Muskogee Commercial Property For
1620 W Shawnee Bypass Muskogee, OK 74401
For Sale
$495,000
COMMERCIAL - Muskogee, OK
Property Size2,150 SF
Lot Size1.29 Acres
Price / SF$230.23
Days on Market121
Property Features for 1620 W Shawnee Bypass
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Zoning
- I-1
- Security features
- Security System
- Interior features
- Mini-Kitchen, Security System-Leased, Smoke Detector
- Exterior features
- Pole Sign
- Fencing
- Chain Link
- Standard status
- Active
- Size
- 2,150 SF
- Lot size
- 1.29 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LOTS 1 THRU 8 BLOCK 12 and LOTS 10 thru 16 BLOCK 5 Lincoln Park
- Tax Annual Amount
- 2028
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1974
- Building materials
- Brick
- Roof type
- Composition
Listing Agency:
Interstate Properties, Inc.
(918) 682-1119
Listed By:
Earnie Gilder · License #45081
(918) 682-1119
Added: Mar 26
Changed: May 14
Last Checked: Jul 24 at 7:06AM
MLS# 2610702
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.
Investment Insights
Based on property information with market context.
Position your business for success along the rapidly growing West Shawnee Bypass corridor with this free-standing commercial property. The property offers flexibility for contractors, service businesses, light manufacturing, warehousing, or trade operations. It is zoned Light Industrial, allowing for a wide range of business uses. The property includes ample land and a secure yard space, making it suitable for equipment storage or future building additions. The attractive brick building offers professional curb appeal. The property features a fully fenced rear yard, plus additional unfenced land for expansion, parking, or outdoor storage. The site has frontage along West Shawnee Bypass, a growing commercial artery with increasing traffic and development. The property is 2150 square feet in size and sits on a 1.288-acre lot.
Key Highlights
- Excellent frontage on rapidly growing West Shawnee Bypass corridor.
- Zoned Light Industrial, allowing for a wide range of business uses.
- Ample land and secure, fully fenced rear yard for storage or expansion.
Financial Insights For Flex RnD
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 | $24.5k | $11.40 |
| − Vacancy | −$3.1k | −$1.46 |
| EGI | $21.4k | $9.94 |
| − OpEx | −$7.5k | −$3.48 |
| NOI | $13.9k | $6.46 |
2,150 SF · lease $11.40/SF/yr · vacancy 12.80% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$198.5K
$173.7K – $231.5K
NOI $13,892 @ 7.0% cap · market cap 2.81%
Second Best
Warehouse
$187.3K
$163.9K – $218.6K
NOI $13,114 @ 7.0% cap · market cap 2.65%
Theoretical Best
Office A
$450.0K
$393.8K – $525.0K
NOI $31,501 @ 7.0% cap · market cap 6.36%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
FAQs
What type of property is this?
Flex space - Versatile commercial property on rapidly growing West Shawnee Bypass corridor.
Where is this flex space located?
The property is located at 1620 W Shawnee Bypass Muskogee, OK.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Excellent frontage on rapidly growing West Shawnee Bypass corridor.; Zoned Light Industrial, allowing for a wide range of business uses.; Ample land and secure, fully fenced rear yard for storage or expansion.
