Insulated Flex Building with
New
For Sale
$629,900
13900 Bald Hill Rd, Okmulgee, OK 74447
Insulated flex space offers drive-through access, connected utilities, and kitchen-and-bath plumbing provisions.
Property Size4,800 SF
Lot Size10.00 Acres
Price / SF$131.23
Days on Market3
Property Features for 13900 Bald Hill Rd
General Information
Standard status
Active
Size
4,800 SF
Lot size
10.00 Acres
Property subtype
Land
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Additional Details
Drive-In Doors
2
Building Details
Buildings
1
Building Size
4,800 SF
Construction
red iron steel
Listing Agency:
RE/MAX & Associates
(918) 683-1221
Listed By:
Century 21 Wright Real Estate
(918) 456-5288
Source:
Century21wright
Added: Sep 22
Changed: Sep 24
Last Checked: Sep 24 at 9:48AM
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 RE/MAX & Associates
Investment Insights
Based on property information with market context.
This 4,800-square-foot flex property includes a 10-acre (m/l) tract and a red iron steel building designed for varied commercial, workshop, and equipment-oriented uses. The structure has premium insulation, commercial lighting, dual 50-amp plugs, an active aerobic sewer system, and a 6-inch reinforced concrete slab. Interior features include a hydraulic vehicle lift, three walk-through doors, and two 16-foot electric overhead doors positioned at opposite ends for drive-through circulation. The building is also plumbed for a kitchen and bath.
The property is located at 13900 Bald Hill Rd in Okmulgee, Oklahoma, within Preston School District. It adjoins a new residential expansion and is less than 5 minutes from the developing Highway 75 corridor. The surrounding 10 acres (m/l) include a cleared hay meadow, while the property information reports no known restrictions and fully connected utilities.
The property is located at 13900 Bald Hill Rd in Okmulgee, Oklahoma, within Preston School District. It adjoins a new residential expansion and is less than 5 minutes from the developing Highway 75 corridor. The surrounding 10 acres (m/l) include a cleared hay meadow, while the property information reports no known restrictions and fully connected utilities.
Key Highlights
- 4,800‑square‑foot red iron steel flex building on 10 acres (m/l)
- Two 16‑foot electric overhead doors create drive‑through access
- 6‑inch reinforced concrete slab with premium insulation
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$38,301
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.08%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$766,020
$766.0K
Cap Rate 7%
$547,157
$547.2K
Cap Rate 9%
$425,567
$425.6K
Market Conditions
NOI Build-Up for 4,800 SF
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.
Gross rent
$63.4K $13.20/SF
− Vacancy
−$4.4K −$0.92/SF
EGI
$58.9K $12.28/SF
− OpEx
−$20.6K −$4.30/SF
NOI
$38.3K $7.98/SF
Area
Okmulgee County, OK
Vacancy
7.00%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$766,020
Cap Rate 7%
$547,157
Cap Rate 9%
$425,567
Alternative Uses
Best Use
Flex RnD
$547.2K
$478.8K – $638.4K
NOI $38,301 @ 7.0% cap · market cap 6.08%
Second Best
Warehouse
$400.3K
$350.3K – $467.0K
NOI $28,020 @ 7.0% cap · market cap 4.45%
Theoretical Best
Office A
$1.13M
$990.7K – $1.32M
NOI $79,258 @ 7.0% cap · market cap 12.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Drive-in doors
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 74447, OK
15,534
Population
7,295
Households
2.1
Avg Household Size
40
Median Age
18%
College-Educated
89%
High-School Grad
231.8 sq mi
ZIP Area
67
Density / Sq Mi
$45,855
Median Household Income
$30,851
Median Earnings
$801
Median Rent
$101,900
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Insulated flex space offers drive-through access, connected utilities, and kitchen-and-bath plumbing provisions.
Where is this flex space located?
The property is located at 13900 Bald Hill Rd Okmulgee, OK.
What is the asking price?
The asking price for this property is $629,900.
What are key features of this property?
This property features: 4,800‑square‑foot red iron steel flex building on 10 acres (m/l); Two 16‑foot electric overhead doors create drive‑through access; 6‑inch reinforced concrete slab with premium insulation
