700 W Cherokee Street, Wagoner, OK 74467
COMMERCIAL - Wagoner, OK
Property Features for 700 W Cherokee Street
General Information
Taxes and HOA fees
Building Details
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Investment Insights
Based on property information with market context.
Situated at 700 W Cherokee Street in Wagoner, Oklahoma, the site offers approximately 150 feet of highway frontage. The property size is 2,622 square feet on a 0.554-acre lot, and it is zoned URBAN COMM.
Designed for on-site customer use, the bay-and-vacuum setup supports a streamlined car wash workflow with automated and manual service options within the existing improvements.
Key Highlights
- High‑traffic location ideal for a lucrative business venture.
- 150 feet of highway frontage provides excellent visibility.
- Six bays offer high capacity for car washing services.
Financial Insights For Industrial
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 | $18.6k | $7.08 |
| − Vacancy | −$557 | −$0.21 |
| EGI | $18.0k | $6.87 |
| − OpEx | −$5.4k | −$2.06 |
| NOI | $12.6k | $4.81 |
Alternative Uses
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Foot Traffic Nearby
Demographics for 74467, OK
Market
Vacancy Rate% for Retail in South region