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3900 E I240 Service Road, Oklahoma City, OK 73135
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Oklahoma City, OK 73135

$5,600,000

3900 E I240 Service Road, Oklahoma City, OK 73135

72,000 sq ft · Built 1983

$78
per sq ft
1
days listed
Type
Investment
Year built
1983
MLS #
1244005

This multi-tenant industrial investment opportunity consists of three buildings totaling 72,000 square feet within Midwest Industrial Park along the I-240 service road in Oklahoma City. The portfolio includes two 12,000-square-foot buildings and one 48,000-square-foot building, providing a diversified industrial asset with multiple tenancy options and operational flexibility. The property offers a combination of in-place income and value-add potential. Existing tenants currently occupy approximately 42,000 square feet, creating immediate cash flow while leaving substantial vacancy available for future leasing activity or owner-user occupancy. This unique configuration allows investors to pursue a lease-up strategy designed to increase occupancy and revenue, while owner-users can occupy available space and offset operating costs through rental income generated by existing tenants. Positioned just east of the I-240 and I-35 interchange, the property benefits from regional connectivity to Oklahoma City's primary transportation corridors. The interchange is one of the area's most heavily traveled industrial and commercial gateways, providing convenient access throughout the Oklahoma City metropolitan area and supporting efficient distribution, service, manufacturing, and contractor operations. Frontage along the I-240 service road enhances visibility and accessibility for tenants and visitors. With a blend of current occupancy, available space, and strategic freeway access, this three-building industrial portfolio presents an opportunity to acquire a functional asset with multiple paths to value creation, including leasing, operational expansion, tenant repositioning, or owner-user utilization.

Listed for sale
Aug 11, 2026

History from MLS records since this home was listed.

Monthly cost

— / month

Principal, interest, taxes, insurance, and HOA.

Assumes a $5,600,000 price, 20% down, 30-year fixed rate at 7.24% (APR 7.24%). Includes taxes and insurance; mortgage insurance not included. APR assumed equal to the rate; actual APR will be higher with lender fees. Estimate only. Not a loan offer or commitment.

An annual tax record is not available. This calculation starts with a planning allowance of 1.1% of the price. Adjust taxes below after confirming the amount with your lender or county assessor.

Principal & interest
—
Property taxes
—
Home insurance
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HOA
—

Planning estimate, not a quote. Rate and insurance are editable assumptions. Taxes can change after purchase; confirm HOA dues and their frequency. Mortgage insurance, closing costs, and maintenance are not included.

Rate: Freddie Mac Primary Mortgage Market Survey 30-year fixed average for the week of Oct 29, 2026, via FRED. An average, not a quote.

Insurance: about $5,800/yr for a $300,000 Oklahoma home, scaled by price (Oklahoma average, InsuranceNewsNet and Insurify 2026 studies). Your quote depends on the home, roof, deductible and insurer.

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Kurt Swink · Financial Concepts Mortgage

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Kurt Swink, NMLS #207515 · Financial Concepts Mortgage, NMLS #181632.

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MLSOK Listing provided courtesy of Richard Jennings, Richard Jennings Real Estate ((405) 669-6710). Status: Active.

Listings courtesy of MLSOK as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of Aug 11, 2026, 10:03 PM CT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

Properties displayed may be listed or sold by various participants in the MLS, as established by the applicable MLS Governing Documents.

The listing information provided here is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use or search of this data other than by a consumer looking to purchase real estate is prohibited.

Data last updated Aug 11, 2026, 10:03 PM CT. MLS # 1244005. Homestead & Co is a licensed Oklahoma real estate brokerage.

$5,600,000

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Oklahoma City · $4,760,000–$6,440,000

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