Flex Space with Overhead
For Sale
$184,900
26229 180th Street, Purcell, OK 73080
Commercial Sale, Purcell, OK
Property Size900 SF
Lot Size1.00 Acre
Price / SF$205.44
Days on Market147
Property Features for 26229 180th Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Directions
Exit 91 off I-35, take HWY 74 SW from Purcell 1 mile to address, on East corner of HWY74 and 180th.
Standard status
Active
APN
26229NONE180th73080
Size
900 SF
Lot size
1.00 Acre
Utilities
Sewer type
Aerobic Septic
Water source
Public
Amenities
covered front porch
Building Details
Year built
2018
Floors in Building
1
Listing Agency:
CENTURY 21 Judge Fite Company · Century 21 Real Estate
(405) 366-1111
Listed By:
Damon Duck · License #141218
(405) 650-0091
Added: May 14
Changed: Sep 30
Last Checked: Oct 7 at 5:06PM
MLS# 1229495
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.
Investment Insights
Based on property information with market context.
Built in 2018, this commercial-zoned metal building provides approximately 900 square feet of retail or office space, along with a lean-to and an additional office area. Four overhead doors serve the building: two are 8 feet and two are 12 feet. The property also has concrete floors and a 12' x 30' covered porch at the front. A mini-split serves the main bay, with a window unit in the office area; three exterior water spigots are also present.
The 1-acre property sits outside Purcell city limits at State Highway 74 and 180th Street. Utility service includes city water, aerobic septic, OEC fiber, and OGE electric. Its previous operations included a produce stand and car lot.
The 1-acre property sits outside Purcell city limits at State Highway 74 and 180th Street. Utility service includes city water, aerobic septic, OEC fiber, and OGE electric. Its previous operations included a produce stand and car lot.
Key Highlights
- 1 acre with a commercial‑zoned metal building, outside Purcell city limits
- Approximately 900 square feet of retail or office space, plus a lean‑to and separate office area
- Four overhead doors: two 8‑foot doors and two 12‑foot doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,179
Cap Rate
6.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$223,580
$223.6K
Cap Rate 7%
$159,700
$159.7K
Cap Rate 9%
$124,211
$124.2K
Market Conditions
NOI Build-Up for 900 SF
Gross rent
$18.9K $21.00/SF
− Vacancy
−$1.7K −$1.89/SF
EGI
$17.2K $19.11/SF
− OpEx
−$6.0K −$6.69/SF
NOI
$11.2K $12.42/SF
Area
McClain County, OK
Vacancy
9.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$223,580
Cap Rate 7%
$159,700
Cap Rate 9%
$124,211
Alternative Uses
Best Use
Flex RnD
$159.7K
$139.7K – $186.3K
NOI $11,179 @ 7.0% cap · market cap 6.05%
Second Best
Retail
$128.3K
$112.2K – $149.6K
NOI $8,978 @ 7.0% cap · market cap 4.86%
Theoretical Best
Specialty Retail
$217.5K
$190.4K – $253.8K
NOI $15,228 @ 7.0% cap · market cap 8.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
25
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 73080, OK
10,108
Population
4,007
Households
2.5
Avg Household Size
39
Median Age
23%
College-Educated
81%
High-School Grad
100.1 sq mi
ZIP Area
101
Density / Sq Mi
$71,535
Median Household Income
$42,128
Median Earnings
$881
Median Rent
$206,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Flex space - A metal building pairs retail or office space with a lean-to, covered porch, and practical service features.
Where is this flex space located?
The property is located at 26229 180th Street Purcell, OK.
What is the asking price?
The asking price for this property is $184,900.
What are key features of this property?
This property features: 1 acre with a commercial‑zoned metal building, outside Purcell city limits; Approximately 900 square feet of retail or office space, plus a lean‑to and separate office area; Four overhead doors: two 8‑foot doors and two 12‑foot doors
