Drive-Through Restaurant
For Sale
$680,000
17407 W 9th Street S, Sand Springs, OK 74063
Commercial, Sand Springs, OK
Property Size2,048 SF
Lot Size0.70 Acres
Price / SF$332.03
Days on Market169
Property Features for 17407 W 9th Street S
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CS
Security features
Security System
Interior features
Public Restrooms, Security System-Owned
Exterior features
Door Sign
Fencing
Chain Link
Elementary school district
Sand Springs - Sch Dist (2)
Middle school district
Sand Springs - Sch Dist (2)
High school district
Sand Springs - Sch Dist (2)
Directions
US Hwy 412 W to S 177th W Ave, north to W 8th St, east to S 175th W Ave, then follow curve to W 9th St. Property on right at 17407 W 9th St.
Standard status
Active
APN
55680-91-06-39500
Size
2,048 SF
Lot size
0.70 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LT 4 BLK 3
Tax Annual Amount
714
Legal Description
LT 4 BLK 3
Utilities
Sewer type
Septic Tank
Heating system
Central
Cooling system
Central Air
Amenities
Polar Ice & Water vending system
Building Details
Year built
2024
Building materials
Steel
Roof type
Metal
Listing Agency:
Keller Williams Realty
(918) 766-0001
Listed By:
Dean Robertson · License #174917
(918) 440-8534
Added: Apr 7
Changed: Sep 15
Last Checked: Sep 22 at 8:06PM
MLS# 2612396
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.
This 2,048-square-foot drive-through restaurant building was constructed in 2024 and is built with a steel structure and metal roof. The property includes central heating and central air, public restrooms, an owned security system, chain-link fencing, and a septic tank. New equipment is included, and the existing operation is identified as Daylight Donuts.
Situated on 0.704 acres with highway frontage and drive-through access, the property is zoned CS and located at 17407 W 9th Street S in Sand Springs, Oklahoma. An on-site Polar Ice & Water vending system, Model MMMX, was installed in November 2025 and provides an additional income-producing feature.
Situated on 0.704 acres with highway frontage and drive-through access, the property is zoned CS and located at 17407 W 9th Street S in Sand Springs, Oklahoma. An on-site Polar Ice & Water vending system, Model MMMX, was installed in November 2025 and provides an additional income-producing feature.
Key Highlights
- 2,048‑square‑foot building constructed in 2024
- 0.704‑acre site with highway frontage and drive‑through access
- CS zoning in Sand Springs, Oklahoma
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$26,819
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.94%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$536,380
$536.4K
Cap Rate 7%
$383,129
$383.1K
Cap Rate 9%
$297,989
$298.0K
Market Conditions
NOI Build-Up for 2,048 SF
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.
Gross rent
$36.9K $18.00/SF
− Vacancy
−$1.1K −$0.54/SF
EGI
$35.8K $17.46/SF
− OpEx
−$8.9K −$4.37/SF
NOI
$26.8K $13.10/SF
Area
Tulsa County, OK
Vacancy
3.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$536,380
Cap Rate 7%
$383,129
Cap Rate 9%
$297,989
Alternative Uses
Best Use
Specialty Retail
$383.1K
$335.2K – $447.0K
NOI $26,819 @ 7.0% cap · market cap 3.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$461.6K
$403.9K – $538.5K
NOI $32,309 @ 7.0% cap · market cap 4.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
24
Businesses Nearby
6k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Sinclair
Shops & Services
5,273 visits/mo
0.2 miles
Valvoline Express Care
Shops & Services
868 visits/mo
0.1 miles
Demographics for 74063, OK
30,630
Population
12,823
Households
2.4
Avg Household Size
42
Median Age
24%
College-Educated
91%
High-School Grad
129.8 sq mi
ZIP Area
236
Density / Sq Mi
$71,569
Median Household Income
$41,815
Median Earnings
$989
Median Rent
$187,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - Modern quick-service facility with highway frontage, new equipment, and an on-site vending system.
Where is this drive through restaurant located?
The property is located at 17407 W 9th Street S Sand Springs, OK.
What is the asking price?
The asking price for this property is $680,000.
What are key features of this property?
This property features: 2,048‑square‑foot building constructed in 2024; 0.704‑acre site with highway frontage and drive‑through access; CS zoning in Sand Springs, Oklahoma
