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    Gated Office Property with Private Offices Title is generated by Realmo AI

    16399 W Highway 66, El Reno, OK 73036

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    For Sale
    $339,900

    SINGLE_FAMILY - El Reno, OK

    Type:Office
    Property size:
    2,351 SF
    Lot size:
    8.28 Acres
    Price / SF:
    $144/SF
    Added:
    Jul 2, 2026
    Days on Market:
    5
    Last Refresh:
    Jul 6 at 5:06 pm

    Property Features for 16399 W Highway 66

    General Information

    Property type
    Residential
    Property subtype
    Office
    Zoning
    Commercial
    Standard status
    Active
    APN
    16399WHighway6673036
    Size
    2,351 SF
    Lot size
    8.28 Acres

    Utilities

    Water source
    Public

    Building Details

    Year built
    1988
    Floors in Building
    1

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    Contact an agent
    Morgan McKee

    Listing agent Morgan McKee

    Listing office Waving Wheat Realty 3701 Derby Run Dr, Edmond, OK

    Listing date Jul 2, 2026

    MLS# 1234516

    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.

    HighLights

    • 2,351 sq ft commercial office building built in 1988 with four private, lockable offices
    • Office suite includes one private office with restroom, plus two additional common restrooms
    • Includes dedicated conference room and a spacious break room for day‑to‑day operations
    • Gated drive for added security and privacy, with rear space for overflow parking or trailer storage
    • Brand new septic system; public water source
    • Convenient access just north of Route 66 with quick connections to I‑40 and nearby downtown areas

    Overview

    This commercial office property offers a functional interior layout designed for day-to-day operations, including four private, lockable offices. One office includes a private restroom, and there are two additional common restrooms to support staff and visitors. The space also features a dedicated conference room and a spacious break room, making it suitable for teams that need both meeting and everyday support areas. Exterior improvements include a gated drive, well-maintained paving and landscaping, and a rear area that can be used for overflow parking or trailer storage. A brand new septic system is also noted as an upgrade for the property.

    The site is located just north of Route 66 in El Reno, Oklahoma. Access is described as convenient to Garth Brooks Blvd, downtown El Reno, downtown Yukon, and Interstate 40, with easy eastbound and westbound access.

    For buyers seeking an office configuration with private rooms, conference space, and restroom coverage, this property provides a straightforward workplace environment. The gated drive and rear storage/overflow area add practical utility for businesses that need controlled access and additional on-site space for equipment or parking needs. Zoning is listed as Commercial.

    Local Financial Insights For Office B

    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 $45.4k $19.32
    − Vacancy −$4.7k −$1.99
    EGI $40.7k $17.33
    − OpEx −$10.2k −$4.33
    NOI $30.6k $13.00
    2,351 SF · lease $19.32/SF/yr · vacancy 10.30% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $436.5K
    $382.0K – $509.3K (±1% cap)
    NOI $30,557 @ 7.0% cap · market cap 8.99%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $511.9K
    $447.9K – $597.2K (±1% cap)
    NOI $35,834 @ 7.0% cap · market cap 10.54%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Building Supply Hotel & Motel (Bike/Boat/Book/etc) Store Bed & Breakfast Parking Lot & Garage Plumbing Service Restaurant Dental Office Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    El Reno
    County
    Canadian
    State
    Oklahoma
    Longitude
    -97.835137
    Latitude
    35.508523

    FAQs

    What type of property is this?
    Office building - Secure commercial office setup with multiple lockable offices, conference space, and restrooms, plus gated access and rear storage.
    Where is this office building located?
    The property is located at 16399 W Highway 66 El Reno, OK.
    What is the asking price?
    The asking price for this property is $339,900.
    What are key features of this property?
    This property features: 2,351 sq ft commercial office building built in 1988 with four private, lockable offices; Office suite includes one private office with restroom, plus two additional common restrooms; Includes dedicated conference room and a spacious break room for day‑to‑day operations
    More about this property
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