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Catoosa Office/Retail/Medical Space
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2310 N Old Hwy 66, Catoosa, OK 74015

7,546 SF space suitable for office, retail, or medical use.

Property Size7,546 SF
Price / SF$159.02
Days on Market612

Property Features for 2310 N Old Hwy 66

General Information

Standard status Active
Size 7,546 SF
Class B
Total Parking Spaces 50
Property subtype Retail, Office
Zoning CS
Lease Type Modified Gross

Building Details

Year Built 2006
Buildings 1
Stories 1
Listing Agency: Bauer & Associates
Listed By: Sheila Cooper · License #OK 152963
Source: Crexi
Added: Feb 11, 2025 Changed: Oct 6 Last Checked: Oct 14 at 8:04PM

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 Bauer & Associates

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Investment Insights

Based on property information with market context.

This 7,546 square foot commercial space in Catoosa, Oklahoma, is suitable for office, retail, or medical use.

Key Highlights

  • 7,546 SF of versatile space suitable for office, retail, or medical use.
  • Built in 2006, indicating relatively modern construction.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$105,911
Cap Rate
8.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,118,220 $2.1M
Cap Rate 7%
$1,513,014 $1.5M
Cap Rate 9%
$1,176,789 $1.2M
Market Conditions
NOI Build-Up for 7,546 SF
Gross rent
$160.3K $21.24/SF
− Vacancy
−$9.0K −$1.19/SF
EGI
$151.3K $20.05/SF
− OpEx
−$45.4K −$6.02/SF
NOI
$105.9K $14.04/SF
Area
Rogers County, OK
Vacancy
5.60%
Lease Rate
$21.24 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,118,220
Cap Rate 7%
$1,513,014
Cap Rate 9%
$1,176,789

Alternative Uses

Best Use
Retail
$1.51M
$1.32M – $1.77M (±1% cap)
NOI $105,911 @ 7.0% cap · market cap 8.83%
Second Best
Healthcare Medical
$1.51M
$1.32M – $1.76M (±1% cap)
NOI $105,881 @ 7.0% cap · market cap 8.82%
Theoretical Best
Specialty Retail
$1.89M
$1.65M – $2.20M (±1% cap)
NOI $132,296 @ 7.0% cap · market cap 11.02%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Lexington Lash Co. Hair Salon

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Law Firm Storage Facility Skin Care Clinic Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

146
Businesses Nearby
Balanced
Demand for This Use

Demographics for 74015, OK

8,270
Population
3,578
Households
2.3
Avg Household Size
41
Median Age
22%
College-Educated
88%
High-School Grad
60.3 sq mi
ZIP Area
137
Density / Sq Mi
$72,688
Median Household Income
$44,256
Median Earnings
$1,052
Median Rent
$211,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office space - 7,546 SF space suitable for office, retail, or medical use.
Where is this office space located?
The property is located at 2310 N Old Hwy 66 Catoosa, OK.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 7,546 SF of versatile space suitable for office, retail, or medical use.; Built in 2006, indicating relatively modern construction.
(918) 724-5140 Call to check price and availability
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