Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    709 E Downing St Tahlequah, OK 74464

    View on Map
    Sponsored
    For Sale
    $680,000

    COMMERCIAL - Tahlequah, OK

    Property size:
    2,164 SF
    Lot size:
    0.25 Acres
    Days on Market:
    17
    Last Refresh:
    Mar 6 at 7:06 am

    Property Features for 709 E Downing St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    COM'L BLDG
    APN
    3380-00-001-008-0-000-00
    Parking features
    Carport, Covered
    Interior features
    9' Ceiling Height, Cable TV Wired, High Speed Internet, Mini-Kitchen, Public Restrooms, Smoke Detector
    Size
    2,164 SF
    Lot size
    0.25 Acres

    Utilities

    Utilities
    Cable Available
    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    2012
    Flooring type
    Tile
    Building materials
    Brick
    Roof type
    Composition

    We can help!

    Listing Contact
    Holly Berry
    Holly Berry

    Keller WIlliams Realty Advantage (918) 712-2252

    Listing agent Holly Berry (918) 781-2563

    Listing date Feb 18, 2026

    MLS# 2600570

    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.

    Learn more

    Property Insight Report

    Overview

    Tahlequah Medical Office Investment

    This well-maintained medical office building is located in Tahlequah, Oklahoma. It is offered as an investment opportunity with an existing tenant in place through April 2027. The main level features a welcoming front desk and waiting area, four exam rooms, two private offices, and four restrooms, providing efficient patient flow and functional clinical space. Durable finishes and built-in cabinetry support daily medical operations. The upper level includes three additional rooms, a secondary check-in desk, and a full bathroom with shower and sink, along with an additional 1/2 bath with sink area. This level allows for expanded services, administrative use, or flexible operational needs. The property is designed for efficiency with multiple treatment areas, ample restroom facilities, and a proven medical layout. The exterior offers convenient access and parking. The existing lease provides immediate income stability, making this an ideal acquisition for investors seeking a stabilized medical or professional office asset. The property is zoned COM'L BLDG and sits on a 0.252-acre lot. The property size is 2164 square feet; tax records do not reflect the 800 square feet on the second floor.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dr. Yahya M. ... Pediatrician Ahmad Pediatrics Medical Clinic Access Medical Clinic: ... Medical Clinic

    Suggested Use

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

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

    Similar Places Nearby

    Premier Pet Clinic, Pet Urgent Care of Northeastern Oklahoma

    Location Insight

    • Map
    • Local Demand
    City
    Tahlequah
    County
    Cherokee
    State
    Oklahoma
    Longitude
    -94.960965
    Latitude
    35.915434

    Nearby Similar for Sale

    • $1,450,000
      4,121 SF

      Remodeled Venue on Prime Acres

      Versatile 4,121 sq ft venue on 7 acres near town.
      1390 N Legion Dr, Tahlequah, OK 74464
      View Details
    • $399,000
      8,840 SF

      Tahlequah Commercial Building For Sale

      Spacious 8,800 sq ft commercial building in high-traffic area.
      1598 Park Hill Rd, Tahlequah, OK 74464
      View Details
    • $1,450,000
      7.00 Acres

      Versatile Venue on Seven Acres

      Remodeled commercial venue near Illinois River with endless possibilities.
      1390 N Legion Dr, Tahlequah, OK 74464
      View Details
    • $1,450,000
      4,121 SF

      Versatile Commercial Venue Near Tahlequah

      Remodeled 4,121 sq ft venue on 7 acres near Tahlequah.
      1390 N Legion Dr, Tahlequah, OK 74464
      View Details
    • $2,800,000

      Tahlequah Mixed-Use Property For Sale

      Mixed-use property available for purchase in Tahlequah, Oklahoma.
      1810 South Park Hill Rd, Tahlequah, OK 74464
      View Details
    • Contact for pricing

      NNN Retail Property For Sale

      NNN retail property with long-term lease and strong sales history.
      1905 S Muskogee Ave, Tahlequah, OK 74464
      View Details
    • Contact for pricing
      6,917 SF

      Tahlequah Parachute Plasma Investment Property

      NNN leased Parachute Plasma in Tahlequah, Oklahoma for sale.
      South Muskogee Ave, Tahlequah, OK 74464
      View Details
    • $4,644,560
      6,917 SF

      Tahlequah Medical Office Investment

      High-yield medical office, NNN lease, corporate guarantee.
      1501 Muskogee Ave, Tahlequah, OK 74464
      View Details
    • $950,000
      13,824 SF

      Tahlequah Retail Center - Huge Potential

      17 Acres, Two Buildings, High Visibility
      23591 Highway 51, Tahlequah, OK 74464
      View Details
    • $699,950
      3,600 SF

      Tahlequah Business Center Investment

      Profitable Multi-Building Facility, 3600 sq ft
      1200 Choctaw St, Tahlequah, OK 74464
      View Details
    • $598,000
      3.45 Acres

      Tahlequah Multi-Use Complex

      Income-producing property with residence
      15198 Highway 82, Tahlequah, OK 74464
      View Details
    • $799,900
      9,600 SF

      Tahlequah Warehouse & Land Opportunity

      Large warehouse, 9.92 acres, prime location.
      18843 Murrel Rd, Tahlequah, OK 74464
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - Well-maintained medical office building with existing tenant through April 2027.
    Where is this medical office space located?
    The property is located at 709 E Downing St Tahlequah, OK.
    What is the asking price?
    The asking price for this property is $680,000.
    What are key features of this property?
    This property features: - Existing tenant in place through April 2027 provides immediate income stability.; - Well-maintained medical office building designed for efficient patient flow and functional clinical space.; - Main level features a welcoming reception area, four exam rooms, two private offices, and four restrooms.
    (918) 781-2563
    Request Owner's contact information
    709 E Downing St Tahlequah, OK 74464
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    709 E Downing St
    Tahlequah, OK 74464
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    709 E Downing St Tahlequah, OK 74464
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Holly Berry
    Holly Berry
    Real Estate License ID: 180038
    (918) 781-2563 (918) 712-2252
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!