Highway-Frontage
New
For Sale
$295,000
115 N Elm Street, Oologah, OK 74053
Commercial, Oologah, OK
Property Size1,080 SF
Lot Size1.00 Acre
Price / SF$273.15
Days on Market3
Property Features for 115 N Elm Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Parking features
Off Street
Interior features
9' Ceiling Height, Display Window, High Speed Internet, Mini-Kitchen, Satellite Dish Wired
Exterior features
Lighting, Sidewalk
Subdivision
OOLOGAH OT
Elementary school district
Oologah-Talala - Sch Dist (21)
Middle school district
Oologah-Talala - Sch Dist (21)
High school district
Oologah-Talala - Sch Dist (21)
Directions
Hwy 169 N. of Owasso to Oologah. 1 block North of downtown Oologah, hwy frontage, building North of Rogers Mini Stop Convenience Store.
Standard status
Active
APN
0024001
Size
1,080 SF
Lot size
1.00 Acre
Taxes and HOA fees
Tax Year
2025
Tax Description
Lot 1 Block 12 Oologah O T
Tax Annual Amount
728
Legal Description
Lot 1 Block 12 Oologah O T
Utilities
Heating system
Central
Cooling system
Central Air
Amenities
off-street parking
Building Details
Year built
1982
Floors in Building
1
Flooring type
Concrete, Tile
Building materials
Concrete
Roof type
Metal
Listing Agency:
RE/MAX Results · RE/MAX International
(918) 376-6400
Listed By:
Tonya Jarvis · License #174887
(918) 527-4290
Added: Oct 29
Last Checked: Oct 31 at 9:06PM
MLS# 2638480
Copyright © 2026 MLS Technology, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1,080-square-foot storefront sits on a 1-acre parcel and was built in 1982. The concrete building has a display window, concrete and tile flooring, a mini-kitchen, and a 9-foot ceiling. Central heating and air conditioning serve the interior, and the roof is metal. Existing fixtures, furnishings, and equipment are included in the sale; inventory is excluded.
The property has frontage on Highway 169 and is located at 115 N Elm Street in Oologah, Oklahoma. Off-street parking, exterior lighting, and a sidewalk are among its site features. The zoning is Commercial.
The property has frontage on Highway 169 and is located at 115 N Elm Street in Oologah, Oklahoma. Off-street parking, exterior lighting, and a sidewalk are among its site features. The zoning is Commercial.
Key Highlights
- 1,080‑square‑foot storefront on a 1‑acre parcel
- Frontage on Highway 169
- Commercial zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,158
Cap Rate
5.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$303,160
$303.2K
Cap Rate 7%
$216,543
$216.5K
Cap Rate 9%
$168,422
$168.4K
Market Conditions
NOI Build-Up for 1,080 SF
Gross rent
$22.9K $21.24/SF
− Vacancy
−$1.3K −$1.19/SF
EGI
$21.7K $20.05/SF
− OpEx
−$6.5K −$6.02/SF
NOI
$15.2K $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%
$303,160
Cap Rate 7%
$216,543
Cap Rate 9%
$168,422
Alternative Uses
Best Use
Retail
$216.5K
$189.5K – $252.6K
NOI $15,158 @ 7.0% cap · market cap 5.14%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$270.5K
$236.7K – $315.6K
NOI $18,935 @ 7.0% cap · market cap 6.42%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
131
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 74053, OK
4,962
Population
1,986
Households
2.5
Avg Household Size
37
Median Age
19%
College-Educated
92%
High-School Grad
41.4 sq mi
ZIP Area
120
Density / Sq Mi
$85,957
Median Household Income
$36,479
Median Earnings
$951
Median Rent
$213,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Storefront property - The commercial space includes existing fixtures, furnishings, and equipment; inventory is excluded from the sale.
Where is this storefront property located?
The property is located at 115 N Elm Street Oologah, OK.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: 1,080‑square‑foot storefront on a 1‑acre parcel; Frontage on Highway 169; Commercial zoning
