
Warehouse and Distribution
This facility is designed to handle industrial operations efficiently. It features a 40-foot clear ceiling, 4 dock-high doors, and 65 drive-in/grade-level doors, making it ideal for material handling and storage needs.
Key uses include:
- Manufacturing: The high ceilings and open layout make it suitable for production activities.
- Distribution: The multiple loading doors streamline shipping and receiving processes.
- Industrial Truck Terminals: The extensive drive-in access supports fleet operations seamlessly.
Additionally, a free-standing paint booth adds value, whether used by manufacturing tenants or as a shared resource.
Alternative Uses
Thanks to its I-2 Industrial zoning, this property offers flexibility for various uses. Its divisible layout allows it to function as a multi-tenant industrial facility. The extra vacant land also opens up possibilities for future expansion or the construction of complementary structures, adding another layer of potential for investors.
Return on Investment
Situated in the sought-after Canadian County Submarket of Oklahoma City, this warehouse is primed for strong investment returns. Here’s why:
- Strategic Access: Its close proximity to I-40 boosts distribution efficiency.
- Expansion Opportunities: The property includes 34 acres of vacant land fronting I-40, ideal for growth.
- Diverse Revenue Streams: The multi-tenant configuration supports flexible leasing options.
- Prime Location: Being in a high-demand industrial corridor suggests stable occupancy rates.
The parking ratio of 0.99 spaces per 1,000 square feet meets industrial standards, providing ample parking for employees and visitors alike.
Buyer Guidelines
Location Assessment
The warehouse located at 9528 W I-40 Service Road offers direct access to I-40, making it convenient for distribution. After considering the location, take a close look at the building's overall condition.
Building Inspection Points
When inspecting the building, focus on its structure and essential safety features. Key areas to check include:
- Foundation and load-bearing walls: Ensure they are stable and free from visible damage.
- Roof condition and drainage: Look for leaks or poor drainage that could lead to long-term issues.
- Electrical and mechanical systems: Verify they are in good working order and meet safety standards.
- Fire safety infrastructure: Check for fire alarms, sprinklers, and other safety measures.
- Loading dock mechanisms: Assess the functionality of equipment like doors and lifts.
Legal Requirements
Make sure the property complies with I-2 Industrial zoning and has all the necessary permits. To ensure thorough due diligence, consult professionals such as structural engineers, environmental experts, and real estate attorneys. Critical areas to verify include:
- Certificates of occupancy: Confirm they are up to date.
- Environmental compliance records: Review for any past or current violations.
- Building code adherence: Ensure the property meets local regulations.
- Property title status: Verify there are no legal disputes or liens.
- Insurance requirements: Check for compliance with coverage standards.
Conclusion
This Edmond warehouse stands out as a promising investment in a market where industrial properties are in high demand. Its location near major transportation hubs and consumer markets makes it an attractive option for businesses and investors.
The property offers strong value, thanks to its competitive pricing and prime location. Its modern infrastructure supports a wide range of uses, from warehousing to distribution operations, making it a versatile choice for commercial needs.
With its combination of location and contemporary design, this warehouse presents a solid opportunity in the commercial real estate market. Consider these factors carefully as you evaluate your investment options.
