4705 E Highway 37, Tuttle, OK 73089
Retail and restaurant-ready land with substantial Highway 37 frontage and flexible assemblage options with adjacent parcels.
- Added:
- Oct 7, 2025
- Days on Market:
- 254
- Last Refresh:
- Jun 16 at 2:11 am
Property Features for 4705 E Highway 37
General Information
- Standard status
- Active
- Size
- 4,000 SF
Listing agent Jennifer J Bullard License #119283 (405) 408-2613
Listing office Whittington Realty (405) 408-2613
Listing date Oct 7, 2025
Source Exprealty
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All listing content including descriptions, pricing, images are the copyrighted material of Whittington Realty
HighLights
- About 1/4 mile from the Hwy 37 & Hwy 4 intersection
- 80' of highway frontage on E Highway 37
- Potential for almost 300' of combined frontage if purchased with 4707 E Highway 37
- Additional 2.12 acres to the north may be purchased in combination (not sold separately before the Hwy 37 parcels sell)
- Potential to own 4.25 acres off Highway 37 by purchasing all 3 adjoining properties
- Land marketed as restaurant or business‑ready with highway frontage/access (casino and nearby McDonald's land activity noted)
Overview
The property is located approximately 1/4 mile from the Highway 37 and Highway 4 intersection. An adjoining property to the east is also for sale (4707 E Highway 37), and together the two parcels present a potential of almost 300 feet of combined highway frontage. Additional land north of the subject property (2.12 acres) may be purchased in combination with 4705 E Highway 37 and/or 4707 E Highway 37; however, the north parcel will not be sold separately prior to the sale of one or both Highway 37 properties.
From a tenant or operator fit perspective, the property’s highway frontage supports retail and restaurant concepts that benefit from high-traffic exposure. The seller’s remarks also note activity nearby, including Braums purchasing land and McDonald’s purchasing and clearing land, as well as a planned casino in the area. For buyers evaluating an assemblage strategy, the ability to combine adjacent parcels for greater frontage can be a key factor when planning future site layouts and curb-line access.
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 | $96.0k | $24.00 |
| − Vacancy | −$5.8k | −$1.44 |
| EGI | $90.2k | $22.56 |
| − OpEx | −$22.6k | −$5.64 |
| NOI | $67.7k | $16.92 |
Alternative Uses
Current Use by Public Records
Map
- City
- Tuttle
- County
- Grady
- State
- Oklahoma
- Longitude
- -97.854706
- Latitude
- 35.305103
