Functional Medical Office
2602 Chandler Road Muskogee, OK 74403
For Sale
Contact for pricing
Chiropractic office with treatment rooms, offices, and parking.
Property Size3,736 SF
Price / SF$132.49
Days on Market79
Property Features for 2602 Chandler Road
General Information
Standard status
Active
Size
3,736 SF
Property subtype
Business for Sale, Office
Building Details
Year Built
1960
Listing Agency:
Interstate Properties Inc
Listed By:
Earnie Gilder · License #OK
Source:
Crexi
Added: May 12
Changed: Jul 10
Last Checked: Jul 29 at 5:52AM
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 Interstate Properties Inc
Investment Insights
Based on property information with market context.
This is a fully functional chiropractic office building with a total size of 3,736 square feet. The property features 10 treatment rooms, 3 bathrooms (including 1 full bathroom), a lobby, and 4 offices. It also includes a full kitchen and washer & dryer connections. The building is equipped with 2 water heaters (1 gas and 1 electric) and 3 HVAC units with gas heat. The roof is less than 10 years old. The property provides ample parking. Located on the east side of Muskogee, this building is suitable for any medical office.
Key Highlights
- Fully functional chiropractic office building, suitable for any medical practice.
- Features 10 treatment rooms, 4 offices, lobby, and a full kitchen.
- Roof is less than 10 years old.
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 | $67.2k | $18.00 |
| − Vacancy | −$13.2k | −$3.53 |
| EGI | $54.1k | $14.47 |
| − OpEx | −$13.5k | −$3.62 |
| NOI | $40.6k | $10.85 |
3,736 SF · lease $18.00/SF/yr · vacancy 19.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$579.3K
$506.9K – $675.9K
NOI $40,551 @ 7.0% cap · market cap 8.19%
Second Best
Healthcare Medical
$498.7K
$436.4K – $581.8K
NOI $34,908 @ 7.0% cap · market cap 7.05%
Theoretical Best
Office A
$782.0K
$684.2K – $912.3K
NOI $54,739 @ 7.0% cap · market cap 11.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Dr. Janet S. Blake, DVM — 2604 chandler rd, muskogee, ok 74403
Frequently Asked Questions
What type of property is this?
Medical Office Space - Chiropractic office with treatment rooms, offices, and parking.
Where is this medical office space located?
The property is located at 2602 Chandler Road Muskogee, OK.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Fully functional chiropractic office building, suitable for any medical practice.; Features **10 treatment rooms, 4 offices, lobby, and a full kitchen.**; Roof is less than 10 years old.
