Retail Storefront
New
For Sale
$139,000
319 N Wood Drive, Okmulgee, OK 74447
Commercial, Okmulgee, OK
Property Size984 SF
Lot Size0.32 Acres
Price / SF$141.26
Days on Market2
Property Features for 319 N Wood Drive
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning
COM
Parking features
Off Street
Elementary school district
Okmulgee - Sch Dist (91)
Middle school district
Okmulgee - Sch Dist (91)
High school district
Okmulgee - Sch Dist (91)
Directions
Located on the corner of Wood Dr and 2nd St.
Standard status
Active
APN
1100-00-036-004-0-001-00
Size
984 SF
Lot size
0.32 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
OT OKMULGEE LT 4 LESS HWY BLK 36 and OT OKMULGEE LT 5 LESS HWY BLK 36
Tax Annual Amount
562
Legal Description
OT OKMULGEE LT 4 LESS HWY BLK 36 and OT OKMULGEE LT 5 LESS HWY BLK 36
Building Details
Year built
1997
Flooring type
Concrete
Building materials
Aluminum
Roof type
Composition
Listing Agency:
Keller Williams Advantage · Keller Williams Realty
(918) 291-2425
Listed By:
Jamie Goodnight · License #159613
(918) 510-0887
Added: Oct 16
Last Checked: Oct 17 at 12:06AM
MLS# 2637757
Copyright © 2026 MLS Technology, 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 984-square-foot storefront was built in 1997 and features aluminum construction, a composition roof, and concrete flooring. Off-street parking is available, and the property carries COM zoning.
The offering includes the neighboring lot to the south, bringing the stated combined site area to 14,000 square feet. The property is in Okmulgee, Oklahoma.
The offering includes the neighboring lot to the south, bringing the stated combined site area to 14,000 square feet. The property is in Okmulgee, Oklahoma.
Key Highlights
- 984‑square‑foot storefront on a 0.321‑acre lot
- The included lot to the south brings the stated total site area to 14,000 square feet
- Built in 1997
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
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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 compact commercial building has concrete flooring, off-street parking, and COM zoning.
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 on a 0.321‑acre lot; The included lot to the south brings the stated total site area to 14,000 square feet; Built in 1997
