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    Professional Office Building Near Courthouse Title is generated by Realmo AI

    411 W 1st Street, Claremore, OK 74017

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    Claim this Listing
    For Sale
    $390,000

    COMMERCIAL - Claremore, OK

    Type:Office
    Property size:
    1,924 SF
    Lot size:
    0.31 Acres
    Price / SF:
    $202/SF
    Added:
    Aug 29, 2025
    Days on Market:
    305
    Last Refresh:
    Jun 29 at 10:06 pm

    Property Features for 411 W 1st Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Zoning
    Office
    Interior features
    Mini-Kitchen
    Exterior features
    Pole Sign
    Standard status
    Active
    APN
    660007145
    Size
    1,924 SF
    Lot size
    0.31 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    WLY 42' LOT 1 BLOCK 137 CLAREMORE O T
    Tax Annual Amount
    1345

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1981
    Building materials
    Brick
    Roof type
    Composition

    We can help!

    Contact an agent
    Devi I Allison

    Listing agent Devi I Allison License #131244

    Listing office Nees Realty LLC 1309 N Willow Drive, Claremore, OK

    Listing date Aug 29, 2025

    MLS# 2536455

    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.

    HighLights

    • Directly across from Rogers County Courthouse
    • Exceptional investment opportunity or owner‑user potential
    • Almost 2,000 sf of office space
    • Includes 5 office spaces
    • Reception‑lobby area
    • Brick construction

    Overview

    This commercial office building, located directly across from the Rogers County Courthouse, offers an investment opportunity or space for an owner-user. The building contains approximately 1,924 square feet of space, including five offices, two bathrooms, a kitchenette, a reception-lobby area, and a multi-purpose room. The property is situated on a 0.31-acre lot within Claremore's commercial district.

    Local Financial Insights For Office B

    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 $37.6k $19.56
    − Vacancy −$3.8k −$1.98
    EGI $33.8k $17.58
    − OpEx −$8.5k −$4.40
    NOI $25.4k $13.19
    1,924 SF · lease $19.56/SF/yr · vacancy 10.10% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $362.5K
    $317.2K – $422.9K (±1% cap)
    NOI $25,374 @ 7.0% cap · market cap 6.51%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Specialty Retail
    $481.9K
    $421.7K – $562.2K (±1% cap)
    NOI $33,732 @ 7.0% cap · market cap 8.65%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Farmers Insurance - Daniel ... Insurance Agency Mac McMillan Farmers ... Insurance Agency

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Claremore
    County
    Rogers
    State
    Oklahoma
    Longitude
    -95.607135
    Latitude
    36.306352

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    FAQs

    What type of property is this?
    Office building - Office building with five offices, kitchenette, and reception area.
    Where is this office building located?
    The property is located at 411 W 1st Street Claremore, OK.
    What is the asking price?
    The asking price for this property is $390,000.
    What are key features of this property?
    This property features: Directly across from Rogers County Courthouse; Exceptional investment opportunity or owner‑user potential; Almost 2,000 sf of office space
    (918) 688-6857
    We can help!
    Contact an agent
    Devi I Allison
    Real Estate License ID: 131244
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