Building Details

Year built 1940

Listing Agency: Keller Williams Realty Elite j***@kw.com Show Phone

Listed By: Melissa Fryar Show Phone

Added: Aug 8 Changed: Sep 30 Last Checked: Oct 7 at 2:06PM

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MLS# 1243642

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.

The offering includes a 6,728-square-foot commercial property on 0.25 acres, constructed in 1940 and currently operated as an automotive and truck parts store. The business handles parts sales serving agricultural and oilfield customers, alongside its automotive and truck inventory.

Located at 10950 Highway 76 in Healdton, Oklahoma, the property carries Commercial zoning. Its existing use provides a defined automotive retail platform within a freestanding commercial building, with the current operation and product mix forming the basis of the offering.

Key Highlights

• 6,728‑square‑foot property on 0.25 acres
• Current automotive and truck parts store operation
• Parts sales serving agricultural and oilfield customers

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$54,707

Cap Rate

5.76%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,094,140 $1.1M

Cap Rate 7%

$781,529 $781.5K

Cap Rate 9%

$607,856 $607.9K

Market Conditions

NOI Build-Up for 6,728 SF

Gross rent

$88.8K $13.20/SF

− Vacancy

−$10.7K −$1.58/SF

EGI

$78.2K $11.62/SF

− OpEx

−$23.4K −$3.48/SF

NOI

$54.7K $8.13/SF

Area

Carter County, OK

Vacancy

12.00%

Lease Rate

$13.20 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,094,140

Cap Rate 7%

$781,529

Cap Rate 9%

$607,856

Alternative Uses

Best Use

Industrial

$1.28M

$1.12M – $1.50M (±1% cap)

NOI $89,729 @ 7.0% cap · market cap 9.45%

Second Best

Retail

$781.5K

$683.8K – $911.8K (±1% cap)

NOI $54,707 @ 7.0% cap · market cap 5.76%

Theoretical Best

Office A

$1.73M

$1.51M – $2.01M (±1% cap)

NOI $120,781 @ 7.0% cap · market cap 12.71%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick HVAC Service Electrical Service Bakery Pharmacy (Bike/Boat/Book/etc) Store Real Estate Agency

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

Lease Details

Turnkey business

Opportunity

Location Intelligence

Trade Area within ½ mile

159

Businesses Nearby

16k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 56% Shops & Services 44%

SONIC Drive In Dining

6,123 visits/mo 0.1 miles

Dollar General Shops & Services

3,977 visits/mo 0.1 miles

Family Dollar Shops & Services

2,752 visits/mo 0.2 miles

SUBWAY Dining

1,740 visits/mo 0.3 miles

Daylight Donuts Dining

980 visits/mo 0.3 miles

Demographics for 73438, OK

2,888

Population

1,562

Households

1.8

Avg Household Size

42

Median Age

15%

College-Educated

83%

High-School Grad

70.4 sq mi

ZIP Area

41

Density / Sq Mi

$50,542

Median Household Income

$34,254

Median Earnings

$845

Median Rent

$70,900

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Questions? Ask Rey

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What type of property is this? Where is this automotive properties located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Automotive property - Commercially zoned property supporting automotive and truck parts operations.

Where is this automotive property located?

The property is located at 10950 Highway 76 Healdton, OK.

What is the asking price?

The asking price for this property is $950,000.

What are key features of this property?

This property features: 6,728‑square‑foot property on 0.25 acres; Current automotive and truck parts store operation; Parts sales serving agricultural and oilfield customers