419 N Wood Drive Okmulgee, OK 74447
COMMERCIAL - Okmulgee, OK
Property Features for 419 N Wood Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Commercial
- Interior features
- Attic Exhaust Fan, Public Restrooms
- Exterior features
- Door Sign, Dumpster, Sidewalk
- Standard status
- Active
- APN
- 1100-00-007-003-0-002-00
- Size
- 1,416 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
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1964
- Flooring type
- Vinyl
- Building materials
- Brick
- Roof type
- Composition
Listing agent Nicholas Hutchison License #158055 (888) 220-0988
Listing office Platinum Realty, LLC. 9148 S Sheridan, Overland Park, OK (888) 220-0988
Listing date Feb 5, 2026
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Investment Insights
Based on property information with market context.
The assemblage further includes three vacant lots at 417 N Wood Dr and 1010 E 1st, along with an adjoining 14,000 square foot parcel. All structures are sold as-is, and buyers are directed to verify zoning, utilities, and property dimensions. Access may require caution when entering structures.
Zoned commercial, the property is positioned for redevelopment or long-term land holding, with multiple access points and highway exposure per the listing remarks.
Key Highlights
- Prime corner location at Hwy 75 & E 1st St in a high‑traffic corridor
- Large 6‑parcel assemblage totaling 48,996 SF
- Exceptional flexibility for commercial redevelopment or mixed‑use projects
Local Financial Insights For Specialty Retail
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 | $22.1k | $15.60 |
| − Vacancy | −$884 | −$0.62 |
| EGI | $21.2k | $14.98 |
| − OpEx | −$5.3k | −$3.74 |
| NOI | $15.9k | $11.23 |
