Medical Office
For Sale
Contact for pricing
306 S Hayes Ave, Wagoner, OK 74467
Adjacent to an established dental office, with flexible layout and convenient parking.
Property Size1,040 SF
Price / SF$1.15
Days on Market68
Property Features for 306 S Hayes Ave
General Information
Standard status
Active
Size
1,040 SF
Building Details
Year Built
1982
Listing Agency:
Keller Williams Preferred
Listed By:
Daniel Stone · License #205277
Source:
Cheathamrealty
Added: Aug 10
Changed: Oct 13
Last Checked: Oct 7 at 5:18PM
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 Keller Williams Preferred
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Investment Insights
Based on property information with market context.
This medical office suite contains 1,040 square feet and was built in 1982. Its flexible layout supports wellness, medical, and professional applications, including med spa, massage, and chiropractic use. The suite is located next to an established dental office, creating a healthcare-oriented setting.
The property is at 306 S Hayes Ave in Wagoner, Oklahoma. On-site parking, visibility, and steady traffic are identified among the property features, providing practical considerations for an office user or healthcare operator.
The property is at 306 S Hayes Ave in Wagoner, Oklahoma. On-site parking, visibility, and steady traffic are identified among the property features, providing practical considerations for an office user or healthcare operator.
Key Highlights
- 1,040 SF medical office suite
- Built in 1982
- Adjacent to an established dental office
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,400
Suggested Prices Based on Cap Rates
Cap Rate 5%
$248,000
$248.0K
Cap Rate 7%
$177,143
$177.1K
Cap Rate 9%
$137,778
$137.8K
Market Conditions
NOI Build-Up for 1,040 SF
Gross rent
$22.5K $21.60/SF
− Vacancy
−$1.8K −$1.73/SF
EGI
$20.7K $19.87/SF
− OpEx
−$8.3K −$7.95/SF
NOI
$12.4K $11.92/SF
Area
Wagoner County, OK
Vacancy
8.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$248,000
Cap Rate 7%
$177,143
Cap Rate 9%
$137,778
Alternative Uses
Best Use
Office B
$186.4K
$163.1K – $217.5K
NOI $13,048 @ 7.0% cap · market cap 1,087.33%
Second Best
Healthcare Medical
$177.1K
$155.0K – $206.7K
NOI $12,400 @ 7.0% cap · market cap 1,033.33%
Theoretical Best
Office A
$245.3K
$214.7K – $286.2K
NOI $17,172 @ 7.0% cap · market cap 1,431.00%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
351
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 74467, OK
13,981
Population
6,826
Households
2
Avg Household Size
44
Median Age
20%
College-Educated
88%
High-School Grad
154.1 sq mi
ZIP Area
91
Density / Sq Mi
$58,398
Median Household Income
$39,350
Median Earnings
$852
Median Rent
$149,500
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Medical Office Space - Adjacent to an established dental office, with flexible layout and convenient parking.
Where is this medical office space located?
The property is located at 306 S Hayes Ave Wagoner, OK.
What are key features of this property?
This property features: 1,040 SF medical office suite; Built in 1982; Adjacent to an established dental office
