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Retail Space

3030 W Okmulgee Ave, Muskogee, OK 74401

For Sale
Contact for pricing

The offering carries a 5.59% cap rate.

Property Size3,913 SF
Price / SF$306.67
Days on Market22

Property Features for 3030 W Okmulgee Ave

General Information

Standard status Active
Size 3,913 SF
Property subtype Retail

Additional Details

Cap Rate 5.59%
Listing Agency: Realty ONE Group Dreamers
Listed By: Ryan Matthews · License #206077
Source: Crexi
Added: Oct 19 Changed: Nov 8 Last Checked: Nov 8 at 2:57PM

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 Realty ONE Group Dreamers

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Investment Insights

Based on property information with market context.

This retail space at 3030 W. Okmulgee Ave in Muskogee, Oklahoma, contains 3,913 square feet. The offering is presented at a 5.59% cap rate.

Key Highlights

  • 3,913‑square‑foot retail space
  • 5.59% cap rate
  • Located at 3030 W. Okmulgee Ave, Muskogee, OK 74401

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$40,018
Cap Rate
3.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$800,360 $800.4K
Cap Rate 7%
$571,686 $571.7K
Cap Rate 9%
$444,644 $444.6K
Market Conditions
NOI Build-Up for 3,913 SF
Gross rent
$58.7K $15.00/SF
− Vacancy
−$1.5K −$0.39/SF
EGI
$57.2K $14.61/SF
− OpEx
−$17.2K −$4.38/SF
NOI
$40.0K $10.23/SF
Area
Muskogee County, OK
Vacancy
2.60%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$800,360
Cap Rate 7%
$571,686
Cap Rate 9%
$444,644

Alternative Uses

Best Use
Retail
$571.7K
$500.2K – $667.0K (±1% cap)
NOI $40,018 @ 7.0% cap · market cap 3.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$819.0K
$716.7K – $955.5K (±1% cap)
NOI $57,332 @ 7.0% cap · market cap 4.78%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Mazzio's Italian Eatery Restaurant

Suggested Use

Top Pick Real Estate Agency Hair Salon Law Firm Big Box & Wholesale Store Electrical Service Nail Salon

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

Location Intelligence

Trade Area within ½ mile

687
Businesses Nearby
93k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 84% Shops & Services 13% Electronics 2%
McDonald's Dining
27,332 visits/mo 0.1 miles
Wendy's Dining
13,430 visits/mo 0.3 miles
Taco Bell Dining
11,154 visits/mo 0.1 miles
El Toro Dining
9,985 visits/mo 0.5 miles
Arby's Dining
7,747 visits/mo 0.4 miles

Demographics for 74401, OK

16,181
Population
7,818
Households
2.1
Avg Household Size
40
Median Age
16%
College-Educated
85%
High-School Grad
110.9 sq mi
ZIP Area
146
Density / Sq Mi
$39,767
Median Household Income
$32,700
Median Earnings
$827
Median Rent
$122,300
Median Home Value

Market

Average Price Trend$/SF for Retail space in Muskogee County, OK

$55.91 Jul
$77.51 Aug
$96.55 Sep
$95.73 Oct

Properties on Market for Retail space in Muskogee County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Retail space - The offering carries a 5.59% cap rate.
Where is this retail space located?
The property is located at 3030 W Okmulgee Ave Muskogee, OK.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 3,913‑square‑foot retail space; 5.59% cap rate; Located at 3030 W. Okmulgee Ave, Muskogee, OK 74401
(539) 367-1555 · Office Call to check price and availability
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