Route 66 Commercial
1100 Manvel Avenue Chandler, OK 74834
For Sale
$155,000
MULTI_FAMILY - Chandler, OK
Property Size1,472 SF
Lot Size0.08 Acres
Price / SF$105.30
Days on Market263
Property Features for 1100 Manvel Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Commercial
Standard status
Active
APN
1100NONEManvel74834
Size
1,472 SF
Lot size
0.08 Acres
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1920
Floors in Building
1
Listing Agency:
Premier Realty LLC
(918) 968-2575
Listed By:
Marshall Alsip · License #157344
(918) 430-4418
Added: Nov 8, 2025
Changed: May 28
Last Checked: Jul 29 at 2:06PM
MLS# 1200704
Copyright © 2026 MLSOK, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial property is located on historic Route 66 in Chandler, Oklahoma. The 1,472 square foot building offers visibility and access. The property includes a 24-car parking lot. The flexible layout is suited for retail, office, restaurant, or service use. The site is located near downtown Chandler with access to I-44. The lot size is 0.0803 acres.
Key Highlights
- Prime location on historic Route 66 with exceptional visibility.
- Ample parking with a 24‑car parking lot.
- Flexible 1,472 sq ft building suitable for retail, office, restaurant, or service use.
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $22.4k | $15.24 |
| − Vacancy | −$5.8k | −$3.93 |
| EGI | $16.6k | $11.31 |
| − OpEx | −$4.2k | −$2.83 |
| NOI | $12.5k | $8.48 |
1,472 SF · lease $15.24/SF/yr · vacancy 25.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$355.8K
$311.3K – $415.1K
NOI $24,906 @ 7.0% cap · market cap 16.07%
Second Best
Retail
$209.8K
$183.5K – $244.7K
NOI $14,683 @ 7.0% cap · market cap 9.47%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - Commercial building on Route 66 with parking.
Where is this retail space located?
The property is located at 1100 Manvel Avenue Chandler, OK.
What is the asking price?
The asking price for this property is $155,000.
What are key features of this property?
This property features: Prime location on historic Route 66 with exceptional visibility.; Ample parking with a 24‑car parking lot.; Flexible 1,472 sq ft building suitable for retail, office, restaurant, or service use.
