Insulated Flex Building with Overhead
26091 State Hwy 51, Wagoner, OK 74467
For Sale
$1,299,400
Commercial, Wagoner, OK
Property Size11,600 SF
Lot Size6.00 Acres
Price / SF$112.02
Days on Market97
Property Features for 26091 State Hwy 51
General Information
Property type
Property subtype
Zoning
Security features
Interior features
Exterior features
Fencing
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Additional Details
Property Use
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Building Details
Year built
Floors in Building
Flooring type
Building materials
Roof type
Additional Structures
Buildings
Listing Agency:
Realty Connect
(918) 901-9690
Listed By:
Tina Berryhill · License #184167
(918) 344-6711
Added: Aug 2
Changed: Oct 27
Last Checked: Nov 6 at 9:06PM
MLS# 2628532
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.
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.
Built in 2020, this 11,600-square-foot flex building on approximately 6 acres combines showroom, drive-through, office, and shop areas. The property includes six 14'x14' insulated overhead doors, four 10'x10' insulated overhead doors, and two powered drive-through doors. Shop ceilings reach 16 feet, while the drive-through and showroom/office areas have 11-foot ceilings. Interior improvements include epoxy concrete floors, an indoor wash bay, kitchen, men’s and women’s restrooms, two offices, work benches, shop sinks, a floor safe, and security closures for walk-in glass doors.
Construction features include 6-inch 4500-PSI concrete, concrete approaches at each overhead door, insulated metal walls and roof, 440-amp electrical service, gas heaters and sinks in both 50'x50' shops, and a 22k Generac generator. Exterior improvements include a 10'x90' covered porch, 5+ acres of gravel parking, a reinforced driveway, and a 1/4-inch pipe fence. The property is located at 26091 State Hwy 51 in Wagoner, between the Muskogee Turnpike and Highway 69, approximately 15 miles south of Highway 412.
Construction features include 6-inch 4500-PSI concrete, concrete approaches at each overhead door, insulated metal walls and roof, 440-amp electrical service, gas heaters and sinks in both 50'x50' shops, and a 22k Generac generator. Exterior improvements include a 10'x90' covered porch, 5+ acres of gravel parking, a reinforced driveway, and a 1/4-inch pipe fence. The property is located at 26091 State Hwy 51 in Wagoner, between the Muskogee Turnpike and Highway 69, approximately 15 miles south of Highway 412.
Key Highlights
- 11,600 SF metal flex building on approximately 6 acres
- Six 14'x14' and four 10'x10' insulated overhead doors, plus two powered drive‑through doors
- 5+ acres of gravel parking with a reinforced main driveway
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$100,976
Cap Rate
7.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,019,520
$2.0M
Cap Rate 7%
$1,442,514
$1.4M
Cap Rate 9%
$1,121,956
$1.1M
Market Conditions
NOI Build-Up for 11,600 SF
Gross rent
$167.0K $14.40/SF
− Vacancy
−$11.7K −$1.01/SF
EGI
$155.3K $13.39/SF
− OpEx
−$54.4K −$4.69/SF
NOI
$101.0K $8.70/SF
Area
Wagoner County, OK
Vacancy
7.00%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,019,520
Cap Rate 7%
$1,442,514
Cap Rate 9%
$1,121,956
Alternative Uses
Best Use
Flex RnD
$1.44M
$1.26M – $1.68M
NOI $100,976 @ 7.0% cap · market cap 7.77%
Second Best
Warehouse
$967.4K
$846.4K – $1.13M
NOI $67,715 @ 7.0% cap · market cap 5.21%
Theoretical Best
Office A
$2.74M
$2.39M – $3.19M
NOI $191,539 @ 7.0% cap · market cap 14.74%
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
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
294
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 74467, OK
13,981
Population
6,826
Households
2
Avg Household Size
44
Median Age
20%
College-Educated
88%
High-School Grad
154.1 sq mi
ZIP Area
91
Density / Sq Mi
$58,398
Median Household Income
$39,350
Median Earnings
$852
Median Rent
$149,500
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
Frequently Asked Questions
What type of property is this?
Flex space - C-3-zoned flex property with highway frontage, extensive gravel parking, and space for retail, service, or industrial operations.
Where is this flex space located?
The property is located at 26091 State Hwy 51 Wagoner, OK.
What is the asking price?
The asking price for this property is $1,299,400.
What are key features of this property?
This property features: 11,600 SF metal flex building on approximately 6 acres; Six 14'x14' and four 10'x10' insulated overhead doors, plus two powered drive‑through doors; 5+ acres of gravel parking with a reinforced main driveway
