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Remodeled Flex Space with Workshop

1907 N 11th Street, Muskogee, OK 74401

For Sale
$517,500

Commercial, Muskogee, OK

Property Size5,758 SF
Lot Size0.40 Acres
Price / SF$89.87
Days on Market85

Property Features for 1907 N 11th Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning C-2
Interior features Internal Expansion Area, Public Restrooms
Exterior features Pole Sign
Fencing Chain Link
Subdivision M G Lindsey
Elementary school district Muskogee - Sch Dist (K5)
Middle school district Muskogee - Sch Dist (K5)
High school district Muskogee - Sch Dist (K5)
Directions From Highway 69 & The Shawnee Bypass, go east on the Shawnee Bypass. Turn south at the stoplight at 11th St. Property sits on the west side of the street.
Standard status Active
APN 510011536
Size 5,758 SF
Lot size 0.40 Acres

Additional Details

Property Use Commercial
Condition Newly Renovated

Taxes and HOA fees

Tax Year 2024
Tax Description LOT 2 BLOCK 1
Tax Annual Amount 1566
Legal Description LOT 2 BLOCK 1

Utilities

Heating system Central
Cooling system Central Air

Amenities

conference/assembly space
covered parking

Building Details

Year built 1970
Flooring type Vinyl
Building materials Frame
Roof type Composition
Buildings 2
Listing Agency: Interstate Properties, Inc.
Listed By: Holly Rosser-Miller · License OK #147151
Added: Aug 21 Changed: Nov 13 Last Checked: Nov 13 at 10:06PM
MLS# 2631159

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.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This flex property includes a main building with 4,485 square feet on the ground floor and 1,273 square feet of climate-controlled unfinished space upstairs. The main level has 12 rooms, three entrances, two service entrances, and a 15-by-35-foot conference or assembly room. Updates include five HVAC units, an insulated TPO roof, bathrooms, flooring, and paint.

A fenced area behind the main building contains four covered parking spaces and a shop building with 3,578 square feet of workspace. The shop includes a 20-by-28-foot garage with a 12-by-12-foot overhead door and 220-volt electric service. The combined area of the main and shop buildings is 9,336 square feet. The 0.396-acre property is zoned C-2 and has a pole sign.

Key Highlights

  • 9,336 square feet across the main building and rear shop
  • Main building includes 4,485 square feet on the ground floor and 1,273 square feet of unfinished, climate‑controlled upper‑level space
  • Rear shop offers 3,578 square feet of workspace and 220‑volt electric service

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$37,205
Cap Rate
7.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$744,100 $744.1K
Cap Rate 7%
$531,500 $531.5K
Cap Rate 9%
$413,389 $413.4K
Market Conditions
NOI Build-Up for 5,758 SF
Gross rent
$65.6K $11.40/SF
− Vacancy
−$8.4K −$1.46/SF
EGI
$57.2K $9.94/SF
− OpEx
−$20.0K −$3.48/SF
NOI
$37.2K $6.46/SF
Area
Muskogee County, OK
Vacancy
12.80%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$744,100
Cap Rate 7%
$531,500
Cap Rate 9%
$413,389

Alternative Uses

Best Use
Flex RnD
$531.5K
$465.1K – $620.1K (±1% cap)
NOI $37,205 @ 7.0% cap · market cap 7.19%
Second Best
Industrial
$413.2K
$361.6K – $482.1K (±1% cap)
NOI $28,924 @ 7.0% cap · market cap 5.59%
Theoretical Best
Office A
$1.21M
$1.05M – $1.41M (±1% cap)
NOI $84,365 @ 7.0% cap · market cap 16.30%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Self Construction Co Construction Company

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Kitchen & Bath Showroom HVAC Service Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Drive-in doors
Yes
Fenced yard
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

234
Businesses Nearby
Well-served
Demand for This Use

Demographics for 74401, OK

16,181
Population
7,818
Households
2.1
Avg Household Size
40
Median Age
16%
College-Educated
85%
High-School Grad
110.9 sq mi
ZIP Area
146
Density / Sq Mi
$39,767
Median Household Income
$32,700
Median Earnings
$827
Median Rent
$122,300
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

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - C-2-zoned property pairs refreshed interior space with a gated rear work area and covered parking.
Where is this flex space located?
The property is located at 1907 N 11th Street Muskogee, OK.
What is the asking price?
The asking price for this property is $517,500.
What are key features of this property?
This property features: 9,336 square feet across the main building and rear shop; Main building includes 4,485 square feet on the ground floor and 1,273 square feet of unfinished, climate‑controlled upper‑level space; Rear shop offers 3,578 square feet of workspace and 220‑volt electric service
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Includes: Price & PSF · Cap rate · Location · Zoning

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