Auction - REIT SALE | 8K SF Vacant Industrial 104 N 9th St 8,932 SF Industrial Building Alderson, OK 74522 $261,581 CAD ($29.29 CAD/SF)

Marcus & Millichap is pleased to present the opportunity to acquire a vacant, free-standing industrial facility located at 104 N 9th Street in Alderson, Oklahoma 74501 (the “Property”). Offered at a substantial discount to replacement cost, the Property presents a compelling opportunity for owner-users, investors, and industrial operators to acquire a highly functional industrial asset at an attractive basis. FIRST BID MEETS RESERVE!
Constructed in 2008, the Property consists of a ±8,932-square-foot industrial/flex building situated on a ±33.16-acre parcel (±1,444,331 SF). The facility features a highly functional layout including approximately ±22% office buildout, 22-foot clear heights, an open warehouse area, five drive-through bays serviced by four overhead doors, 3-phase/208V power, and an overhead crane. An attached covered bay provides additional loading, storage, and workspace flexibility. The expansive site is fully fenced and includes substantial yard area suitable for outdoor storage, equipment staging, fleet parking, or future expansion. The Property benefits from ±692 feet of frontage along N 9th Street/US Highway 270 with ±7,600 VPD and offers efficient site circulation through a dedicated point of ingress and egress. Previously occupied by Select Energy Services on a net lease basis, the Property presents an attractive owner-user opportunity as well as a value-add investment with lease-up potential. According to CoStar, industrial rents in the area generally range from approximately $9 to $11 per square foot NNN. Located outside municipal zoning jurisdiction, the Property offers flexibility for a broad range of industrial, manufacturing, logistics, energy service, equipment storage, and contractor-oriented uses, enhancing both re-tenanting and long-term redevelopment potential.
The Property is located in Alderson, Oklahoma, within Pittsburg County, a strategically positioned industrial and transportation corridor in southeastern Oklahoma. Situated near U.S. Highway 270 and the region’s broader highway network, the Property provides convenient connectivity to McAlester, Muskogee, Tulsa, and other key Oklahoma markets. The surrounding area supports a diverse economic base anchored by manufacturing, distribution, transportation, energy, agriculture, healthcare, and government employment. McAlester, located ±4 miles from the Property, serves as the region’s primary employment and commercial center and is home to major employers including the McAlester Army Ammunition Plant (±15-min), Choctaw Nation operations, Mcalester Regional Health Center (171-beds) , manufacturers, and transportation-related businesses. This diverse employment base supports a stable workforce and ongoing demand for industrial, service, and flex-oriented facilities throughout the region. Combined with its substantial land area, fully fenced yard, drive-through configuration, overhead crane, and outdoor storage capabilities, the Property is well positioned for contractors, equipment operators, logistics firms, energy service providers, manufacturers, and industrial owner-users seeking a cost-effective facility with expansion potential. Supported by Oklahoma’s business-friendly operating environment and competitive cost structure, the region continues to attract users seeking efficient access to Oklahoma, Arkansas, and the broader Mid-South. Within a 5-mile radius, the area is home to more than 8,200 residents with an average household income exceeding $81,000, providing a reliable labor base for industrial and service-related operations.