Remodeled Office
For Sale
Contact for pricing
1-1907 N 11th St, Muskogee, OK 74401
Remodeled office building with three entrances, multiple HVAC units, and conference/assembly space, plus unfinished upstairs expansion.
Property Size5,758 SF
Price / SF$0.50
Days on Market181
Property Features for 1-1907 N 11th St
General Information
Standard status
Active
Size
5,758 SF
Zoning
C-2
Taxes and HOA fees
Annual Taxes
$1,566
Building Details
Stories
2
Listing Agency:
Interstate Properties, Inc.
(918) 682-1119
Listed By:
Holly Rosser-Miller · License #147151
(918) 348-9848
Source:
Exprealty
Added: Apr 21
Changed: Oct 5
Last Checked: Oct 16 at 2:43PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Interstate Properties, Inc.
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Investment Insights
Based on property information with market context.
This remodeled office building offers a ground-floor layout with three entrances and two additional service entrances. The interior includes a dozen rooms suited for flexible office configurations, along with a large 15' x 35' conference/assembly space. Improvements include five HVAC units, insulated TPO roofing, updated bathrooms, flooring, and paint. An upstairs area adds approximately 1,273 square feet of climate-controlled unfinished space for expansion or storage.
The property is located on N 11th St in Muskogee and is zoned C-2. It is described as being in the Shawnee Bypass corridor and sits a few minutes south of a Chick-fil-A on N 11th St.
With a professional exterior and multiple entry points, the building is designed to accommodate a range of office uses under the C-2 zoning designation.
The property is located on N 11th St in Muskogee and is zoned C-2. It is described as being in the Shawnee Bypass corridor and sits a few minutes south of a Chick-fil-A on N 11th St.
With a professional exterior and multiple entry points, the building is designed to accommodate a range of office uses under the C-2 zoning designation.
Key Highlights
- Remodeled office building with 4,485 SF ground‑floor space and multiple entrances, plus unfinished upstairs expansion/storage.
- C‑2 zoning offers a range of commercial uses per the zoning designation.
- Ground floor includes a 15' x 35' conference/assembly room and a dozen rooms for flexible use.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,497
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,249,940
$1.2M
Cap Rate 7%
$892,814
$892.8K
Cap Rate 9%
$694,411
$694.4K
Market Conditions
NOI Build-Up for 5,758 SF
Gross rent
$103.6K $18.00/SF
− Vacancy
−$20.3K −$3.53/SF
EGI
$83.3K $14.47/SF
− OpEx
−$20.8K −$3.62/SF
NOI
$62.5K $10.85/SF
Area
Muskogee County, OK
Vacancy
19.60%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,249,940
Cap Rate 7%
$892,814
Cap Rate 9%
$694,411
Alternative Uses
Best Use
Office B
$892.8K
$781.2K – $1.04M
NOI $62,497 @ 7.0% cap · market cap 2,155.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.21M
$1.05M – $1.41M
NOI $84,365 @ 7.0% cap · market cap 2,909.14%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
728
Businesses Nearby
Explore this area
Business Placement
Demographics for 74401, OK
16,181
Population
7,818
Households
2.1
Avg Household Size
40
Median Age
16%
College-Educated
85%
High-School Grad
110.9 sq mi
ZIP Area
146
Density / Sq Mi
$39,767
Median Household Income
$32,700
Median Earnings
$827
Median Rent
$122,300
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office units - Remodeled office building with three entrances, multiple HVAC units, and conference/assembly space, plus unfinished upstairs expansion.
Where is this office units located?
The property is located at 1-1907 N 11th St Muskogee, OK.
What are key features of this property?
This property features: Remodeled office building with 4,485 SF ground‑floor space and multiple entrances, plus unfinished upstairs expansion/storage.; C‑2 zoning offers a range of commercial uses per the zoning designation.; Ground floor includes a 15' x 35' conference/assembly room and a dozen rooms for flexible use.
