Muskogee Commercial Property on
627 S 32nd Street Muskogee, OK 74401
For Sale
$379,500
COMMERCIAL - Muskogee, OK
Property Size2,310 SF
Lot Size0.36 Acres
Price / SF$164.29
Days on Market129
Property Features for 627 S 32nd Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- E1
- Exterior features
- Pole Sign
- Standard status
- Active
- APN
- 510012231
- Size
- 2,310 SF
- Lot size
- 0.36 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LOT 7 BLOCK 2 Elmwood Place
- Tax Annual Amount
- 3169
Utilities
- Heating system
- Space Heater
Building Details
- Year built
- 1984
- Flooring type
- Concrete
- Building materials
- Brick
- Roof type
- Metal
Listing Agency:
Interstate Properties, Inc.
(918) 682-1119
Listed By:
Earnie Gilder · License #45081
(918) 682-1119
Added: Mar 18
Changed: May 14
Last Checked: Jul 24 at 7:06AM
MLS# 2609690
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 highly visible commercial property is located in Muskogee, Oklahoma, and features 140 feet of frontage along Highway 69. The property is currently a fully functional oil lube and repair shop, suitable for continued automotive use. The building includes two drive-thru bays with undercarriage access designed for oil changes and similar services. The south end of the building has two overhead doors, providing access for vehicle repairs or detailing. One side of the larger space is equipped with a car lift to facilitate repairs. The property is situated in an excellent location with high daily traffic traveling north and south through Muskogee. The building has a total area of 2310 square feet and is situated on a 0.357-acre lot. All equipment is included in the purchase. The property is zoned E1.
Key Highlights
- High‑visibility commercial property with 140 ft frontage on Hwy 69.
- Fully functional oil lube & repair shop with equipment included.
- Two drive‑thru bays with undercarriage access.
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 | $34.7k | $15.00 |
| − Vacancy | −$901 | −$0.39 |
| EGI | $33.7k | $14.61 |
| − OpEx | −$10.1k | −$4.38 |
| NOI | $23.6k | $10.23 |
2,310 SF · lease $15.00/SF/yr · vacancy 2.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$337.5K
$295.3K – $393.7K
NOI $23,624 @ 7.0% cap · market cap 6.23%
Second Best
Industrial
$165.8K
$145.1K – $193.4K
NOI $11,604 @ 7.0% cap · market cap 3.06%
Theoretical Best
Office A
$483.5K
$423.1K – $564.1K
NOI $33,845 @ 7.0% cap · market cap 8.92%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Legendary Lube and Oil
Auto Repair Shop
Similar Off Market Nearby
- GUARDIAN INTERLOCK OF MUSKOGEE — 806 S 32nd St, Muskogee, OK 74401
- Legendary Lube and Oil — 627 S 32nd St, Muskogee, OK 74401
- Crowder Auto Glass — 1109 S 23rd St, Muskogee, OK 74401
- EM Express Tire Shop LLC #2 — 500 S 32nd St, Muskogee, OK 74401
FAQs
What type of property is this?
Auto shop - Functional oil lube and repair shop on a highway.
Where is this auto shop located?
The property is located at 627 S 32nd Street Muskogee, OK.
What is the asking price?
The asking price for this property is $379,500.
What are key features of this property?
This property features: High‑visibility commercial property with **140 ft frontage on Hwy 69.**; Fully functional oil lube & repair shop with equipment included.; Two drive‑thru bays with undercarriage access.
