17311 NE 23rd Street Choctaw, OK 73020
3,350 sq ft commercial office building in Choctaw, Oklahoma.
Property Features for 17311 NE 23rd Street
General Information
- Standard status
- Active
- Size
- 3,350 SF
- Property subtype
- Office
Building Details
- Year Built
- 2007
Listing office Horizon Realty
Listing date Oct 2, 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 Horizon Realty
Investment Insights
Based on property information with market context.
Key Highlights
- Prime, high‑traffic location on NE 23rd St in Choctaw
- 3,350 sq.ft. commercial office building built in 2007
- Divided into two suites: one leased for immediate rental income
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 | $55.9k | $16.68 |
| − Vacancy | −$5.4k | −$1.60 |
| EGI | $50.5k | $15.08 |
| − OpEx | −$12.6k | −$3.77 |
| NOI | $37.9k | $11.31 |
