Retail Building with Highway
1003 N Broadway Avenue Davenport, OK 74026
1003 N Broadway Avenue, Davenport, OK, 74026
$210,000
For Sale
$210,000
SINGLE_FAMILY - Davenport, OK
Property Size1,800 SF
Lot Size0.31 Acres
Price / SF$116.67
Days on Market34
Property Features for 1003 N Broadway Avenue
General Information
- Property type
- Residential
- Property subtype
- Retail
- Zoning
- Commercial
- Standard status
- Active
- APN
- 1003NBroadway74026
- Size
- 1,800 SF
- Lot size
- 0.31 Acres
Building Details
- Year built
- 2017
- Floors in Building
- 1
- Building materials
- Metal Siding
Listing agency
RE/MAX Realty Plus Inc
(405) 258-0857
Listed by
Madison Miller
(405) 240-3884
Added: Jun 19 Checked: Jul 22 at 11:06AM
MLS# 1235433
Copyright © 2026 MLSOK, 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.
Built in 2017, this approximately 1,800-square-foot commercial building is currently operating as a flower shop. The interior offers a flexible layout that can accommodate a range of retail, office, or service-based uses, with the option to continue floral operations. The seller may consider negotiating inventory and equipment separately for qualified buyers looking to carry on the existing business.
The property sits on 0.31 acres with Highway 66 frontage, providing visibility and straightforward customer access. The building is located in Davenport, Oklahoma, along historic Route 66.
For tenants or buyers seeking an adaptable storefront with ready-to-operate retail functionality, this property supports continued specialty retail use while also offering room to reconfigure for other concepts within a commercial zoning framework. Its maintained condition and accessible layout make it a practical fit for operators looking for a single building that can serve as a shop, service location, or small office setting.
The property sits on 0.31 acres with Highway 66 frontage, providing visibility and straightforward customer access. The building is located in Davenport, Oklahoma, along historic Route 66.
For tenants or buyers seeking an adaptable storefront with ready-to-operate retail functionality, this property supports continued specialty retail use while also offering room to reconfigure for other concepts within a commercial zoning framework. Its maintained condition and accessible layout make it a practical fit for operators looking for a single building that can serve as a shop, service location, or small office setting.
Key Highlights
- Commercial building built in 2017 with metal siding
- Approximately 1,800 sq. ft. building currently operating as a flower shop
- Highway 66 frontage along historic Route 66
Local 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 | $27.0k | $15.00 |
| − Vacancy | −$1.4k | −$0.75 |
| EGI | $25.7k | $14.25 |
| − OpEx | −$7.7k | −$4.27 |
| NOI | $18.0k | $9.98 |
1,800 SF · lease $15.00/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$256.5K
$224.4K – $299.3K
NOI $17,955 @ 7.0% cap · market cap 8.55%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$435.1K
$380.7K – $507.6K
NOI $30,456 @ 7.0% cap · market cap 14.50%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
FAQs
What type of property is this?
Retail space - Versatile 2017-built retail building on Highway 66, currently operating as a flower shop.
Where is this retail space located?
The property is located at 1003 N Broadway Avenue Davenport, OK.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: Commercial building built in 2017 with metal siding; Approximately 1,800 sq. ft. building currently operating as a flower shop; Highway 66 frontage along historic Route 66
