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Office Building with Private Offices
New
For Sale
$485,000

301 Cornwell Drive, Yukon, OK 73099

Commercial Sale, Yukon, OK

Property Size3,000 SF
Lot Size0.37 Acres
Price / SF$161.67
Days on Market1

Property Features for 301 Cornwell Drive

General Information

Property type Commercial Sale
Property subtype Office
Zoning Commercial
Directions South on Cornwell from Rt 66. Property is on the East Side of the street just North of the Train Tracks.
Standard status Active
APN 301NONECornwell73099
Size 3,000 SF
Lot size 0.37 Acres

Building Details

Year built 1986
Listing Agency: Solas Real Estate LLC
Listed By: Richie Bean
Added: Oct 19 Last Checked: Oct 19 at 4:06PM
MLS# 1254525

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.

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Investment Insights

Based on property information with market context.

This 3,000-square-foot office building, constructed in 1986, contains six private offices, a conference room, and additional work area. A kitchen is located at the rear, and the existing layout may be reconfigured or expanded with additional offices. The 0.37-acre property has Commercial zoning, with potential applications including professional or medical offices, personal services, restaurant concepts, and select retail, subject to applicable requirements.

The building is on Cornwell Drive, just south of Route 66. Reported daily traffic is 12,445 vehicles on Cornwell Drive and 20,830 vehicles on Route 66.

Key Highlights

  • 3,000‑square‑foot office building on a 0.37‑acre lot
  • Six private offices, a conference room, rear workspace, and kitchen
  • Commercial zoning; potential uses include office, personal services, restaurant, and select retail, subject to applicable requirements

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 building - Commercial zoning and a rear kitchen area complement the existing office configuration.
Where is this office building located?
The property is located at 301 Cornwell Drive 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 building on a 0.37‑acre lot; Six private offices, a conference room, rear workspace, and kitchen; Commercial zoning; potential uses include office, personal services, restaurant, and select retail, subject to applicable requirements
More about this property
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