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Concrete Storefront with Display Windows
For Sale
$699,000

321 S Lynn Riggs Boulevard, Claremore, OK 74017

Commercial, Claremore, OK

Property Size3,200 SF
Lot Size0.93 Acres
Price / SF$218.44
Days on Market138

Property Features for 321 S Lynn Riggs Boulevard

General Information

Property type Commercial Sale
Property subtype Other
Zoning Retail
Parking features Garage, Off Street
Security features Security System
Interior features 9' Ceiling Height, Display Window, High Speed Internet, Security System-Owned, Smoke Detector, Suspended Ceiling, Vaulted Ceiling
Exterior features Door Sign, Lighting, Pole Sign, Sidewalk, Storage
Subdivision CLAREMORE OT
Elementary school district Claremore - Sch Dist (20)
Middle school district Claremore - Sch Dist (20)
High school district Claremore - Sch Dist (20)
Directions From Downtown Claremore Highway 66 and 20, go south on Highway 66 2 blocks, see sign on Right.
Standard status Active
APN 660007110
Size 3,200 SF
Lot size 0.93 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Lot 4 Block 135 Claremore OT Less the North 5' Thereof. 21N-16E-08 Rogers County
Tax Annual Amount 1735
Legal Description Lot 4 Block 135 Claremore OT Less the North 5' Thereof. 21N-16E-08 Rogers County

Utilities

Utilities Cable Available
Heating system Central
Cooling system Zoned, Central Air

Building Details

Year built 1960
Floors in Building 1
Flooring type Concrete, Vinyl
Building materials Concrete
Additional Structures Storage
Listing Agency: Keller Williams Premier · Keller Williams Realty
Listed By: Dawna Barnes
Added: Jun 4 Changed: Oct 15 Last Checked: Oct 19 at 1:06AM
MLS# 2620430

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 3,200-square-foot concrete storefront property, built in 1960, is configured for retail or office use. The interior includes a reception area, four-plus offices, a separate entrance serving the office area, and a rear expansion area. Display windows, suspended and vaulted ceilings, vinyl and concrete flooring, central air, zoned cooling, and central heating are among the existing features. The building includes 1.5 baths, a garage, and off-street parking.

Located at 321 S Lynn Riggs Boulevard in Claremore, the property fronts Route 66 within the downtown area. The 0.93-acre site also includes sidewalk access, exterior lighting, a pole sign, storage, and cable availability. Retail zoning supports the property’s storefront-oriented configuration.

Key Highlights

  • 3,200 square feet on a 0.93‑acre site
  • Retail zoning with storefront‑oriented layout
  • Display windows and exterior pole sign

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$44,913
Cap Rate
6.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$898,260 $898.3K
Cap Rate 7%
$641,614 $641.6K
Cap Rate 9%
$499,033 $499.0K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$68.0K $21.24/SF
− Vacancy
−$3.8K −$1.19/SF
EGI
$64.2K $20.05/SF
− OpEx
−$19.2K −$6.02/SF
NOI
$44.9K $14.04/SF
Area
Rogers County, OK
Vacancy
5.60%
Lease Rate
$21.24 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$898,260
Cap Rate 7%
$641,614
Cap Rate 9%
$499,033

Alternative Uses

Best Use
Retail
$641.6K
$561.4K – $748.6K (±1% cap)
NOI $44,913 @ 7.0% cap · market cap 6.43%
Second Best
Office B
$602.9K
$527.5K – $703.4K (±1% cap)
NOI $42,203 @ 7.0% cap · market cap 6.04%
Theoretical Best
Specialty Retail
$801.5K
$701.3K – $935.0K (±1% cap)
NOI $56,102 @ 7.0% cap · market cap 8.03%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Affordable Bail Bonds ... Law Firm Affordable Medical Cannabis ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Building Supply HVAC Service Kitchen & Bath Showroom Bakery Electrical Service Auto Parts Store

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

1,235
Businesses Nearby
Balanced
Demand for This Use

Demographics for 74017, OK

29,083
Population
12,038
Households
2.4
Avg Household Size
40
Median Age
23%
College-Educated
92%
High-School Grad
140.5 sq mi
ZIP Area
207
Density / Sq Mi
$65,519
Median Household Income
$38,165
Median Earnings
$1,015
Median Rent
$184,400
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

Similar Off Market Nearby

  • Blooms Studio — 609 S Brady St #121, Claremore, OK 74017
  • Crooked Roots Design — 323 W Will Rogers Blvd, Claremore, OK 74017
  • Florists Choice — 316 N Missouri Ave, Claremore, OK 74017

Frequently Asked Questions

What type of property is this?
Storefront property - Retail-zoned building with reception space, multiple offices, rear expansion area, and off-street parking.
Where is this storefront property located?
The property is located at 321 S Lynn Riggs Boulevard Claremore, OK.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 3,200 square feet on a 0.93‑acre site; Retail zoning with storefront‑oriented layout; Display windows and exterior pole sign
More about this property
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