Concrete Storefront with Display
321 S Lynn Riggs Boulevard, Claremore, OK 74017
For Sale
$699,000
Commercial, Claremore, OK
Property Size3,200 SF
Lot Size0.93 Acres
Price / SF$218.44
Days on Market162
Property Features for 321 S Lynn Riggs Boulevard
General Information
Property type
Property subtype
Zoning
Parking features
Security features
Interior features
Exterior features
Subdivision
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Additional Details
Property Use
Taxes and HOA fees
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Tax Annual Amount
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Utilities
Utilities
Heating system
Cooling system
Building Details
Year built
Floors in Building
Flooring type
Building materials
Additional Structures
Listing Agency:
Keller Williams Premier · Keller Williams Realty
(918) 283-2252
Listed By:
Dawna Barnes · License OK #148516
(918) 906-7906
Added: Jun 4
Changed: Oct 23
Last Checked: Nov 12 at 7:06AM
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.
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
NOI $44,913 @ 7.0% cap · market cap 6.43%
Second Best
Office B
$602.9K
$527.5K – $703.4K
NOI $42,203 @ 7.0% cap · market cap 6.04%
Theoretical Best
Specialty Retail
$801.5K
$701.3K – $935.0K
NOI $56,102 @ 7.0% cap · market cap 8.03%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,235
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
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
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Market
Vacancy Rate% for Office in South region
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
