Flex Space with
For Sale
$275,000
1514 S Main Street, Sapulpa, OK 74066
Commercial, Sapulpa, OK
Property Size3,400 SF
Lot Size0.27 Acres
Price / SF$80.88
Days on Market96
Property Features for 1514 S Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Subdivision
Southern Heights
Elementary school district
Sapulpa - Sch Dist (51)
Middle school district
Sapulpa - Sch Dist (51)
High school district
Sapulpa - Sch Dist (51)
Directions
POB: Intersection of Highways Alternate 75 and 117: Go south to property and sign on right (west) side of Highway Alt-75 (Approx. 1/2 - 3/4 mile).
Standard status
Active
APN
1465-00-018-000-0-010-00
Size
3,400 SF
Lot size
0.27 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
Too long in office.
Tax Annual Amount
2198
Legal Description
Too long in office.
Utilities
Utilities
Phone Available
Heating system
Space Heater
Building Details
Year built
1970
Flooring type
Concrete
Building materials
Steel
Roof type
Metal
Listing Agency:
KMC Real Estate LLC
(918) 369-4200
Listed By:
Fred D Keas Jr
(918) 853-2244
Added: Jul 10
Changed: Oct 7
Last Checked: Oct 13 at 12:06PM
MLS# 2625067
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 3,400-square-foot flex property combines front office space with a rear warehouse. Built in 1970, the steel building has concrete flooring, a metal roof, a space heater, and phone availability. A 10-foot overhead door serves the warehouse area, and the site is zoned Commercial.
The property fronts Alt-75 Highway. An adjoining parcel to the west is included and can be reached from the city alleyway; it contains two carports measuring 18 by 20 feet each, set on concrete slabs. The combined property covers 0.269 acres.
The property fronts Alt-75 Highway. An adjoining parcel to the west is included and can be reached from the city alleyway; it contains two carports measuring 18 by 20 feet each, set on concrete slabs. The combined property covers 0.269 acres.
Key Highlights
- 3,400‑square‑foot steel building with front office and rear warehouse
- 10‑foot overhead door
- Frontage on Alt‑75 Highway
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
Warehouse
$283.5K
$248.1K – $330.8K
NOI $19,847 @ 7.0% cap · market cap 7.22%
Second Best
Flex RnD
$251.1K
$219.8K – $293.0K
NOI $17,580 @ 7.0% cap · market cap 6.39%
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
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Current Use
Lease Details
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
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 - Office and storage areas are paired with an overhead door and frontage along Alt-75 Highway.
Where is this flex space located?
The property is located at 1514 S Main Street 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 steel building with front office and rear warehouse; 10‑foot overhead door; Frontage on Alt‑75 Highway
