Storefront with New TPO
For Sale
$230,000
123 S Broadway, Coweta, OK 74429
The building occupies a spot along S Broadway in Coweta’s Broadway District.
Property Size1,760 SF
Price / SF$130.68
Days on Market131
Property Features for 123 S Broadway
General Information
Standard status
Active
Size
1,760 SF
Property subtype
Building
Building Details
Year Built
1960
Listing Agency:
C21/First Choice Realty
(918) 486-2108
Listed By:
Traven Hilton
(918) 352-1168
Source:
Spiritrealtygroup
Added: Jun 25
Changed: Nov 1
Last Checked: Nov 1 at 3:28PM
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 C21/First Choice Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,760-square-foot storefront was built in 1960. A TPO roof was installed in 2022, providing a specific recent building improvement.
The property is at 123 S Broadway in Coweta, Oklahoma, within the Broadway District.
The property is at 123 S Broadway in Coweta, Oklahoma, within the Broadway District.
Key Highlights
- 1,760‑square‑foot storefront building
- TPO roof installed in 2022
- Built in 1960
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,456
Cap Rate
8.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$389,120
$389.1K
Cap Rate 7%
$277,943
$277.9K
Cap Rate 9%
$216,178
$216.2K
Market Conditions
NOI Build-Up for 1,760 SF
Gross rent
$29.6K $16.80/SF
− Vacancy
−$1.8K −$1.01/SF
EGI
$27.8K $15.79/SF
− OpEx
−$8.3K −$4.74/SF
NOI
$19.5K $11.05/SF
Area
Wagoner County, OK
Vacancy
6.00%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$389,120
Cap Rate 7%
$277,943
Cap Rate 9%
$216,178
Alternative Uses
Best Use
Retail
$277.9K
$243.2K – $324.3K
NOI $19,456 @ 7.0% cap · market cap 8.46%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$415.2K
$363.3K – $484.4K
NOI $29,061 @ 7.0% cap · market cap 12.64%
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
404
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 74429, OK
15,974
Population
6,457
Households
2.5
Avg Household Size
38
Median Age
25%
College-Educated
92%
High-School Grad
84.2 sq mi
ZIP Area
190
Density / Sq Mi
$73,545
Median Household Income
$46,558
Median Earnings
$968
Median Rent
$215,000
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 Retail in South region
Similar Off Market Nearby
- Coweta Flowers & Junktique — 109 S Broadway, Coweta, OK 74429
- Bloom & Things — 119 N Broadway, Coweta, OK 74429
Frequently Asked Questions
What type of property is this?
Storefront property - The building occupies a spot along S Broadway in Coweta’s Broadway District.
Where is this storefront property located?
The property is located at 123 S Broadway Coweta, OK.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: 1,760‑square‑foot storefront building; TPO roof installed in 2022; Built in 1960
