Insulated Flex
New
For Sale
$629,900
13900 Bald Hill Road, Okmulgee, OK 74447
Vacant Land, Okmulgee, OK
Property Size4,800 SF
Lot Size10.00 Acres
Price / SF$131.23
Days on Market6
Property Features for 13900 Bald Hill Road
General Information
Property type
Land
Property subtype
Other
Zoning
AG
Subdivision
Okmulgee Co Unplatted
Lot features
Farm or Ranch
Elementary school district
Preston - Sch Dist (89)
Middle school district
Preston - Sch Dist (89)
High school district
Preston - Sch Dist (89)
Directions
POB: From the intersection of Hwy 75 and will Sampson Road (Preston Road) heading East, go 2.4 miles. At the fork/curve where the road veers/curves toward N 240 Rd past yield area. Stay on N 240 Rd for about 1 mile , turn Right or West on Bald Hill Rd, property will be 1/4 mile down on your left. 13900 Bald Hill Rd POB: From the intersection of Hwy 75 and Celia Berryhill Rd head East for 2 miles, road will curve to the North onto 240 Rd. Take 240 Rd 2 miles to Bald Hill Rd turn Left or West, property will be 1/4 down on your left. 13900 Bald Hill Rd
Standard status
Active
APN
0000-17-14N-13E-A-012-00
Lot size
10.00 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
17-14-13 NW NE NE
Tax Annual Amount
1189
Legal Description
17-14-13 NW NE NE
Amenities
hay meadow
Listing Agency:
Chinowth & Cohen
(918) 392-9900
Listed By:
Sandra Wilson · License #180044
(918) 815-0585
Added: Sep 21
Last Checked: Sep 26 at 3:06PM
MLS# 2634686
Copyright © 2026 MLS Technology, 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 flex property includes a 4,800-square-foot red iron steel building on 10 acres in the Preston School District. The structure features full insulation, commercial lighting, dual 50-amp plugs, an active aerobic sewer system, and a 6-inch reinforced concrete slab. A hydraulic vehicle lift, three walk-through doors, and two 16-foot electric overhead doors at opposite ends support drive-through access for motor homes, vehicles, or heavy equipment. The building is also plumbed for a kitchen and bathroom.
The property is located at 13900 Bald Hill Road in Okmulgee, Oklahoma, less than five minutes from the developing Highway 75 corridor. It sits adjacent to a new residential expansion and includes a cleared hay meadow. AG zoning and no known restrictions are reported, while acreage and physical boundaries remain subject to buyer verification by survey.
The property is located at 13900 Bald Hill Road in Okmulgee, Oklahoma, less than five minutes from the developing Highway 75 corridor. It sits adjacent to a new residential expansion and includes a cleared hay meadow. AG zoning and no known restrictions are reported, while acreage and physical boundaries remain subject to buyer verification by survey.
Key Highlights
- 4,800‑square‑foot red iron steel flex building on 10 acres
- Full insulation, commercial lighting, and dual 50‑amp plugs
- Two 16‑foot electric overhead doors create drive‑through access
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
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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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Rural flex property with substantial acreage, connected utilities, and adaptable workspace for commercial or agricultural use.
Where is this flex space located?
The property is located at 13900 Bald Hill Road 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; Full insulation, commercial lighting, and dual 50‑amp plugs; Two 16‑foot electric overhead doors create drive‑through access
