1400 S Steele Chandler, OK 74834
LAND - Chandler, OK
- Added:
- May 11, 2026
- Days on Market:
- 65
- Last Refresh:
- Jul 14 at 8:06 am
Property Features for 1400 S Steele
General Information
- Property type
- Land
- Property subtype
- Other
- Zoning
- Commercial
- Standard status
- Active
- APN
- 1400SSteele74834
- Size
- 2,400 SF
- Lot size
- 0.24 Acres
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Roof type
- Metal
Listing agent Amy Miller License #154260 (405) 240-6168
Listing office RE/MAX Realty Plus Inc 816 E 1st St, Chandler, OK (405) 258-0857
Listing date May 11, 2026
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.
Key Highlights
- Versatile 2,400 SF (60x40) shop built in 2021, suitable for business, storage, workshop, or gym.
- Includes electricity, bathroom with shower, and instant hot water tank.
- Two roll‑up garage doors with openers for easy access.
Local Financial Insights For Industrial
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 | $23.0k | $9.60 |
| − Vacancy | −$1.8k | −$0.73 |
| EGI | $21.3k | $8.87 |
| − OpEx | −$6.4k | −$2.66 |
| NOI | $14.9k | $6.21 |
