Highway-Frontage Office
New
For Sale
$850,000
4705 E 37 Highway, Tuttle, OK 73089
Commercial Sale, Tuttle, OK
Property Size4,000 SF
Lot Size0.61 Acres
Price / SF$212.50
Days on Market1
Property Features for 4705 E 37 Highway
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
Commercial
Directions
.25 miles west from stoplight at Highway 37 & Highway 4 (Mustang road
Standard status
Active
APN
4705E3773089
Size
4,000 SF
Lot size
0.61 Acres
Utilities
Sewer type
Septic Tank
Heating system
Natural Gas
Cooling system
Electric
Water source
Public
Building Details
Year built
1982
Floors in Building
1
Building materials
Aluminum Siding, Brick, Brick & Frame, Vinyl Siding
Listing Agency:
Whittington Realty
(405) 703-4100
Listed By:
Jennifer Bullard · License #119283
(405) 408-2613
Added: Oct 7
Last Checked: Oct 7 at 8:06PM
MLS# 1252808
Copyright © 2026 MLSOK, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The office building at 4705 E 37 Highway in Tuttle contains 4,000 square feet and was built in 1982. The 0.61-acre property has 80 feet of frontage on Highway 37, with natural gas heating and electric cooling. Water is supplied by the public system; the property uses a septic tank for sewer service.
The site is about one-quarter mile from the Highway 37 and Highway 4 intersection. Braum’s has acquired nearby land, and McDonald’s has purchased and cleared land nearby.
The site is about one-quarter mile from the Highway 37 and Highway 4 intersection. Braum’s has acquired nearby land, and McDonald’s has purchased and cleared land nearby.
Key Highlights
- 4,000‑square‑foot office building on 0.61 acres
- 80 feet of frontage on Highway 37
- Approximately 1/4 mile from the Highway 37 and Highway 4 intersection
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,924
Cap Rate
3.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$678,480
$678.5K
Cap Rate 7%
$484,629
$484.6K
Cap Rate 9%
$376,933
$376.9K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$61.0K $15.24/SF
− Vacancy
−$15.7K −$3.93/SF
EGI
$45.2K $11.31/SF
− OpEx
−$11.3K −$2.83/SF
NOI
$33.9K $8.48/SF
Area
Grady County, OK
Vacancy
25.80%
Lease Rate
$15.24 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$678,480
Cap Rate 7%
$484,629
Cap Rate 9%
$376,933
Alternative Uses
Best Use
Office B
$484.6K
$424.1K – $565.4K
NOI $33,924 @ 7.0% cap · market cap 3.99%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$966.9K
$846.0K – $1.13M
NOI $67,680 @ 7.0% cap · market cap 7.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
96
Businesses Nearby
Explore this area
Business Placement
Demographics for 73089, OK
13,696
Population
5,040
Households
2.7
Avg Household Size
41
Median Age
26%
College-Educated
93%
High-School Grad
106.8 sq mi
ZIP Area
128
Density / Sq Mi
$101,205
Median Household Income
$52,277
Median Earnings
$912
Median Rent
$264,200
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - A commercial office property with direct frontage along Highway 37 and public water service.
Where is this office building located?
The property is located at 4705 E 37 Highway Tuttle, OK.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 4,000‑square‑foot office building on 0.61 acres; 80 feet of frontage on Highway 37; Approximately 1/4 mile from the Highway 37 and Highway 4 intersection
