Service Repair Garage
W Old Highway 33 Drumright, OK 74030
New
For Sale
$300,000
COMMERCIAL - Drumright, OK
Property Size5,000 SF
Lot Size3.82 Acres
Price / SF$60
Days on Market1
Property Features for W Old Highway 33
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- UC
- Standard status
- Active
- APN
- 9999-04-017-007-0-015-00
- Size
- 5,000 SF
- Lot size
- 3.82 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- See Attached
- Tax Annual Amount
- 2029
Utilities
- Heating system
- Space Heater
- Cooling system
- Central Air
Building Details
- Year built
- 2004
- Building materials
- Steel
- Roof type
- Metal
Listing Agency:
Keller Williams Advantage
(918) 712-2252
Listed By:
BC Flanigan
(918) 409-1603
Added: Jul 23
Last Checked: Jul 23 at 11:06PM
MLS# 2626260
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 commercial service property includes a 5,000 SF pre-engineered steel building on 3.82 acres. The structure is currently configured as a service repair garage with overhead doors, shop space, and office potential. The property is being sold as-is.
Access is provided via direct Highway 33 entry in Drumright, OK, supporting day-to-day operational needs for service and storage uses. The property is zoned UC (Urban Commercial).
The existing layout can accommodate contractor-oriented workflows, equipment storage, and related building trades or other commercial uses permitted under the Urban Commercial zoning designation.
Access is provided via direct Highway 33 entry in Drumright, OK, supporting day-to-day operational needs for service and storage uses. The property is zoned UC (Urban Commercial).
The existing layout can accommodate contractor-oriented workflows, equipment storage, and related building trades or other commercial uses permitted under the Urban Commercial zoning designation.
Key Highlights
- 3.82‑acre commercial service property with direct Highway 33 access in Drumright
- 5,000 SF pre‑engineered steel building (Year Built 2004) with metal roof
- Currently configured as a service/repair garage with overhead doors and shop space
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 | $35.4k | $7.08 |
| − Vacancy | −$1.1k | −$0.21 |
| EGI | $34.3k | $6.87 |
| − OpEx | −$10.3k | −$2.06 |
| NOI | $24.0k | $4.81 |
5,000 SF · lease $7.08/SF/yr · vacancy 3.00% · expense 30.00%
Alternative Uses
Best Use
Warehouse
$417.0K
$364.8K – $486.5K
NOI $29,187 @ 7.0% cap · market cap 9.73%
Second Best
Industrial
$343.4K
$300.5K – $400.6K
NOI $24,037 @ 7.0% cap · market cap 8.01%
Theoretical Best
Office A
$1.23M
$1.08M – $1.43M
NOI $86,069 @ 7.0% cap · market cap 28.69%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Auto shops
FAQs
What type of property is this?
Auto shop - 5,000 SF pre-engineered steel garage on 3.82 acres with overhead doors and office potential.
Where is this auto shop located?
The property is located at W Old Highway 33 Drumright, OK.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 3.82‑acre commercial service property with direct Highway 33 access in Drumright; 5,000 SF pre‑engineered steel building (Year Built 2004) with metal roof; Currently configured as a service/repair garage with overhead doors and shop space
