Fenced Flex Space with
For Sale
$1,200,000
14265 E 590 Road E, Inola, OK 74036
Commercial, Inola, OK
Property Size9,000 SF
Lot Size4.45 Acres
Price / SF$133.33
Days on Market18
Property Features for 14265 E 590 Road E
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Rural Comm
Parking features
Covered
Interior features
High Speed Internet
Exterior features
Lighting, Storage
Elementary school district
Inola - Sch Dist (26)
Middle school district
Inola - Sch Dist (26)
High school district
Inola - Sch Dist (26)
Directions
Approximant 12 miles east of Tulsa on HWY 412 turn right on Gregory School Road ( S 4170 Rd.) Go 1/2 mile to 590 Road turn Left ( East ) 1/4 mile the property is on your Left (North side of road). Approximant 12 miles west of Chouteau ( HWY 69) on 412 turn Left (South) on 4180 Rd. 1/2 mile to 590 Rd Turn right go 1/2 mile property is on right (North side of road).
Standard status
Active
APN
660030490
Size
9,000 SF
Lot size
4.45 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
ALL OF E 318.26' OF LOT 2 BLOCK 1 LAKEWAY ACRES
Tax Annual Amount
2009
Legal Description
ALL OF E 318.26' OF LOT 2 BLOCK 1 LAKEWAY ACRES
Utilities
Sewer type
Septic Tank
Heating system
Heat Pump (Heating)
Cooling system
Central Air
Building Details
Year built
2000
Floors in Building
2
Flooring type
Tile, Concrete
Building materials
Steel
Roof type
Metal
Additional Structures
Storage
Listing Agency:
Lakeland Real Estate NEOK
(918) 434-5095
Listed By:
Mike Teague · License #205012
(918) 857-1068
Added: Sep 11
Changed: Sep 20
Last Checked: Sep 28 at 6:06AM
MLS# 2633687
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 steel flex property combines approximately 9,000 square feet of building area with a dedicated office component and a substantial shop/work area. The office portion includes a reception area, four private offices, two bathrooms, and a full kitchen. The shop adds another bathroom and is equipped with 14-foot and 16-foot overhead doors. Approximately 1,350 square feet of covered parking provides protected space for vehicles, equipment, or storage.
The fully fenced property includes concrete and tile flooring, metal roofing, central air, heat-pump heating, lighting, storage, high-speed internet, and a septic tank. Located at 14265 E 590 Road E in Inola, Oklahoma, the property carries Rural Comm zoning and was built in 2000. The site includes outdoor area suitable for parking, storage, and commercial operations.
The fully fenced property includes concrete and tile flooring, metal roofing, central air, heat-pump heating, lighting, storage, high-speed internet, and a septic tank. Located at 14265 E 590 Road E in Inola, Oklahoma, the property carries Rural Comm zoning and was built in 2000. The site includes outdoor area suitable for parking, storage, and commercial operations.
Key Highlights
- Approximately 9,000 SF of building space
- Approximately 2,000 SF of finished office space with reception area, 4 private offices, 2 bathrooms, and full kitchen
- Shop includes 14' and 16' overhead doors
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
$61,368
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
5.11%
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%
$1,227,360
$1.2M
Cap Rate 7%
$876,686
$876.7K
Cap Rate 9%
$681,867
$681.9K
Market Conditions
NOI Build-Up for 9,000 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
$75.6K $8.40/SF
− Vacancy
−$3.4K −$0.38/SF
EGI
$72.2K $8.02/SF
− OpEx
−$10.8K −$1.20/SF
NOI
$61.4K $6.82/SF
Area
Rogers County, OK
Vacancy
4.50%
Lease Rate
$8.40 /SF/Yr
Expense Ratio
15.00%
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%
$1,227,360
Cap Rate 7%
$876,686
Cap Rate 9%
$681,867
Alternative Uses
Best Use
Warehouse
$876.7K
$767.1K – $1.02M
NOI $61,368 @ 7.0% cap · market cap 5.11%
Second Best
Industrial
$769.5K
$673.3K – $897.8K
NOI $53,865 @ 7.0% cap · market cap 4.49%
Theoretical Best
Specialty Retail
$2.25M
$1.97M – $2.63M
NOI $157,788 @ 7.0% cap · market cap 13.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Drive-in doors
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
5
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 74036, OK
7,182
Population
2,858
Households
2.5
Avg Household Size
41
Median Age
19%
College-Educated
86%
High-School Grad
128.4 sq mi
ZIP Area
56
Density / Sq Mi
$78,187
Median Household Income
$43,585
Median Earnings
$938
Median Rent
$200,000
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
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Frequently Asked Questions
What type of property is this?
Flex space - Steel flex property with office, shop, covered parking, oversized doors, and secure fencing for commercial operations.
Where is this flex space located?
The property is located at 14265 E 590 Road E Inola, OK.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Approximately 9,000 SF of building space; Approximately 2,000 SF of finished office space with reception area, 4 private offices, 2 bathrooms, and full kitchen; Shop includes 14' and 16' overhead doors
