Insulated Flex Building With
New
For Sale
$1,398,000
26091 State Hwy 51, Wagoner, OK 74467
COMMERCIAL - Wagoner, OK
Property Size11,600 SF
Lot Size6.00 Acres
Price / SF$120.52
Days on Market4
Property Features for 26091 State Hwy 51
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C-3
Security features
Security System
Interior features
Cable TV Wired, Display Window, High Speed Internet, Mini-Kitchen, Public Restrooms, Security System-Owned, Smoke Detector
Exterior features
Door Sign, Lighting, Pole Sign, Storage
Fencing
Fenced
Elementary school district
Wagoner - Sch Dist (31)
Middle school district
Wagoner - Sch Dist (31)
High school district
Wagoner - Sch Dist (31)
Directions
From Tulsa: From Highway 351, take Exit 13. Turn left. Approximately 9.5 miles to shop on left.
Standard status
Active
APN
730084272
Size
11,600 SF
Lot size
6.00 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
08-17-18 A TRACT IN SW SW DESC AS COM AT SW COR -N01'40'35"W ALONG W LINE 164' TO POB - CONTINUING N
Tax Annual Amount
4242
Legal Description
08-17-18 A TRACT IN SW SW DESC AS COM AT SW COR -N01'40'35"W ALONG W LINE 164' TO POB - CONTINUING N
Utilities
Sewer type
Septic Tank
Heating system
Heat Pump (Heating)
Cooling system
Central Air
Amenities
covered front porch
kitchen
men's and women's restrooms
two offices
work benches
shop sinks
floor safe
22k Generac generator
440-amp electrical service
gas heaters
sheetrock/AC in showroom and drive-thru
camera system
monitored alarm
fiber-optic internet
counter wiring for VOIP phones
1/4" pipe fence
gravel parking
grass area
reinforced main driveway
Building Details
Year built
2020
Floors in Building
1
Flooring type
Concrete
Building materials
Frame
Roof type
Metal
Additional Structures
Storage
Listing Agency:
Realty Connect
(918) 901-9690
Listed By:
Tina Berryhill · License #184167
(918) 344-6711
Added: Aug 2
Changed: Aug 4
Last Checked: Aug 5 at 3:06AM
MLS# 2628532
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.
Built in 2020, this 11,600-square-foot flex property occupies approximately 6 acres and is zoned C-3. The metal building includes a showroom, drive-through area, offices, kitchen, men’s and women’s restrooms, indoor wash bay, epoxy flooring, work benches, shop sinks, and glass entry doors. Shop ceilings reach 16 feet, while the drive-through and showroom/office areas have 11-foot ceilings. Door infrastructure includes six 14-by-14-foot insulated overhead doors, four 10-by-10-foot insulated overhead doors, and two powered drive-through doors. Additional improvements include 440-amp electrical service, a 22k Generac generator, gas heaters and sinks in both 50-by-50-foot shops, central air, fiber-optic internet, and a monitored alarm system.
The property fronts State Highway 51 in Wagoner and is positioned between the Muskogee Turnpike and Highway 69, approximately 15 miles south of Highway 412. Exterior features include a 10-by-90-foot covered porch, more than 5 acres of gravel parking, a fenced perimeter, pole signage, and a reinforced main driveway.
The property fronts State Highway 51 in Wagoner and is positioned between the Muskogee Turnpike and Highway 69, approximately 15 miles south of Highway 412. Exterior features include a 10-by-90-foot covered porch, more than 5 acres of gravel parking, a fenced perimeter, pole signage, and a reinforced main driveway.
Key Highlights
- 11,600‑square‑foot flex building on approximately 6 acres
- C‑3 zoning with State Highway 51 frontage in Wagoner
- Six 14‑by‑14‑foot and four 10‑by‑10‑foot insulated overhead doors
Financial Insights For Retail
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 | $194.9k | $16.80 |
| − Vacancy | −$11.7k | −$1.01 |
| EGI | $183.2k | $15.79 |
| − OpEx | −$55.0k | −$4.74 |
| NOI | $128.2k | $11.05 |
11,600 SF · lease $16.80/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.83M
$1.60M – $2.14M
NOI $128,231 @ 7.0% cap · market cap 9.17%
Second Best
Flex RnD
$1.44M
$1.26M – $1.68M
NOI $100,976 @ 7.0% cap · market cap 7.22%
Theoretical Best
Office A
$2.74M
$2.39M – $3.19M
NOI $191,539 @ 7.0% cap · market cap 13.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
16 ft
Clear height
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
294
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 74467, OK
13,981
Population
6,826
Households
2
Avg Household Size
44
Median Age
20%
College-Educated
88%
High-School Grad
154.1 sq mi
ZIP Area
91
Density / Sq Mi
$58,398
Median Household Income
$39,350
Median Earnings
$852
Median Rent
$149,500
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Versatile commercial facility with substantial parking, multiple overhead doors, showroom space, offices, and shop areas.
Where is this flex space located?
The property is located at 26091 State Hwy 51 Wagoner, OK.
What is the asking price?
The asking price for this property is $1,398,000.
What are key features of this property?
This property features: 11,600‑square‑foot flex building on approximately 6 acres; C‑3 zoning with State Highway 51 frontage in Wagoner; Six 14‑by‑14‑foot and four 10‑by‑10‑foot insulated overhead doors
