Freestanding Retail Corner
For Sale
Contact for pricing
1301 Manvel AVE, Chandler, OK 74834
Corner-lot freestanding retail with 50 feet frontage and seven parking spaces, with a 10-year bakery restriction.
Property Size660 SF
Price / SF$128.33
Days on Market64
Property Features for 1301 Manvel AVE
General Information
Standard status
Active
Size
660 SF
Total Parking Spaces
7
Property subtype
Retail
Building Details
Year Built
1950
Listing Agency:
Premier Realty LLC
(405) 258-8655
Listed By:
Kent McVey · License #114452
Source:
Crexi
Added: Jun 4
Changed: Jul 10
Last Checked: Aug 5 at 7:20AM
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 Premier Realty LLC
Investment Insights
Based on property information with market context.
This freestanding retail property offers approximately 660 square feet on a corner lot. The site features 7 parking spaces and approximately 50 feet of frontage, providing a straightforward setup for retail users seeking a standalone presence.
The property is located at the SW corner of Manvel and 13th in Downtown Chandler, with direct corner exposure to the intersection. Its street-facing frontage and dedicated parking support convenient customer access for everyday retail operations.
Ownership is being offered for sale as a standalone retail option, with one important use limitation: the property will be restricted from allowing a bakery business for 10 years. That restriction should be considered when evaluating tenant fit and potential operating models, while the freestanding layout, corner positioning, and on-site parking can support a range of retail concepts that benefit from visible street frontage.
The property is located at the SW corner of Manvel and 13th in Downtown Chandler, with direct corner exposure to the intersection. Its street-facing frontage and dedicated parking support convenient customer access for everyday retail operations.
Ownership is being offered for sale as a standalone retail option, with one important use limitation: the property will be restricted from allowing a bakery business for 10 years. That restriction should be considered when evaluating tenant fit and potential operating models, while the freestanding layout, corner positioning, and on-site parking can support a range of retail concepts that benefit from visible street frontage.
Key Highlights
- 660 SF freestanding retail on a corner lot at the SW corner of Manvel and 13th in Downtown Chandler
- 50 feet of frontage on the corner lot
- Includes 7 parking spaces
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 | $9.9k | $15.00 |
| − Vacancy | −$495 | −$0.75 |
| EGI | $9.4k | $14.25 |
| − OpEx | −$2.8k | −$4.27 |
| NOI | $6.6k | $9.98 |
660 SF · lease $15.00/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$94.1K
$82.3K – $109.7K
NOI $6,584 @ 7.0% cap · market cap 7.77%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$159.5K
$139.6K – $186.1K
NOI $11,167 @ 7.0% cap · market cap 13.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
297
Businesses Nearby
5k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 87%
Dining 13%
BancFirst
Shops & Services
4,696 visits/mo
0.2 miles
Georgio's Pizza
Dining
699 visits/mo
0.3 miles
Demographics for 74834, OK
7,011
Population
3,203
Households
2.2
Avg Household Size
42
Median Age
20%
College-Educated
90%
High-School Grad
178.6 sq mi
ZIP Area
39
Density / Sq Mi
$59,436
Median Household Income
$40,747
Median Earnings
$798
Median Rent
$180,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Corner-lot freestanding retail with 50 feet frontage and seven parking spaces, with a 10-year bakery restriction.
Where is this retail space located?
The property is located at 1301 Manvel AVE Chandler, OK.
What is the asking price?
The asking price for this property is $84,700.
What are key features of this property?
This property features: 660 SF freestanding retail on a corner lot at the SW corner of Manvel and 13th in Downtown Chandler; 50 feet of frontage on the corner lot; Includes 7 parking spaces
