Commercial Lot with Warehouse
2611 W Shawnee Street Muskogee, OK 74401
New
For Sale
$375,000
COMMERCIAL - Muskogee, OK
Property Size2,000 SF
Lot Size0.92 Acres
Price / SF$187.50
Days on Market4
Property Features for 2611 W Shawnee Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- I-1
- Standard status
- Active
- APN
- 510010449
- Size
- 2,000 SF
- Lot size
- 0.92 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- LOT 9 Home Acres I
- Tax Annual Amount
- 1198
Building Details
- Year built
- 1975
- Flooring type
- Concrete
- Building materials
- Aluminum
- Roof type
- Metal
Listing Agency:
Interstate Properties, Inc.
(918) 682-1119
Listed By:
Karra M Wardour · License #157525
(918) 682-1119
Added: Jul 21
Last Checked: Jul 24 at 8:06AM
MLS# 2626820
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 commercial lot offers just under an acre of developable land in Muskogee, OK, with a structure positioned at the back of the property described as a shell. The site has utilities pulled onto the property, including electric, water, and sewer.
The property is located along W Shawnee Street and is zoned I-1. The existing shell structure and brought-in utilities can support a variety of business-focused buildout plans while keeping the underlying land footprint available for development.
The property is located along W Shawnee Street and is zoned I-1. The existing shell structure and brought-in utilities can support a variety of business-focused buildout plans while keeping the underlying land footprint available for development.
Key Highlights
- Commercial lot just under 1 acre in Muskogee along Shawnee
- Structure on back is a shell
- All utilities are on site: electric, water, and sewer
Financial Insights For Warehouse
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 | $15.6k | $7.80 |
| − Vacancy | −$1.2k | −$0.62 |
| EGI | $14.4k | $7.18 |
| − OpEx | −$2.2k | −$1.08 |
| NOI | $12.2k | $6.10 |
2,000 SF · lease $7.80/SF/yr · vacancy 8.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$174.3K
$152.5K – $203.3K
NOI $12,199 @ 7.0% cap · market cap 3.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$418.6K
$366.3K – $488.4K
NOI $29,303 @ 7.0% cap · market cap 7.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Commercial land
FAQs
What type of property is this?
Commercial land - Under one acre commercial lot with a back-of-site shell structure and utilities pulled for electric, water, and sewer.
Where is this commercial land located?
The property is located at 2611 W Shawnee Street Muskogee, OK.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Commercial lot just under 1 acre in Muskogee along Shawnee; Structure on back is a shell; All utilities are on site: electric, water, and sewer
