Tower Dr

Moore, OK 73160

Listing ID: 157858
$2,600,000
For Sale
  • Property Type Industrial
  • Lot Size Acres 3.390
  • Building Sq Ft 48,350
  • Building Price per Sq Ft $53.77
  • Land Sq Ft 147,668
  • Land Price per Sq Ft $17.61
  • NOI $202,270
  • CAP Rate % 7.78
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Description
Description

Great self storage with tremendous upside! The storage consists of 283 traditional non-climate controlled units and 58 RV parking spaces. The storage was painted, new signage was added, new gate installed, the lot was striped and sealed and the camera system updated in 2019. Historical occupancy in the area is around 92% which would change the ROI on the storage to approx 8% without any rental increases.


Location

Located just east of I-35 and north of SW 19th on Tower Drive.

Attachments & Files
Listing Demographics

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population7,62067,765120,763
Population Median Age343536
Population by Age0-9 Yrs1381 (18%)9550 (14%)16411 (13%)
10-19 Yrs821 (10%)8914 (13%)15503 (12%)
20-29 Yrs1346 (17%)11096 (16%)18819 (15%)
30-39 Yrs1252 (16%)10993 (16%)18546 (15%)
40-49 Yrs934 (12%)8664 (12%)15687 (12%)
50-59 Yrs747 (9%)7869 (11%)14779 (12%)
60-69 Yrs636 (8%)6069 (8%)11094 (9%)
70+ Yrs502 (6%)4610 (6%)9925 (8%)
Median HH Income$68,906$67,592$68,914
Total Household Income< 24K367 (12%)3247 (12%)5877 (12%)
25-49K506 (17%)5358 (21%)9810 (21%)
50-74K745 (26%)5594 (22%)9628 (20%)
75-99K540 (19%)4445 (17%)7767 (16%)
100-199K634 (22%)5941 (23%)11052 (23%)
200K+34 (1%)593 (2%)1940 (4%)
Highest Education LevelNo Diploma31732425752
Diploma or GED15981253721285
Some College12551205321256
Assoc. Degree42641617050
Bachelors Degree873823616043
Higher Degree31135617808
Total Housing Units3,06326,36248,407
--Owner-Occupied1,97817,65231,746
--Renter-Occupied8487,52614,328
Owner-Occupied Values< 100K40733764709
100-199K13051062917191
200-299K21525116605
300-399K175431564
400-499K16219778
500K+20373899
Total Working Age Population5,74052,55794,478
In Work Force4,08037,86166,888
Not In Work Force1,66014,69627,589
Workforce Employed3,91535,80063,450
Workforce Unemployed1171,6512,561
Civlian Workforce4,03237,45066,011
Military Workforce48411878
Total Households2,82625,17846,075
Family Households2,09817,90132,010
Non-Family Households7287,27614,065
Married Couple1,52613,36124,414
Other Family5724,5417,596
Married w/Child6846,25710,866
Single Male w/Child776681,149
Single Female w/Child2511,8273,111

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Oklahoma3,450,654+93,751,351+74,024,202+74,302,501
Cleveland County208,016+23255,755+15294,868+14336,050
Oklahoma County660,448+9718,633+7772,053+6821,230
McClain County27,740+2434,506+1238,671+1142,858

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While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

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