Three-Suite Mixed-Use
200 S Main Street, Blanchard, OK 73010
For Sale
$650,000
Commercial Sale, Blanchard, OK
Property Size5,000 SF
Lot Size0.40 Acres
Price / SF$130
Days on Market32
Property Features for 200 S Main Street
General Information
Property type
Property subtype
Zoning
Standard status
APN
Size
Lot size
Amenities
loading dock
private yard
Building Details
Year built
Listing Agency:
LB Realty Group-MB of Oklahoma
Listed By:
Lindsey Bunch · License OK #145779
(405) 317-9542
Added: Oct 12
Last Checked: Nov 12 at 10:06AM
MLS# 1249477
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.
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Investment Insights
Based on property information with market context.
At 200 S Main Street in downtown Blanchard, this commercial property is arranged as three independent suites. Each has a street-facing entrance, a rear exit, a private bathroom, and separate utilities. Interior finish work is in place, with flooring left for the next occupant to select. The center suite includes a loading dock for receiving and moving goods.
A separate yard sits across the street to the south. The property is zoned Commercial and was built in 2014. The suite configuration, independent services, and separate yard are key physical components of the offering.
A separate yard sits across the street to the south. The property is zoned Commercial and was built in 2014. The suite configuration, independent services, and separate yard are key physical components of the offering.
Key Highlights
- Three separate suites, each with its own street entrance and rear exit
- Private bathroom and dedicated utilities in each suite
- Loading dock in the middle suite
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,875
Cap Rate
7.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$997,500
$997.5K
Cap Rate 7%
$712,500
$712.5K
Cap Rate 9%
$554,167
$554.2K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$75.0K $15.00/SF
− Vacancy
−$3.8K −$0.75/SF
EGI
$71.3K $14.25/SF
− OpEx
−$21.4K −$4.27/SF
NOI
$49.9K $9.98/SF
Area
McClain County, OK
Vacancy
5.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$997,500
Cap Rate 7%
$712,500
Cap Rate 9%
$554,167
Alternative Uses
Best Use
Mixed Use
$964.3K
$843.8K – $1.13M
NOI $67,500 @ 7.0% cap · market cap 10.38%
Second Best
Retail
$712.5K
$623.4K – $831.3K
NOI $49,875 @ 7.0% cap · market cap 7.67%
Theoretical Best
Specialty Retail
$1.21M
$1.06M – $1.41M
NOI $84,600 @ 7.0% cap · market cap 13.02%
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
Lease Details
3
Office units
Multi-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
277
Businesses Nearby
34k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 94%
Dining 6%
Shell
Shops & Services
19,160 visits/mo
0.4 miles
Dollar Tree
Shops & Services
8,639 visits/mo
0.3 miles
O'Reilly Auto Parts
Shops & Services
4,077 visits/mo
0.3 miles
SUBWAY
Dining
2,070 visits/mo
0.2 miles
Demographics for 73010, OK
20,744
Population
7,770
Households
2.7
Avg Household Size
39
Median Age
26%
College-Educated
91%
High-School Grad
174.5 sq mi
ZIP Area
119
Density / Sq Mi
$86,968
Median Household Income
$47,315
Median Earnings
$1,070
Median Rent
$241,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Each space has its own restroom and utilities, while the central suite includes a loading dock.
Where is this mixed-use property located?
The property is located at 200 S Main Street Blanchard, OK.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Three separate suites, each with its own street entrance and rear exit; Private bathroom and dedicated utilities in each suite; Loading dock in the middle suite
