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Mini Storage & Development Opportunity

14620 S 417th East Avenue Coweta, OK 74429

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7.82+/- acre property with mini storage and development potential.

Type:Industrial
Property size:
6,000 SF
Lot size:
7.82 Acres
Price / SF:
$114/SF
Added:
Sep 20, 2025
Days on Market:
295
Last Refresh:
Jun 26 at 1:19 pm

Property Features for 14620 S 417th East Avenue

General Information

Standard status
Active
Size
6,000 SF
Lot size
7.82 Acres
Property subtype
Industrial

Building Details

Year Built
1997

Listing office CENTURY 21 First Choice Realty

Listing date Sep 20, 2025

Source Crexi

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 CENTURY 21 First Choice Realty


Investment Insights

Based on property information with market context.

This 7.82+/- acre property on Hwy 51 in Coweta features a 73-unit mini storage facility. The facility includes 48 indoor units, 5 storage containers, and 20 outside parking units, with an 82% occupancy rate. The property has 210 feet of Hwy 51 frontage and 456.58 feet along 417th E Ave, offering visibility and room for expansion. Zoned C-4 (Central Service District) along 417th and RS 2.1 (Residential) for the remaining land, the property allows for expansion of storage operations, commercial space development, or a residential or mixed-use project. The mini storage facility is fully fenced and includes an electric gate. Electricity is on-site, and water is available nearby. The property is located minutes from the Muskogee Turnpike and has high traffic exposure.

Key Highlights

  • High‑visibility location with 210 feet of frontage on Hwy 51
  • Existing 73‑unit mini storage facility with 82% occupancy
  • 7.82+\/- acres of land with development potential

Local Financial Insights For Self Storage

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 $86.4k $14.40
− Vacancy −$6.9k −$1.15
EGI $79.5k $13.25
− OpEx −$23.8k −$3.97
NOI $55.6k $9.27
6,000 SF · lease $14.40/SF/yr · vacancy 8.00% · expense 30.00%

Alternative Uses

Best Use
Self Storage
$794.9K
$695.5K – $927.4K (±1% cap)
NOI $55,642 @ 7.0% cap · market cap 8.07%
Second Best
Industrial
$412.1K
$360.6K – $480.7K (±1% cap)
NOI $28,844 @ 7.0% cap · market cap 4.18%
Theoretical Best
Office A
$1.42M
$1.24M – $1.65M (±1% cap)
NOI $99,072 @ 7.0% cap · market cap 14.36%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Self storage facilities

Suggested Use

Law Firm Big Box & Wholesale Store Gym & Fitness Center HVAC Service (Bike/Boat/Book/etc) Store Electrical Service Accounting Firm (Bike/Boat/Book/etc) Store Computer & Electronic Repair Carpet & Flooring Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Self storage facility - 7.82+/- acre property with mini storage and development potential.
Where is this self storage facility located?
The property is located at 14620 S 417th East Avenue Coweta, OK.
What is the asking price?
The asking price for this property is $689,900.
What are key features of this property?
This property features: High‑visibility location with 210 feet of frontage on Hwy 51; Existing 73‑unit mini storage facility with 82% occupancy; 7.82+\/- acres of land with development potential
Contact an agent
(918) 696-1617 Call to check price and availability
More about this property
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