Fenced Lot with Warehouse
For Sale
Contact for pricing
Pending
117 N Pettit Ave, Hominy, OK 74035
As-is warehouse building on two parcels, with a fenced garden area on site.
Property Size1,120 SF
Days on Market456
Property Features for 117 N Pettit Ave
General Information
Standard status
Pending
Size
1,120 SF
Taxes and HOA fees
Annual Taxes
$133
Listing Agency:
Keller Williams Advantage
(918) 712-2252
Listed By:
Lisa Dewitt · License #157849
(918) 637-0507
Source:
Exprealty
Added: Jul 24, 2025
Changed: Oct 6
Last Checked: Oct 20 at 11:54PM
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 Advantage
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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.
The offering includes a warehouse building measuring 14 by 80 feet, totaling 1,120 square feet, and is being sold as-is, where-is. The property also features a fenced garden spot.
The warehouse and garden amenities are part of two parcels being sold together, providing a single purchase opportunity for the combined land and improvements.
The asset is recorded as 1,120 square feet in Osage Court Records and is presented for a new owner to make use of the existing improvements at transfer.
The warehouse and garden amenities are part of two parcels being sold together, providing a single purchase opportunity for the combined land and improvements.
The asset is recorded as 1,120 square feet in Osage Court Records and is presented for a new owner to make use of the existing improvements at transfer.
Key Highlights
- 1120 sq. ft. building (14x80 ft.) on the property per Osage Court Records
- Built in 1978
- As‑is, where is sale
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,138
Suggested Prices Based on Cap Rates
Cap Rate 5%
$362,760
$362.8K
Cap Rate 7%
$259,114
$259.1K
Cap Rate 9%
$201,533
$201.5K
Market Conditions
NOI Build-Up for 1,120 SF
Gross rent
$23.8K $21.24/SF
− Vacancy
−$2.5K −$2.19/SF
EGI
$21.3K $19.05/SF
− OpEx
−$3.2K −$2.86/SF
NOI
$18.1K $16.19/SF
Area
Osage County, OK
Vacancy
10.30%
Lease Rate
$21.24 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$362,760
Cap Rate 7%
$259,114
Cap Rate 9%
$201,533
Alternative Uses
Best Use
Warehouse
$259.1K
$226.7K – $302.3K
NOI $18,138 @ 7.0% cap · market cap 181.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$275.4K
$241.0K – $321.3K
NOI $19,279 @ 7.0% cap · market cap 192.79%
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
Location Intelligence
Trade Area within ½ mile
193
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 74035, OK
4,288
Population
1,573
Households
2.7
Avg Household Size
40
Median Age
11%
College-Educated
78%
High-School Grad
234.5 sq mi
ZIP Area
18
Density / Sq Mi
$46,026
Median Household Income
$30,184
Median Earnings
$677
Median Rent
$99,700
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 Industrial in South region
Similar Off Market Nearby
- Hominy RV & Boat Storage Park — 123 N Regan Ave, Hominy, OK 74035
Frequently Asked Questions
What type of property is this?
Warehouse - As-is warehouse building on two parcels, with a fenced garden area on site.
Where is this warehouse located?
The property is located at 117 N Pettit Ave Hominy, OK.
What are key features of this property?
This property features: 1120 sq. ft. building (14x80 ft.) on the property per Osage Court Records; Built in 1978; As‑is, where is sale
