13523 NE 23rd Street, Choctaw, OK 73020
- Added:
- Apr 3, 2025
- Days on Market:
- 451
- Last Refresh:
- Jun 27 at 1:06 pm
Property Features for 13523 NE 23rd Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Commercial
- Standard status
- Active
- APN
- 13523NE23rd73020
- Size
- 1,200 SF
- Lot size
- 0.32 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Cooling system
- Central Air, Electric
- Water source
- Well
Building Details
- Year built
- 1950
- Building materials
- Frame, Metal Siding
Listing agent Joe Forrest License #143557 (405) 850-8489
Listing office RE/MAX First 6501 N Broadway Ext, Oklahoma City, OK (405) 843-8448
Listing date Apr 3, 2025
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.
HighLights
- Multi‑use commercial property on approximately 1/3 acre.
- Open plan inside with bar.
- Covered deck in backyard.
- Water well on property.
- Convenient location on the west edge of Choctaw.
- Natural Gas Heating.
Overview
Local Financial Insights For Specialty Retail
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 | $18.0k | $15.00 |
| − Vacancy | −$1.2k | −$0.98 |
| EGI | $16.8k | $14.03 |
| − OpEx | −$4.2k | −$3.51 |
| NOI | $12.6k | $10.52 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Charlies Sports Grill — 2200 N Hiwassee Rd, Choctaw, OK 73020
Location Insight
- Map
- Local Demand
- City
- Choctaw
- County
- Oklahoma
- State
- Oklahoma
- Longitude
- -97.288124
- Latitude
- 35.493435
