Historic Two-Story Office
For Sale
Contact for pricing
111 S Muskogee Ave E, Claremore, OK 74017
Two-story office configuration with separate entry points, restrooms, a private patio, and shared kitchen access.
Property Size1,500 SF
Price / SF$1.36
Days on Market97
Property Features for 111 S Muskogee Ave E
General Information
Standard status
Active
Size
1,500 SF
Amenities
shared kitchen/common area
private patio
Building Details
Year Built
1923
Buildings
1
Stories
2
Building Size
1,500 SF
Tenancy
Multi
Listing Agency:
Solid Rock, REALTORS
Listed By:
Susan Lucas · License #181942
(918) 200-9755
Source:
Thewolekgroup
Added: Aug 2
Changed: Oct 25
Last Checked: Oct 7 at 5:28PM
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 Solid Rock, REALTORS
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office unit occupies a 1923 two-story building and provides 1,500 square feet in total, including 900 square feet on the lower level. The downstairs arrangement includes front and rear entry doors, two restrooms, and a private patio. The upper level offers 600 square feet that can be configured as four office spaces, while the layout can also be divided for partial occupancy.
Occupants have access to a shared kitchen and common area. Street parking serves clients and employees, and the space is described as suitable for either immediate occupancy or build-to-suit improvements. The property is located at 111 S Muskogee Avenue E in Claremore, Oklahoma.
Occupants have access to a shared kitchen and common area. Street parking serves clients and employees, and the space is described as suitable for either immediate occupancy or build-to-suit improvements. The property is located at 111 S Muskogee Avenue E in Claremore, Oklahoma.
Key Highlights
- 1,500 square feet total with 900 square feet downstairs and 600 square feet upstairs
- 1923 two‑story office building
- Four office spaces can be configured upstairs
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,869
Suggested Prices Based on Cap Rates
Cap Rate 5%
$237,380
$237.4K
Cap Rate 7%
$169,557
$169.6K
Cap Rate 9%
$131,878
$131.9K
Market Conditions
NOI Build-Up for 900 SF
Gross rent
$17.6K $19.56/SF
− Vacancy
−$1.8K −$1.98/SF
EGI
$15.8K $17.58/SF
− OpEx
−$4.0K −$4.40/SF
NOI
$11.9K $13.19/SF
Area
Rogers County, OK
Vacancy
10.10%
Lease Rate
$19.56 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$237,380
Cap Rate 7%
$169,557
Cap Rate 9%
$131,878
Alternative Uses
Best Use
Office B
$169.6K
$148.4K – $197.8K
NOI $11,869 @ 7.0% cap · market cap 968.90%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$225.4K
$197.2K – $263.0K
NOI $15,779 @ 7.0% cap · market cap 1,288.08%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,120
Businesses Nearby
Explore this area
Business Placement
Demographics for 74017, OK
29,083
Population
12,038
Households
2.4
Avg Household Size
40
Median Age
23%
College-Educated
92%
High-School Grad
140.5 sq mi
ZIP Area
207
Density / Sq Mi
$65,519
Median Household Income
$38,165
Median Earnings
$1,015
Median Rent
$184,400
Median Home Value
Market
Average Price Trend$/SF for Office Units in Rogers County, OK
Properties on Market for Office Units in Rogers County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Two-story office configuration with separate entry points, restrooms, a private patio, and shared kitchen access.
Where is this office unit located?
The property is located at 111 S Muskogee Ave E Claremore, OK.
What are key features of this property?
This property features: 1,500 square feet total with 900 square feet downstairs and 600 square feet upstairs; 1923 two‑story office building; Four office spaces can be configured upstairs
