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

    2626 Harrison St Shawnee, OK 74804

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,250,000

    Spacious shop, office space, prime location.

    Property size:
    6,250 SF

    Property Features for 2626 Harrison St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    6,250 SF
    Lot Size
    39,204 SF

    Building Details

    Year Built
    1980

    We can help!

    Listing Contact
    Pam Vallandingham

    Listing Agency: Berkshire Hathaway-Benchmark Listing Agent: Pam Vallandingham

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional commercial property in Shawnee, Oklahoma, presents a significant opportunity for a variety of businesses. Boasting a substantial 6,250 square feet of space on a 0.9-acre lot, the building offers ample room for operations and future expansion. The robust red iron structure is a key feature, enhanced by 13 overhead doors (measuring 14x12 feet each) ensuring easy access for large vehicles and equipment. The building's foundation is exceptionally strong, built with 15-foot piers supporting each steel column and featuring 6-inch reinforced concrete floors with heavy rebar for superior durability. Inside, two built-in floor lifts facilitate efficient workflow, complemented by a large paint booth capable of accommodating vehicles up to one ton. Three industrial-grade heaters maintain a comfortable working environment throughout the year. Convenient rear parking is also provided. In addition to the expansive shop area, the property includes approximately 1,000 square feet of office space, equipped with heating, cooling, and air conditioning. A dedicated parts storage area further enhances organizational efficiency. The asking price is $1,250,000. Please note that the existing business and equipment are available for separate purchase.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    John's Wheel Alignment ... Auto Repair Shop

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Shawnee
    County
    Pottawatomie
    State
    Oklahoma
    Longitude
    -96.91241
    Latitude
    35.36076

    Nearby Similar for Sale

    • $299,000
      4,230 SF

      Adaptable Commercial Space in Shawnee

      Corner lot with flexible space near commercial corridor.
      3803 North Bryan Ave, Shawnee, OK 74804
      View Details
    • $205,000
      5,443 SF

      Shawnee Commercial Opportunity on Broadway

      Versatile commercial space ideal for retail or restaurant ventures.
      1525 N Broadway Ave, Shawnee, OK 74804
      View Details
    • Contact for pricing
      Pending

      High-Visibility Commercial Space in Shawnee

      Newer construction commercial space with flexible layout and excellent visibility.
      1610 N Harrison St, Shawnee, OK 74804
      View Details
    • $234,900
      Pending

      Commercial Opportunity Near Bethel School

      Three renovated office buildings on 0.87 acres near major highways.
      17105 Bethel Rd, Shawnee, OK 74801
      View Details
    • Contact for pricing

      Commercial Land in Shawnee, OK

      Commercial land suitable for small business or convenience store.
      1304 E Highland St, Shawnee, OK 74801
      View Details
    • $346,000
      2,850 SF

      Income-Producing Duplex in Shawnee, OK

      Side-by-side duplex with flexible leasing options in North Rock Creek.
      42904 Westech Rd, Shawnee, OK 74804
      View Details
    • $75,000
      1,973 SF

      Shawnee Triplex: Investor Special

      Triplex in Shawnee, OK: value-add opportunity with income potential.
      820 W Highland St, Shawnee, OK 74801
      View Details
    • $90,000
      1,973 SF

      Shawnee Triplex: Investor Special

      Shawnee triplex with income potential, ideal for value-add investors.
      820 W Highland St, Shawnee, OK 74801
      View Details
    • $395,000
      6,000 SF

      6,000 SF Commercial Warehouse

      Commercial warehouse on 0.92 acres, south of I-40.
      1540 N Mckinley Ave, Shawnee, OK 74801
      View Details
    • $879,500
      14,729 SF

      Corner Lot Warehouse For Sale

      Well-maintained warehouse building on a corner lot with ample parking.
      424 W 10Th St, Shawnee, OK 74801
      View Details
    • $400,000
      13,387 SF

      Industrial Property Near Downtown Shawnee

      13,000 SF industrial property with climate control and fenced yard.
      227 S Philadelphia Ave, Shawnee, OK 74801
      View Details
    • $260,000
      3,000 SF

      Industrial Property with Fenced Lot

      1,500 SF industrial space on 1.2-acre fenced lot.
      41805 Wolverine Rd, Shawnee, OK 74804
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Spacious shop, office space, prime location.
    Where is this commercial real estate located?
    The property is located at 2626 Harrison St Shawnee, OK.
    What is the asking price?
    The asking price for this property is $1,250,000.
    (405) 517-8360
    Request Owner's contact information
    2626 Harrison St Shawnee, OK 74804
    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.
    2626 Harrison St
    Shawnee, OK 74804
    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
    2626 Harrison St Shawnee, OK 74804
    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
    Pam Vallandingham
    Real Estate License ID: 125453
    (405) 517-8360 (405) 275-8182 (800) 575-8182
    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!