Flex Space with Office and
For Sale
$275,000
1514 S Main St, Sapulpa, OK 74066
Front office and rear warehouse provide practical space for a range of commercial operations.
Property Size3,400 SF
Price / SF$80.88
Days on Market91
Property Features for 1514 S Main St
General Information
Standard status
Active
Size
3,400 SF
Total Parking Spaces
2
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1970
Buildings
1
Tenancy
Single
Listing Agency:
KMC Real Estate LLC
Listed By:
Fred D Keas Jr
(918) 853-2244
Source:
Alloverok
Added: Jul 18
Changed: Oct 2
Last Checked: Oct 7 at 1:07PM
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 KMC Real Estate LLC
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Investment Insights
Based on property information with market context.
This 3,400-square-foot flex property combines front office space with a rear warehouse, creating a straightforward configuration for office and storage functions. The building dates to 1970 and has been used by an electric company since that time. A 10-foot overhead door supports warehouse access, while two 18x20 carports sit on concrete slabs.
The property fronts Alt-75 Highway, providing direct access to surrounding areas of town. An additional parcel adjoins the west side and is accessible from the city alleyway, extending the overall property configuration beyond the primary building site.
The property fronts Alt-75 Highway, providing direct access to surrounding areas of town. An additional parcel adjoins the west side and is accessible from the city alleyway, extending the overall property configuration beyond the primary building site.
Key Highlights
- 3,400‑square‑foot flex property with front office and rear warehouse
- 10‑foot OHD provides warehouse access
- Two 18x20 carports on concrete slabs
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,847
Cap Rate
7.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$396,940
$396.9K
Cap Rate 7%
$283,529
$283.5K
Cap Rate 9%
$220,522
$220.5K
Market Conditions
NOI Build-Up for 3,400 SF
Gross rent
$24.1K $7.08/SF
− Vacancy
−$722 −$0.21/SF
EGI
$23.3K $6.87/SF
− OpEx
−$3.5K −$1.03/SF
NOI
$19.8K $5.84/SF
Area
Creek County, OK
Vacancy
3.00%
Lease Rate
$7.08 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$396,940
Cap Rate 7%
$283,529
Cap Rate 9%
$220,522
Alternative Uses
Best Use
Office B
$694.0K
$607.3K – $809.7K
NOI $48,583 @ 7.0% cap · market cap 17.67%
Second Best
Warehouse
$283.5K
$248.1K – $330.8K
NOI $19,847 @ 7.0% cap · market cap 7.22%
Theoretical Best
Office A
$836.1K
$731.6K – $975.5K
NOI $58,527 @ 7.0% cap · market cap 21.28%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
295
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 74066, OK
31,255
Population
13,736
Households
2.3
Avg Household Size
41
Median Age
19%
College-Educated
91%
High-School Grad
123.6 sq mi
ZIP Area
253
Density / Sq Mi
$64,351
Median Household Income
$41,245
Median Earnings
$1,000
Median Rent
$168,300
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Flex space - Front office and rear warehouse provide practical space for a range of commercial operations.
Where is this flex space located?
The property is located at 1514 S Main St Sapulpa, OK.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 3,400‑square‑foot flex property with front office and rear warehouse; 10‑foot OHD provides warehouse access; Two 18x20 carports on concrete slabs
