Mixed-Use Property with Living
14330 SE 29th Street, Choctaw, OK 73020
For Sale
$499,000
Commercial Sale, Choctaw, OK
Property Size6,660 SF
Lot Size0.93 Acres
Price / SF$74.92
Days on Market50
Property Features for 14330 SE 29th Street
General Information
Property type
Property subtype
Zoning
Standard status
APN
Size
Lot size
Building Details
Year built
Building materials
Listing Agency:
Brix Realty
(405) 594-8341
Listed By:
Micah McGahan · License OK #159945
(405) 740-4808
Added: Sep 22
Changed: Sep 30
Last Checked: Nov 10 at 6:06AM
MLS# 1250837
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.
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Investment Insights
Based on property information with market context.
Set on 0.9271 acres in Choctaw, this mixed-use property consists of two buildings with brick and frame construction. The first combines office space with ADA-accessible living quarters; additional rooms can accommodate office or bedroom use. The second building was constructed as a fourplex and contains 8 bedrooms and 6 bathrooms. It requires work to restore. The property was built in 1986 and is zoned Agriculture.
Key Highlights
- Two buildings on 0.9271 acres
- Office space with ADA‑accessible living quarters in one building
- Second building has 8 bedrooms and 6 bathrooms and was built as a fourplex
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,377
Cap Rate
8.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$847,540
$847.5K
Cap Rate 7%
$605,386
$605.4K
Cap Rate 9%
$470,856
$470.9K
Market Conditions
NOI Build-Up for 6,660 SF
Gross rent
$85.5K $12.84/SF
− Vacancy
−$8.5K −$1.27/SF
EGI
$77.0K $11.57/SF
− OpEx
−$34.7K −$5.21/SF
NOI
$42.4K $6.36/SF
Area
Oklahoma County, OK
Vacancy
9.90%
Lease Rate
$12.84 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$847,540
Cap Rate 7%
$605,386
Cap Rate 9%
$470,856
Alternative Uses
Best Use
Office B
$1.08M
$941.5K – $1.26M
NOI $75,318 @ 7.0% cap · market cap 15.09%
Second Best
Mixed Use
$860.2K
$752.7K – $1.00M
NOI $60,217 @ 7.0% cap · market cap 12.07%
Theoretical Best
Office A
$1.39M
$1.21M – $1.62M
NOI $97,101 @ 7.0% cap · market cap 19.46%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
61
Businesses Nearby
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Business Placement
Demographics for 73020, OK
24,627
Population
9,857
Households
2.5
Avg Household Size
42
Median Age
33%
College-Educated
92%
High-School Grad
61.6 sq mi
ZIP Area
400
Density / Sq Mi
$99,108
Median Household Income
$54,688
Median Earnings
$1,363
Median Rent
$248,700
Median Home Value
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Market
Properties on Market for Mixed-use properties in Oklahoma County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - An office building includes ADA-accessible residential space, with a second structure configured as a former fourplex.
Where is this mixed-use property located?
The property is located at 14330 SE 29th Street Choctaw, OK.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Two buildings on 0.9271 acres; Office space with ADA‑accessible living quarters in one building; Second building has 8 bedrooms and 6 bathrooms and was built as a fourplex
