Small Retail
1301 Manvel Avenue Chandler, OK 74834
For Sale
$84,700
SINGLE_FAMILY - Chandler, OK
Property Size660 SF
Lot Size0.05 Acres
Price / SF$128.33
Days on Market273
Property Features for 1301 Manvel Avenue
General Information
Property type
Residential
Property subtype
Retail
Zoning
Commercial
Standard status
Active
APN
1301NONEManvel74834
Size
660 SF
Lot size
0.05 Acres
Utilities
Heating system
Electric (Heating)
Water source
Public
Building Details
Year built
1950
Listing Agency:
Premier Realty LLC
(405) 258-1324
Listed By:
Kent McVey · License #114452
(405) 258-1324
Added: Oct 30, 2025
Changed: Jul 1
Last Checked: Jul 29 at 2:06PM
MLS# 1199510
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.
Investment Insights
Based on property information with market context.
This for-sale retail building offers approximately 660 square feet of commercial space on a small lot measuring about 0.0482 acres. The property is listed under commercial zoning, making it suitable for retail-oriented uses consistent with the area’s commercial designation.
The building is located at 1301 Manvel Avenue in Chandler, Oklahoma 74834, in Lincoln County. As a relatively small footprint property, it may appeal to operators looking for a dedicated, manageable space within a commercial-zoned setting.
For tenants or buyers, the size and commercial zoning support consideration for small-format retail businesses that benefit from a straightforward, compact footprint. This could also be a fit for an owner-operator seeking a property to align with retail operations, assuming the specific use is permitted under the applicable commercial zoning. All interested parties should verify permitted uses and any requirements with the appropriate local authorities prior to proceeding.
The building is located at 1301 Manvel Avenue in Chandler, Oklahoma 74834, in Lincoln County. As a relatively small footprint property, it may appeal to operators looking for a dedicated, manageable space within a commercial-zoned setting.
For tenants or buyers, the size and commercial zoning support consideration for small-format retail businesses that benefit from a straightforward, compact footprint. This could also be a fit for an owner-operator seeking a property to align with retail operations, assuming the specific use is permitted under the applicable commercial zoning. All interested parties should verify permitted uses and any requirements with the appropriate local authorities prior to proceeding.
Key Highlights
- Electric heating
- Year built: 1950
- Public water source
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
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - Compact retail building for sale in Chandler, Oklahoma under commercial zoning.
Where is this retail space located?
The property is located at 1301 Manvel Avenue 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: Electric heating; Year built: 1950; Public water source
