22605 Highway 75, Okmulgee, OK
Highway frontage property with showroom, living unit, and shop.
- Added:
- Mar 8, 2022
- Days on Market:
- 1559
- Last Refresh:
- May 20 at 8:28 pm
Property Features for 22605 Highway 75
General Information
- Standard status
- Active
- Size
- 1,920 SF
- Lot size
- 11.18 Acres
- Property subtype
- INDUSTRIAL
Listing agent Keng Thao (586) 808-0050
Listing office (586) 808-0050
Listing date Mar 8, 2022
Source Moodyscre
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 Keng Thao
HighLights
- Highway frontage with 11 +/- acres and a stocked pond.
- 5000 sqft facility with showroom and storefront.
- Includes a 1 bed, 2 bath living unit.
- Newly built 800 sqft shop with its own septic setup.
- Currently used as an income‑producing dealership.
- Endless opportunities for various uses.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $32.3k | $16.80 |
| − Vacancy | −$1.9k | −$1.01 |
| EGI | $30.3k | $15.79 |
| − OpEx | −$9.1k | −$4.74 |
| NOI | $21.2k | $11.05 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Okmulgee
- County
- Okmulgee
- State
- Oklahoma
- Longitude
- -95.9561
- Latitude
- 35.5241
