Automotive Parts
For Sale
$950,000
10950 Highway 76, Healdton, OK 73438
Established store serving automotive, truck, agricultural, and oilfield parts customers.
Property Size6,728 SF
Price / SF$141.20
Days on Market18
Property Features for 10950 Highway 76
General Information
Standard status
Active
Size
6,728 SF
Additional Details
Business Included
Yes
Building Details
Year Built
1940
Listing Agency:
Keller Williams Realty Elite
(405) 354-4888
Listed By:
Melissa Fryar
Source:
Alloverok
Added: Aug 15
Changed: Aug 31
Last Checked: Aug 31 at 7:08PM
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 Keller Williams Realty Elite
Investment Insights
Based on property information with market context.
This established automotive and truck parts store is located at 10950 Highway 76 in Healdton, Oklahoma. The operation also includes current agricultural and oilfield parts sales, providing a broader product mix within the automotive-oriented business.
The property was built in 1940 and offers space for inventory expansion or related commercial uses. Its Highway 76 address provides a clear location for continued parts retail operations.
The property was built in 1940 and offers space for inventory expansion or related commercial uses. Its Highway 76 address provides a clear location for continued parts retail operations.
Key Highlights
- Established automotive and truck parts store
- Current agricultural and oilfield parts sales
- Located at 10950 Highway 76, Healdton, OK 73438
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$54,707
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.76%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
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.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
NOI $89,729 @ 7.0% cap · market cap 9.45%
Second Best
Retail
$781.5K
$683.8K – $911.8K
NOI $54,707 @ 7.0% cap · market cap 5.76%
Theoretical Best
Office A
$1.73M
$1.51M – $2.01M
NOI $120,781 @ 7.0% cap · market cap 12.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
5
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Automotive property - Established store serving automotive, truck, agricultural, and oilfield parts customers.
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: Established automotive and truck parts store; Current agricultural and oilfield parts sales; Located at 10950 Highway 76, Healdton, OK 73438
