Building Details

Year built 1970

Listing Agency: LB Realty Group-MB of Oklahoma Show Phone

Listed By: Lindsey Bunch · License #145779 Show Phone

Added: Sep 1 Changed: Sep 2 Last Checked: Oct 7 at 10:06PM

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MLS# 1246630

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.

This 1,450-square-foot storefront property at 207 N Main in Blanchard, Oklahoma, was built in 1970 and carries Commercial zoning. The building currently accommodates a retail boutique and beauty service operation, with an adaptable interior arrangement and large display windows facing the street. The layout can support retail, office, salon, or creative studio use as described for the property.

Located in downtown Blanchard, the property provides direct Main Street exposure and front-facing street parking for customers and clients. The 0.0803-acre parcel also offers prominent signage potential along the storefront. Its combination of visible merchandising space, commercial zoning, and an established service-oriented configuration creates a practical setting for continued retail or personal-service use.

Key Highlights

• 1,450‑square‑foot commercial storefront at 207 N Main
• 0.0803‑acre parcel in downtown Blanchard
• Commercial zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$14,464

Cap Rate

3.62%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$289,280 $289.3K

Cap Rate 7%

$206,629 $206.6K

Cap Rate 9%

$160,711 $160.7K

Market Conditions

NOI Build-Up for 1,450 SF

Gross rent

$21.8K $15.00/SF

− Vacancy

−$1.1K −$0.75/SF

EGI

$20.7K $14.25/SF

− OpEx

−$6.2K −$4.27/SF

NOI

$14.5K $9.98/SF

Area

McClain County, OK

Vacancy

5.00%

Lease Rate

$15.00 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$289,280

Cap Rate 7%

$206,629

Cap Rate 9%

$160,711

Alternative Uses

Best Use

Retail

$206.6K

$180.8K – $241.1K (±1% cap)

NOI $14,464 @ 7.0% cap · market cap 3.62%

Second Best

—

—

no second resolved use

Theoretical Best

Specialty Retail

$350.5K

$306.7K – $408.9K (±1% cap)

NOI $24,534 @ 7.0% cap · market cap 6.13%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Auto Parts Store Building Supply Big Box & Wholesale Store Plumbing Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

283

Businesses Nearby

34k

Monthly Visits Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 94% Dining 6%

Shell Shops & Services

19,160 visits/mo 0.3 miles

Dollar Tree Shops & Services

8,639 visits/mo 0.4 miles

O'Reilly Auto Parts Shops & Services

4,077 visits/mo 0.2 miles

SUBWAY Dining

2,070 visits/mo 0.1 miles

Demographics for 73010, OK

20,744

Population

7,770

Households

2.7

Avg Household Size

39

Median Age

26%

College-Educated

91%

High-School Grad

174.5 sq mi

ZIP Area

119

Density / Sq Mi

$86,968

Median Household Income

$47,315

Median Earnings

$1,070

Median Rent

$241,600

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Questions? Ask Rey

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What type of property is this? Where is this storefront properties located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Storefront property - Commercially zoned building with display windows, customer parking, and a flexible interior layout.

Where is this storefront property located?

The property is located at 207 N Main Blanchard, OK.

What is the asking price?

The asking price for this property is $400,000.

What are key features of this property?

This property features: 1,450‑square‑foot commercial storefront at 207 N Main; 0.0803‑acre parcel in downtown Blanchard; Commercial zoning