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301 CORNWELL DR, Yukon, OK 73099

Commercial zoning supports office, personal service, restaurant, and select retail uses, subject to applicable requirements.

Property Size3,000 SF
Price / SF$161.67
Days on Market4

Property Features for 301 CORNWELL DR

General Information

Standard status Active
Size 3,000 SF
Property subtype OFFICE

Additional Details

Road Access Yes
Listing Agency: Solas Real Estate
Listed By: Ryan Motsinger · License #174636
Source: Moodyscre
Added: Oct 16 Changed: Oct 19 Last Checked: Oct 19 at 2:21PM

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 Solas Real Estate

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Investment Insights

Based on property information with market context.

This 3,000-square-foot office property is arranged with six private offices, a conference room, and rear workspace with a kitchen area. The layout may be reconfigured or expanded to add offices, subject to applicable requirements. Commercial zoning supports a range of potential uses, including professional and medical offices, personal services, restaurant concepts, and select retail.

The property is on Cornwell Drive in Yukon, just south of Route 66. Cornwell Drive carries approximately 12,445 vehicles per day, while Route 66 records 20,830 vehicles per day.

Key Highlights

  • 3,000‑square‑foot office layout
  • Six private offices and a conference room
  • Rear workspace and kitchen area

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$38,993
Cap Rate
8.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$779,860 $779.9K
Cap Rate 7%
$557,043 $557.0K
Cap Rate 9%
$433,256 $433.3K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$58.0K $19.32/SF
− Vacancy
−$6.0K −$1.99/SF
EGI
$52.0K $17.33/SF
− OpEx
−$13.0K −$4.33/SF
NOI
$39.0K $13.00/SF
Area
Canadian County, OK
Vacancy
10.30%
Lease Rate
$19.32 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$779,860
Cap Rate 7%
$557,043
Cap Rate 9%
$433,256

Alternative Uses

Best Use
Office B
$557.0K
$487.4K – $649.9K (±1% cap)
NOI $38,993 @ 7.0% cap · market cap 8.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$653.2K
$571.6K – $762.1K (±1% cap)
NOI $45,725 @ 7.0% cap · market cap 9.43%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

John Mercer - State ... Insurance Agency

Suggested Use

Top Pick Real Estate Agency Restaurant Big Box & Wholesale Store Building Supply Dental Office Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

588
Businesses Nearby

Demographics for 73099, OK

83,213
Population
32,654
Households
2.5
Avg Household Size
35
Median Age
35%
College-Educated
94%
High-School Grad
124.7 sq mi
ZIP Area
667
Density / Sq Mi
$86,198
Median Household Income
$46,490
Median Earnings
$1,255
Median Rent
$229,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Commercial zoning supports office, personal service, restaurant, and select retail uses, subject to applicable requirements.
Where is this office unit located?
The property is located at 301 CORNWELL DR Yukon, OK.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: 3,000‑square‑foot office layout; Six private offices and a conference room; Rear workspace and kitchen area
(405) 513-1299 Call to check price and availability
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