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2611 W Shawnee Street, Muskogee, OK, 74401
Commercial Lot with Warehouse Shell

2611 W Shawnee Street Muskogee, OK 74401

New
For Sale
$375,000

COMMERCIAL - Muskogee, OK

Property Size2,000 SF
Lot Size0.92 Acres
Price / SF$187.50
Days on Market3

Property Features for 2611 W Shawnee Street

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
I-1
Standard status
Active
APN
510010449
Size
2,000 SF
Lot size
0.92 Acres

Taxes and HOA fees

Tax Year
2024
Tax Description
LOT 9 Home Acres I
Tax Annual Amount
1198

Building Details

Year built
1975
Flooring type
Concrete
Building materials
Aluminum
Roof type
Metal
Listing Agency: Interstate Properties, Inc.
Listed By: Karra M Wardour · License #157525
Added: Jul 21 Last Checked: Jul 23 at 7:06PM
MLS# 2626820

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.


Investment Insights

Based on property information with market context.

This commercial lot offers just under an acre of developable land in Muskogee, OK, with a structure positioned at the back of the property described as a shell. The site has utilities pulled onto the property, including electric, water, and sewer.

The property is located along W Shawnee Street and is zoned I-1. The existing shell structure and brought-in utilities can support a variety of business-focused buildout plans while keeping the underlying land footprint available for development.

Key Highlights

  • Commercial lot just under 1 acre in Muskogee along Shawnee
  • Structure on back is a shell
  • All utilities are on site: electric, water, and sewer

Financial Insights For Warehouse

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 $15.6k $7.80
− Vacancy −$1.2k −$0.62
EGI $14.4k $7.18
− OpEx −$2.2k −$1.08
NOI $12.2k $6.10
2,000 SF · lease $7.80/SF/yr · vacancy 8.00% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$174.3K
$152.5K – $203.3K (±1% cap)
NOI $12,199 @ 7.0% cap · market cap 3.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$418.6K
$366.3K – $488.4K (±1% cap)
NOI $29,303 @ 7.0% cap · market cap 7.81%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Building Supply Dental Office HVAC Service Nail Salon Pharmacy Electrical Service Kitchen & Bath Showroom Spa & Massage Center Grocery & Convenience Store Storage Facility

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Commercial land - Under one acre commercial lot with a back-of-site shell structure and utilities pulled for electric, water, and sewer.
Where is this commercial land located?
The property is located at 2611 W Shawnee Street Muskogee, OK.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Commercial lot just under 1 acre in Muskogee along Shawnee; Structure on back is a shell; All utilities are on site: electric, water, and sewer
More about this property
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