Six-Parcel Mixed-Use
For Sale
$299,000
419 N Wood Drive, Okmulgee, OK 74447
Commercial, Okmulgee, OK
Property Size1,440 SF
Lot Size1.13 Acres
Price / SF$207.64
Days on Market55
Property Features for 419 N Wood Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Interior features
Attic Exhaust Fan, Public Restrooms
Exterior features
Door Sign, Dumpster, Sidewalk
Subdivision
Okmulgee Co Unplatted
Elementary school district
Okmulgee - Sch Dist (91)
Middle school district
Okmulgee - Sch Dist (91)
High school district
Okmulgee - Sch Dist (91)
Directions
Property located on the SE corner of HW 75 and 1st Street, Okmulgee, OK
Standard status
Active
APN
1100-00-007-003-0-002-00
Size
1,440 SF
Lot size
1.13 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
3 tracts in OT OKMULGEE, Okmulgee Co., OK
Tax Annual Amount
461
Legal Description
3 tracts in OT OKMULGEE, Okmulgee Co., OK
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1964
Flooring type
Vinyl
Building materials
Brick
Roof type
Composition
Listing Agency:
Platinum Realty, LLC.
(888) 220-0988
Listed By:
Nicholas Hutchison · License #158055
(918) 639-4663
Added: Sep 8
Changed: Oct 28
Last Checked: Nov 1 at 12:06PM
MLS# 2633233
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 1.125-acre mixed-use assemblage brings together six parcels at the corner of Hwy 75 and E 1st St. The package includes a commercial building, a two-bedroom, one-bath home, another residential structure that is not habitable, and three vacant lots. All structures are being sold as-is, and the parcels are offered together as one package.
The site has multiple access points and fronts a high-traffic corridor. The vacant land totals 33,397 square feet, while the full assemblage measures 48,996 square feet.
The site has multiple access points and fronts a high-traffic corridor. The vacant land totals 33,397 square feet, while the full assemblage measures 48,996 square feet.
Key Highlights
- Six parcels totaling 48,996 square feet, or 1.125 acres
- Corner location at Hwy 75 and E 1st St with multiple access points
- Three vacant lots totaling 33,397 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,580
Cap Rate
4.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$291,600
$291.6K
Cap Rate 7%
$208,286
$208.3K
Cap Rate 9%
$162,000
$162.0K
Market Conditions
NOI Build-Up for 1,440 SF
Gross rent
$25.9K $18.00/SF
− Vacancy
−$2.6K −$1.80/SF
EGI
$23.3K $16.20/SF
− OpEx
−$8.7K −$6.07/SF
NOI
$14.6K $10.13/SF
Area
Okmulgee County, OK
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$291,600
Cap Rate 7%
$208,286
Cap Rate 9%
$162,000
Alternative Uses
Best Use
Mixed Use
$208.3K
$182.3K – $243.0K
NOI $14,580 @ 7.0% cap · market cap 4.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$339.7K
$297.2K – $396.3K
NOI $23,777 @ 7.0% cap · market cap 7.95%
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
359
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - The package combines commercial and residential structures with vacant land at a highway corner.
Where is this mixed-use property located?
The property is located at 419 N Wood Drive Okmulgee, OK.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Six parcels totaling 48,996 square feet, or 1.125 acres; Corner location at Hwy 75 and E 1st St with multiple access points; Three vacant lots totaling 33,397 square feet
