407 W Will Rogers Blvd Claremore, OK 74017
Income-producing property in the heart of Claremore's historic Lilac District.
Property Features for 407 W Will Rogers Blvd
General Information
- Standard status
- Active
- Size
- 3,760 SF
Listing office Keller Williams Premier (918) 244-9706
Listing date Apr 15, 2026
Source Exprealty
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Investment Insights
Based on property information with market context.
Key Highlights
- Prime location in Claremore's historic Lilac District, surrounded by shops and restaurants.
- Income‑producing property with existing leases on both retail and Airbnb units.
- Fully renovated mixed‑use building combining historic charm with updated functionality.
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $49.6k | $13.20 |
| − Vacancy | −$5.0k | −$1.32 |
| EGI | $44.7k | $11.88 |
| − OpEx | −$16.8k | −$4.46 |
| NOI | $27.9k | $7.42 |