Storefront Building with Pole
New
For Sale
$399,500
403 E 8th Street, Okmulgee, OK 74447
Commercial, Okmulgee, OK
Property Size2,700 SF
Lot Size0.32 Acres
Price / SF$147.96
Days on Market3
Property Features for 403 E 8th Street
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning
COM
Exterior features
Pole Sign, Sidewalk
Subdivision
Okmulgee OT
Elementary school district
Okmulgee - Sch Dist (91)
Middle school district
Okmulgee - Sch Dist (91)
High school district
Okmulgee - Sch Dist (91)
Directions
From wood Dr, go west on 8th St. Property on right side at corner of 8th/ Muskogee Ave at stop light.
Standard status
Active
Size
2,700 SF
Lot size
0.32 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
OT OKMULGEE LOT 4 BLK 104
Tax Annual Amount
883
Legal Description
OT OKMULGEE LOT 4 BLK 104
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1979
Building materials
Concrete
Roof type
Built-Up
Listing Agency:
Keller Williams Advantage · Keller Williams Realty
(918) 291-2425
Listed By:
Jamie Goodnight
(918) 510-0887
Added: Oct 20
Last Checked: Oct 22 at 2:06PM
MLS# 2638190
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 2,700-square-foot storefront sits on a 0.321-acre corner parcel in Okmulgee. The building dates to 1979 and has concrete construction, central heating and air conditioning, and a built-up roof. Interior features include one bathroom, office space, and a storage unit. The existing lease has approximately 7.5 years remaining.
A pole sign and sidewalk are among the site features. The property is zoned COM.
A pole sign and sidewalk are among the site features. The property is zoned COM.
Key Highlights
- 2,700‑square‑foot storefront on a 0.321‑acre corner lot
- Approximately 7.5 years remain on the current lease
- Includes office space, a storage unit, and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,847
Cap Rate
7.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$596,940
$596.9K
Cap Rate 7%
$426,386
$426.4K
Cap Rate 9%
$331,633
$331.6K
Market Conditions
NOI Build-Up for 2,700 SF
Gross rent
$45.4K $16.80/SF
− Vacancy
−$2.7K −$1.01/SF
EGI
$42.6K $15.79/SF
− OpEx
−$12.8K −$4.74/SF
NOI
$29.8K $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%
$596,940
Cap Rate 7%
$426,386
Cap Rate 9%
$331,633
Alternative Uses
Best Use
Retail
$426.4K
$373.1K – $497.5K
NOI $29,847 @ 7.0% cap · market cap 7.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$636.9K
$557.3K – $743.0K
NOI $44,582 @ 7.0% cap · market cap 11.16%
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
632
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
0.4 miles
SONIC Drive In
Dining
11,399 visits/mo
0.3 miles
Arby's
Dining
8,898 visits/mo
0.4 miles
Okmulgee #1
Shops & Services
8,002 visits/mo
0.4 miles
KFC
Dining
4,992 visits/mo
0.4 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
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Storefront property - A current lease accompanies office and storage areas, with a bathroom serving the property.
Where is this storefront property located?
The property is located at 403 E 8th Street Okmulgee, OK.
What is the asking price?
The asking price for this property is $399,500.
What are key features of this property?
This property features: 2,700‑square‑foot storefront on a 0.321‑acre corner lot; Approximately 7.5 years remain on the current lease; Includes office space, a storage unit, and 1 bathroom
