Highway-Front Flex
New
For Sale
$270,000
55968 Moccasin Tail Road, Prague, OK 74864
SINGLE_FAMILY - Prague, OK
Property Size600 SF
Lot Size1.23 Acres
Price / SF$150
Days on Market4
Property Features for 55968 Moccasin Tail Road
General Information
Property type
Residential
Property subtype
Office
Zoning
Agriculture
Directions
Just south of Prague, from Hwy 377/99, go W on Moccasin Trail Road and the property is on the N side of the road.
Standard status
Active
APN
55968NONEMoccasinTail74864
Size
1,800 SF
Lot size
1.23 Acres
Building Details
Year built
1995
Floors in Building
1
Listing Agency:
Pam Robinson Real Estate Inc
(405) 382-7653
Listed By:
Dillon Robinson
(405) 382-7653
Added: Aug 3
Last Checked: Aug 6 at 4:06AM
MLS# 1212101
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 1.23-acre flex property includes an approximately 600-square-foot office building and a roughly 1,200-square-foot shop, providing 1,800 square feet of existing improvements. The site is identified for retail, trade services, fleet operations, and light industrial use, with Agriculture zoning. Built in 1995, the improvements offer a practical starting point for an owner-user or operator seeking combined office and work-area functionality.
Positioned on a corner along Highway 99 / US 377, the property is 3.5 miles north of I-40. Access is provided by two entrances from the highway plus a third connection from Moccasin Trail. The parcel also includes additional land that may support future expansion, subject to applicable requirements.
Positioned on a corner along Highway 99 / US 377, the property is 3.5 miles north of I-40. Access is provided by two entrances from the highway plus a third connection from Moccasin Trail. The parcel also includes additional land that may support future expansion, subject to applicable requirements.
Key Highlights
- 1.23‑acre corner property with 1,800 SF of existing improvements
- Approximately 600 SF office building plus roughly 1,200 SF shop
- Three access points: two from Highway 99 and one from Moccasin Trail
Financial Insights For Flex RnD
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 | $37.8k | $21.00 |
| − Vacancy | −$3.4k | −$1.89 |
| EGI | $34.4k | $19.11 |
| − OpEx | −$12.0k | −$6.69 |
| NOI | $22.4k | $12.42 |
1,800 SF · lease $21.00/SF/yr · vacancy 9.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$319.4K
$279.5K – $372.7K
NOI $22,359 @ 7.0% cap · market cap 8.28%
Second Best
Retail
$256.5K
$224.4K – $299.3K
NOI $17,955 @ 7.0% cap · market cap 6.65%
Theoretical Best
Specialty Retail
$435.1K
$380.7K – $507.6K
NOI $30,456 @ 7.0% cap · market cap 11.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 74864, OK
5,334
Population
2,023
Households
2.6
Avg Household Size
42
Median Age
16%
College-Educated
88%
High-School Grad
117.6 sq mi
ZIP Area
45
Density / Sq Mi
$64,313
Median Household Income
$36,193
Median Earnings
$819
Median Rent
$165,600
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Office and shop improvements support retail, trade-service, fleet, or light industrial operations.
Where is this flex space located?
The property is located at 55968 Moccasin Tail Road Prague, OK.
What is the asking price?
The asking price for this property is $270,000.
What are key features of this property?
This property features: 1.23‑acre corner property with 1,800 SF of existing improvements; Approximately 600 SF office building plus roughly 1,200 SF shop; Three access points: two from Highway 99 and one from Moccasin Trail
