Industrial Office Warehouse
2601 W Shawnee St Muskogee, OK 74401
2601 W Shawnee St, Muskogee, OK, 74401
$910,000
For Sale
$910,000
Office-warehouse with multiple grade-level doors, outdoor storage, ample parking, and highway corridor exposure.
Property Size13,750 SF
Lot Size1.84 Acres
Price / SF$66.18
Days on Market28
Property Features for 2601 W Shawnee St
General Information
- Standard status
- Active
- Size
- 13,750 SF
- Lot size
- 1.84 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1984
Listing agency
McGraw Commercial Properties
(918) 853-7337
Listed by
Neil Dailey, SIOR · License #184596
(918) 853-7337
Source
Mcgrawcp
Added: Jun 25 Updated: Jul 22 at 12:38PM Checked: Jul 22 at 12:38PM
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 McGraw Commercial Properties
Investment Insights
Based on property information with market context.
This industrial office-warehouse includes approximately 13,750 SF on a 1.84-acre site. The improvements feature multiple grade-level loading doors, outdoor storage capability, and ample parking with truck circulation. Renovations were completed in 2022.
The property provides highway corridor exposure along Highway 62. Public remarks also note billboard ground lease income associated with the site.
The facility’s combination of office space and warehouse functionality, along with its loading access and outdoor storage, supports tenants looking for a practical yard-and-door configuration on a highway-exposed lot.
The property provides highway corridor exposure along Highway 62. Public remarks also note billboard ground lease income associated with the site.
The facility’s combination of office space and warehouse functionality, along with its loading access and outdoor storage, supports tenants looking for a practical yard-and-door configuration on a highway-exposed lot.
Key Highlights
- 13,750 SF office‑warehouse on 1.84 acres, built in 1984
- Multiple grade‑level loading doors for warehouse access
- Outdoor storage capability on the 1.84‑acre site
Local Financial Insights For Industrial
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 | $107.3k | $7.80 |
| − Vacancy | −$8.6k | −$0.62 |
| EGI | $98.7k | $7.18 |
| − OpEx | −$29.6k | −$2.15 |
| NOI | $69.1k | $5.02 |
13,750 SF · lease $7.80/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Flex RnD
$1.27M
$1.11M – $1.48M
NOI $88,846 @ 7.0% cap · market cap 9.76%
Second Best
Warehouse
$1.20M
$1.05M – $1.40M
NOI $83,870 @ 7.0% cap · market cap 9.22%
Theoretical Best
Office A
$2.88M
$2.52M – $3.36M
NOI $201,461 @ 7.0% cap · market cap 22.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
IVI, Inc.
Metal Fabrication Plant
Young's Sheet Metal, ...
Production Facility
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Office-warehouse with multiple grade-level doors, outdoor storage, ample parking, and highway corridor exposure.
Where is this flex space located?
The property is located at 2601 W Shawnee St Muskogee, OK.
What is the asking price?
The asking price for this property is $910,000.
What are key features of this property?
This property features: 13,750 SF office‑warehouse on 1.84 acres, built in 1984; Multiple grade‑level loading doors for warehouse access; Outdoor storage capability on the 1.84‑acre site
