500 S 32nd St Muskogee, OK 74401
Fenced auto shop with offices and covered awning along Highway 69 for strong visibility and immediate access.
- Added:
- Dec 3, 2025
- Days on Market:
- 221
- Last Refresh:
- Jul 1 at 2:17 am
Property Features for 500 S 32nd St
General Information
- Standard status
- Active
- Size
- 1,526 SF
Listing office The Shockley Group (918) 798-2656
Listing date Dec 3, 2025
Source Exprealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of The Shockley Group
Investment Insights
Based on property information with market context.
The property has 145 feet of Highway 69 frontage, providing direct exposure to highway traffic and immediate highway access. The surrounding area includes established commercial and institutional neighbors such as Saint Francis Health Systems, Wendy’s, and Arby’s. The remarks also note future highway road-widening considerations, which may affect long-term site planning.
For operators seeking a ready-to-use service facility with on-site offices, this configuration offers a practical fit. The combination of a fenced, gated yard, a 2-bay shop, and covered exterior space can support uses such as a car lot, mechanic’s shop, or service business. Its highway frontage and straightforward access make it well-suited for businesses that benefit from high-visibility roadside presentation.
Key Highlights
- 145 ft of Highway 69 frontage in Muskogee for strong roadside exposure
- Fully fenced with multiple gated entrances
- 2‑bay shop with 2 office spaces and 2 bathrooms
Local Financial Insights For Office B
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 | $27.5k | $18.00 |
| − Vacancy | −$5.4k | −$3.53 |
| EGI | $22.1k | $14.47 |
| − OpEx | −$5.5k | −$3.62 |
| NOI | $16.6k | $10.85 |
Alternative Uses
Property Analytics
Current Use by Public Records
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