Storefront Property with Included
For Sale
$139,000
319 N Wood Drive, Okmulgee, OK 74447
The sale includes the southern lot, bringing the combined property to 14,000 square feet.
Property Size984 SF
Lot Size0.32 Acres
Price / SF$141.26
Days on Market13
Property Features for 319 N Wood Drive
General Information
Standard status
Active
Size
984 SF
Lot size
0.32 Acres
Taxes and HOA fees
Annual Taxes
$562
Listing Agency:
Keller Williams Advantage
(918) 291-2425
Listed By:
Jamie Goodnight · License #159613
(918) 510-0887
Source:
Exprealty
Added: Oct 16
Changed: Oct 25
Last Checked: Oct 26 at 7:59PM
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 Advantage
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This storefront property has 984 square feet of building area. The southern lot is included in the sale, for a combined total of 14,000 square feet of space.
Located at 319 N Wood Drive in Okmulgee, the property is identified as a commercial storefront.
Located at 319 N Wood Drive in Okmulgee, the property is identified as a commercial storefront.
Key Highlights
- 984‑square‑foot storefront building
- Southern lot included; 14,000 square feet of combined space
- Located at 319 N Wood Drive in Okmulgee, Oklahoma
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,878
Cap Rate
7.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$217,560
$217.6K
Cap Rate 7%
$155,400
$155.4K
Cap Rate 9%
$120,867
$120.9K
Market Conditions
NOI Build-Up for 984 SF
Gross rent
$16.5K $16.80/SF
− Vacancy
−$992 −$1.01/SF
EGI
$15.5K $15.79/SF
− OpEx
−$4.7K −$4.74/SF
NOI
$10.9K $11.05/SF
Area
Okmulgee County, OK
Vacancy
6.00%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$217,560
Cap Rate 7%
$155,400
Cap Rate 9%
$120,867
Alternative Uses
Best Use
Retail
$155.4K
$136.0K – $181.3K
NOI $10,878 @ 7.0% cap · market cap 7.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$232.1K
$203.1K – $270.8K
NOI $16,248 @ 7.0% cap · market cap 11.69%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
403
Businesses Nearby
61k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 54%
Dining 46%
Okmulgee #4
Shops & Services
18,254 visits/mo
0.1 miles
SONIC Drive In
Dining
11,399 visits/mo
0.1 miles
Arby's
Dining
8,898 visits/mo
0.0 miles
Okmulgee #1
Shops & Services
8,002 visits/mo
0.1 miles
KFC
Dining
4,992 visits/mo
0.1 miles
Demographics for 74447, OK
15,534
Population
7,295
Households
2.1
Avg Household Size
40
Median Age
18%
College-Educated
89%
High-School Grad
231.8 sq mi
ZIP Area
67
Density / Sq Mi
$45,855
Median Household Income
$30,851
Median Earnings
$801
Median Rent
$101,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Storefront property - The sale includes the southern lot, bringing the combined property to 14,000 square feet.
Where is this storefront property located?
The property is located at 319 N Wood Drive Okmulgee, OK.
What is the asking price?
The asking price for this property is $139,000.
What are key features of this property?
This property features: 984‑square‑foot storefront building; Southern lot included; 14,000 square feet of combined space; Located at 319 N Wood Drive in Okmulgee, Oklahoma
