Multi-Building Mixed-Use
122 S Main Street, Blanchard, OK 73010
For Sale
$796,477
Commercial Sale, Blanchard, OK
Property Size9,520 SF
Lot Size0.04 Acres
Price / SF$83.66
Days on Market32
Property Features for 122 S Main Street
General Information
Property type
Property subtype
Zoning
Standard status
APN
Size
Lot size
Amenities
dedicated lobby and reception area
large conference room
break room with kitchenette
bathrooms
attached rear storage area
overhead roll-up doors
Building Details
Year built
Listing Agency:
LB Realty Group-MB of Oklahoma
Listed By:
Lindsey Bunch · License OK #145779
(405) 317-9542
Added: Oct 12
Last Checked: Nov 12 at 10:06AM
MLS# 1249480
Copyright © 2026 MLSOK, 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 Blanchard property brings together a 6,000-square-foot office building, an 1,860-square-foot storefront, a 1,750-square-foot warehouse, and a detached 600-square-foot outbuilding. The office, built in 1992, includes a lobby and reception area, nine work areas, a conference room, a break room with kitchenette, and three bathrooms. Its attached rear storage area has overhead roll-up doors. The storefront can function separately or alongside the other buildings. Four overhead doors provide access to the warehouse.
Located at 122 S Main Street, the property is zoned Commercial. The combination of office, customer-facing retail, warehouse, and separate outbuilding space creates a varied commercial configuration within one property.
Located at 122 S Main Street, the property is zoned Commercial. The combination of office, customer-facing retail, warehouse, and separate outbuilding space creates a varied commercial configuration within one property.
Key Highlights
- 6,000‑square‑foot office building with nine work areas
- Office includes a lobby, conference room, kitchenette, and three bathrooms
- 1,860‑square‑foot retail storefront can operate independently
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,807
Cap Rate
7.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,256,140
$1.3M
Cap Rate 7%
$897,243
$897.2K
Cap Rate 9%
$697,856
$697.9K
Market Conditions
NOI Build-Up for 9,520 SF
Gross rent
$80.0K $8.40/SF
− Vacancy
−$6.1K −$0.64/SF
EGI
$73.9K $7.76/SF
− OpEx
−$11.1K −$1.16/SF
NOI
$62.8K $6.60/SF
Area
McClain County, OK
Vacancy
7.60%
Lease Rate
$8.40 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,256,140
Cap Rate 7%
$897,243
Cap Rate 9%
$697,856
Alternative Uses
Best Use
Mixed Use
$1.84M
$1.61M – $2.14M
NOI $128,520 @ 7.0% cap · market cap 16.14%
Second Best
Retail
$1.36M
$1.19M – $1.58M
NOI $94,962 @ 7.0% cap · market cap 11.92%
Theoretical Best
Specialty Retail
$2.30M
$2.01M – $2.68M
NOI $161,078 @ 7.0% cap · market cap 20.22%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
277
Businesses Nearby
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Business Placement
Demographics for 73010, OK
20,744
Population
7,770
Households
2.7
Avg Household Size
39
Median Age
26%
College-Educated
91%
High-School Grad
174.5 sq mi
ZIP Area
119
Density / Sq Mi
$86,968
Median Household Income
$47,315
Median Earnings
$1,070
Median Rent
$241,600
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The commercial-zoned site combines office, retail, and warehouse space across several structures.
Where is this mixed-use property located?
The property is located at 122 S Main Street Blanchard, OK.
What is the asking price?
The asking price for this property is $796,477.
What are key features of this property?
This property features: 6,000‑square‑foot office building with nine work areas; Office includes a lobby, conference room, kitchenette, and three bathrooms; 1,860‑square‑foot retail storefront can operate independently
