14617 NE 20th Street, Choctaw, OK 73020
Commercial office building in Choctaw Creek Business Park.
- Added:
- Oct 21, 2024
- Days on Market:
- 602
- Last Refresh:
- May 12 at 9:14 pm
Property Features for 14617 NE 20th Street
General Information
- Standard status
- Active
- Size
- 3,212 SF
- Property subtype
- Office
Building Details
- Year Built
- 2013
Listing agent Shane Willard
Listing office Century 21 Judge Fite Company (405) 736-0127
Listing date Oct 21, 2024
Source Xome
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 Century 21 Judge Fite Company
HighLights
- Prime commercial property in the desirable Choctaw Creek Business Park.
- Built in 2013, offering modern construction and amenities.
- 3,212 square feet of office space suitable for various businesses.
- Prominent corner lot location provides excellent visibility and accessibility.
- Three separate office spaces offer flexible usage options.
- Minutes from downtown Choctaw, close to shopping, dining, and amenities.
Overview
Local Financial Insights For Office B
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 | $53.6k | $16.68 |
| − Vacancy | −$5.1k | −$1.60 |
| EGI | $48.4k | $15.08 |
| − OpEx | −$12.1k | −$3.77 |
| NOI | $36.3k | $11.31 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Choctaw
- County
- Oklahoma
- State
- Oklahoma
- Longitude
- -97.271984
- Latitude
- 35.489182
