Back to Search
Oktaha Commercial Property on Highway 69

12031 Oktaha Road Oktaha, OK 74450

12031 Oktaha Road, Oktaha, OK, 74450
$140,000
For Sale
Claim this Listing
$140,000

COMMERCIAL - Oktaha, OK

Property Size2,379 SF
Lot Size0.96 Acres
Price / SF$58.85
AddedNov 5, 2025
Days on Market252
Last RefreshJul 15 at 4:06 am

Property Features for 12031 Oktaha Road

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
nec
Interior features
9' Ceiling Height, Public Restrooms
Standard status
Active
APN
510025094
Size
2,379 SF
Lot size
0.96 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
T13N R17E S27 beg at intersection on N sec li & wely R/W HWY #69 W 292 s 276 to wrly R/W of hwy 69 nerly al R/W to POB
Tax Annual Amount
168

Utilities

Sewer type
Septic Tank

Building Details

Year built
1998
Building materials
Steel
Roof type
Metal

Listing agent John Hall License #147570

Listing office Coldwell Banker Select 627 S Cedar Ave, Tahlequah, OK

Listing date Nov 5, 2025

MLS# 2546091

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.


Investment Insights

Based on property information with market context.

This commercial property is located on Old Highway 69 in Oktaha, approximately 10 miles south of Muskogee. It presents a business opportunity with a 61' x 39' shop building, previously used as a feed store and tire shop. The one-story building includes a car lift and 12' x 12' shop doors for vehicle and equipment access. An additional 24' x 24' all-metal building with a 16' x 24' covered awning provides extra workspace or storage. The property is zoned NEC and the lot size is 0.963 acres.

Key Highlights

  • 61' x 39' shop building suitable for various businesses.
  • Located on busy Old Highway 69 in Oktaha, offering high visibility.
  • Includes a car lift for automotive work.

Local Financial Insights For Industrial

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 $18.6k $7.80
− Vacancy −$1.5k −$0.62
EGI $17.1k $7.18
− OpEx −$5.1k −$2.15
NOI $12.0k $5.02
2,379 SF · lease $7.80/SF/yr · vacancy 8.00% · expense 30.00%

Alternative Uses

Best Use
Retail
$347.6K
$304.1K – $405.5K (±1% cap)
NOI $24,330 @ 7.0% cap · market cap 17.38%
Second Best
Industrial
$170.7K
$149.4K – $199.2K (±1% cap)
NOI $11,950 @ 7.0% cap · market cap 8.54%
Theoretical Best
Office A
$497.9K
$435.7K – $580.9K (±1% cap)
NOI $34,856 @ 7.0% cap · market cap 24.90%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Auto shops

Suggested Use

Building Supply Storage Facility Travel Agency

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Auto shop - Highway-adjacent commercial property with shop and additional metal building.
Where is this auto shop located?
The property is located at 12031 Oktaha Road Oktaha, OK.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: 61' x 39' shop building suitable for various businesses.; Located on busy Old Highway 69 in Oktaha, offering high visibility.; Includes a car lift for automotive work.
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message