Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1220 NE 1St St Pryor, OK 74361

    Sponsored
    For Sale
    $1,000,000

    Mixed Use - Pryor, OK

    Type:Mixed Use
    Property size:
    19,202 SF
    Lot size:
    1.53 Acres
    Days on Market:
    16
    Last Refresh:
    Jan 27 at 5:06 pm

    Property Features for 1220 NE 1St St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    Zoning
    C-1
    Interior features
    None
    Exterior features
    Sidewalk
    Size
    19,202 SF
    Lot size
    1.53 Acres

    Utilities

    Heating system
    Electric (Heating), Other (Heating)

    Building Details

    Year built
    1970
    Architectural style
    Other

    We can help!

    Listing Contact
    Edna Kimble

    Century 21 Wright Real Estate (918) 456-5288

    Listing agent Edna Kimble (918) 456-5288 License #142172

    Listing date Jan 12, 2026

    MLS# 2601252 Listing URL

    Copyright © 2026 MLS Technology, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Pryor Mixed-Use Commercial Building

    This commercial building, constructed in 1970, offers over 19,000 square feet of space on a 1.53-acre lot. The property is located across the street from Pryor City Hospital. Constructed with Red Iron framing and concrete floors, the building features a storefront appearance with warehouse versatility. It is currently operating as a warehouse and woodworking shop. The property includes ample on-site parking. Infrastructure features include 3-phase electric, updated electrical throughout, a commercial compressor, and a tankless water heater. One bathroom is present. Zoned Commercial with an active permit for Industrial use, the property is suited for various purposes, including a mega church, climate-controlled storage, manufacturing, distribution center, showroom, or event space. The seller may consider conveying all equipment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pryor
    County
    Mayes
    State
    Oklahoma
    Longitude
    -95.334737
    Latitude
    36.307318

    Nearby Similar for Sale

    • $1,500,000
      Pending

      Pryor Commercial Property with Renovated Office

      Commercial property featuring renovated office, shop, and storage buildings.
      223 S Taylor St, Pryor, OK 74361
      View Details
    • $145,000
      4,056 SF

      Historic Pryor Office Building

      Unique commercial property with potential for diverse uses.
      10 S Vann St, Pryor, OK 74361
      View Details
    • $349,900
      7,380 SF

      Spacious Warehouse Near Highway 20

      7,380 sqft commercial building near Highway 20 in Pryor, OK.
      415 N Maple St, Pryor, OK 74361
      View Details
    • $2,515,000
      8,120 SF

      Retail Strip Near Walmart

      Four-tenant retail strip shadow-anchored by Walmart in Pryor, Oklahoma.
      5315 Mill St S, Pryor, OK 74361
      View Details
    • $169,900
      1,456 SF

      New 2024 Doublewide Home

      Recently built doublewide featuring modern upgrades and ample storage.
      300 Spring Creek St, Pryor, OK 74361
      View Details
    • $499,000
      4,037 SF

      Pryor Industrial Flex Space

      4,037 SF industrial flex space in Pryor, Oklahoma.
      307 NW 5Th St, Pryor, OK 74361
      View Details
    • $1,490,000
      4,000 SF

      Pryor, OK Ranch with Shop

      80-acre ranch featuring a home, shop, and office/living quarters.
      4748 N 4318, Pryor, OK 74361
      View Details
    • $450,000
      6,000 SF

      Pryor Warehouse For Sale

      6,000 SF warehouse available in Pryor, Oklahoma.
      4441 Mill St S, Pryor, OK 74361
      View Details
    • $489,000
      5,882 SF

      Pryor Commercial Building For Sale

      High-traffic location, versatile space, great visibility
      104 Graham Ave, Pryor, OK 74361
      View Details
    • $2,900,000
      19,376 SF

      Pryor, OK Multifamily Investment

      16-Unit Duplex Portfolio, High ROI
      2900 520 Rd, Pryor, OK 74361
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Large commercial building with storefront appearance and warehouse versatility.
    Where is this mixed-use property located?
    The property is located at 1220 NE 1St St Pryor, OK.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: - Prime location directly across from Pryor City Hospital offers high visibility and traffic.; - Massive 19,000+ sq ft commercial building on 1.53 acres provides ample space for various uses.; - Zoned Commercial with active Industrial permit allows for diverse business opportunities.
    (918) 456-5288
    Request Owner's contact information
    1220 NE 1St St Pryor, OK 74361
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1220 NE 1St St
    Pryor, OK 74361
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1220 NE 1St St Pryor, OK 74361
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Edna Kimble
    Real Estate License ID: 142172
    (918) 456-5288
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.