102104 NW 16th Street
Newcastle, OK, 73065 $ 1,125,000
Bedrooms-- Baths-- Sq 8,735 for $1,125,000. This 8,735 square foot property was built in 1979 on a lot size of 2.15.
Investment Portfolio Overview – Newcastle, Oklahoma This two-building commercial portfolio offers investors a stable, income-producing asset in the growing Newcastle submarket, strategically positioned between Norman and South Oklahoma City. With a mix of Triple Net (NNN) and Modified Gross leases, the portfolio delivers both consistent returns and balanced exposure across two established tenants with long-term operational histories. On-site businesses with standing leases to include: A Licensed Daycare Facility(2980SF): Fully compliant and operating with strong community demand, this daycare is well-established and equipped with classrooms, outdoor play areas, and secure entry points. Granite Manufacturing Business(1225SF Office, 4600SF Warehouse): Featuring ample workspace, specialized equipment, and efficient layout, this business serves both residential and commercial clients with a proven track record and growth potential. Additional highlights. Acreage included, allowing room for future expansion, storage, or additional development. Convenient access to major roadways, with ample parking and gated drive. Whether you're looking to expand your portfolio or establish your presence in a growing area, this is a rare opportunity to own a multi-stream income property with immediate returns. Serious inquiries only. Financials and lease details available with signed NDA. For an investor-developer, this asset represents a rare hybrid — a property that produces reliable current income while sitting squarely in the path of major infrastructure and institutional expansion. As the new turnpike and the Indian Nation Hospital open, this corridor will transition from local service retail to a regional commercial hub. Owning this portfolio today positions a buyer to capture the upside of tomorrow’s Newcastle — whether through redevelopment, repositioning, or long-term appreciation.
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FeaturesGeneralSewer Public Sewer
Zoning Commercial
Construction Materials Frame Metal
Year Built 1979
Electric Public
Property Subtype Investment
County McClain
Property Type Commercial Sale
Status Active
Directions From Highway 62 and SW 16th Street in Newcastle turn west to the property that sits just behind a gated driveway on the south side of the street. (Behind the Doctors office)
City Newcastle
Lot Size Square Feet 66647
Lease Type Full Service
Standard Status Active
Tax Lot 000
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ExteriorParking Features Asphalt
Water Source Public
Lot Size Acres 2.15
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* Excluded FeaturesList ByTiffany M ElcyzynListing Agent
Chamberlain Realty LlcBroker
NearbyAbout Newcastle, OK 10,012 Population
84% Since 2002
$ 71,922 Median Income
40.71 Median Age
39% Households with Children
Trends Information provided by ATTOM Data Solutions.
304713 Elementary School
304843 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/17/2025 | $1,125,000 | -6.25% | Price Down |
| 9/29/2025 | $1,200,000 | -19.95% | Price Down |
| 6/27/2025 | $1,499,000 | | Listed Price |