Freestanding Flex Space with
For Sale
$259,000
Pending
211 N Main Street, Blanchard, OK 73010
Commercial Sale, Blanchard, OK
Property Size3,650 SF
Lot Size0.16 Acres
Days on Market141
Property Features for 211 N Main Street
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
Commercial
Directions
Hwy 62 & Main St. Go North to 211, building is on the West side of street.
Standard status
Pending
APN
211NMain73010
Size
3,623 SF
Lot size
0.16 Acres
Amenities
security system
Building Details
Year built
1980
Listing Agency:
LB Realty Group-MB of Oklahoma
(405) 317-9542
Listed By:
Lindsey Bunch · License #145779
(405) 485-2400
Added: May 20
Changed: Oct 5
Last Checked: Oct 7 at 8:06PM
MLS# 1230498
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 freestanding flex property at 211 N Main Street includes a customer-facing showroom, work areas, warehouse storage, utility space, and a separate section served by an overhead door. The showroom has central heat and air, while the shop area includes heat and a bathroom. The warehouse is not climate controlled. A utility area includes a sink and drain, and a camera/security system through Pioneer remains with the property.
The property occupies a 0.1607-acre lot in Blanchard, Oklahoma, with alley access for loading and receiving. The building was constructed in 1980 and is identified as C-6 commercial zoning. Its split configuration supports a range of commercial operations requiring a combination of public-facing space, work areas, storage, and service access.
The property occupies a 0.1607-acre lot in Blanchard, Oklahoma, with alley access for loading and receiving. The building was constructed in 1980 and is identified as C-6 commercial zoning. Its split configuration supports a range of commercial operations requiring a combination of public-facing space, work areas, storage, and service access.
Key Highlights
- C‑6 commercial zoning at 211 N Main Street, Blanchard, OK 73010
- 0.1607‑acre downtown lot
- 50x25 storefront/showroom with central heat and air
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,496
Cap Rate
8.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$449,920
$449.9K
Cap Rate 7%
$321,371
$321.4K
Cap Rate 9%
$249,956
$250.0K
Market Conditions
NOI Build-Up for 3,623 SF
Gross rent
$34.8K $9.60/SF
− Vacancy
−$2.6K −$0.73/SF
EGI
$32.1K $8.87/SF
− OpEx
−$9.6K −$2.66/SF
NOI
$22.5K $6.21/SF
Area
McClain County, OK
Vacancy
7.60%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$449,920
Cap Rate 7%
$321,371
Cap Rate 9%
$249,956
Alternative Uses
Best Use
Flex RnD
$642.9K
$562.5K – $750.1K
NOI $45,003 @ 7.0% cap · market cap 17.38%
Second Best
Retail
$516.3K
$451.7K – $602.3K
NOI $36,139 @ 7.0% cap · market cap 13.95%
Theoretical Best
Specialty Retail
$875.7K
$766.3K – $1.02M
NOI $61,301 @ 7.0% cap · market cap 23.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
283
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Flex space - C-6 commercial property combining customer-facing space, heated work areas, warehouse storage, and alley loading access.
Where is this flex space located?
The property is located at 211 N Main Street Blanchard, OK.
What is the asking price?
The asking price for this property is $259,000.
What are key features of this property?
This property features: C‑6 commercial zoning at 211 N Main Street, Blanchard, OK 73010; 0.1607‑acre downtown lot; 50x25 storefront/showroom with central heat and air
