12031 Oktaha Road Oktaha, OK 74450
COMMERCIAL - Oktaha, OK
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 (918) 458-5888
Listing office Coldwell Banker Select 627 S Cedar Ave, Tahlequah, OK (918) 458-5888
Listing date Nov 5, 2025
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Investment Insights
Based on property information with market context.
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 |