500 Wood Dr Okmulgee, OK 74447
Steel-frame warehouse with insulated work/storage space and a 3-bedroom residence for owner-operators or staff.
Property Features for 500 Wood Dr
General Information
- Standard status
- Active
- Size
- 5,000 SF
Listing office Keller Williams Advantage (918) 510-0887
Listing date Apr 7, 2026
Source Exprealty
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Investment Insights
Based on property information with market context.
The property fronts a high-traffic highway and is presented for high visibility, with an estimated daily traffic count of 20,000 vehicles. This live/work configuration is set up to support hands-on operations on the same site.
In addition to the warehouse, the on-site living quarters offer a spacious 3-bedroom, 2.5-bath residence with a full kitchen, laundry area, and a private balcony. That combination can be practical for owner-operators who want to be close to day-to-day activity, or for employers seeking a convenient option for onsite staff while keeping operational space dedicated to warehousing and work needs.
Key Highlights
- 5,000 SF red iron steel‑frame warehouse with full insulation and ample open work/storage space
- High‑traffic highway frontage with an estimated daily traffic count of 20,000 vehicles
- Warehouse includes two 14‑foot overhead doors
Local Financial Insights For Warehouse
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 | $35.4k | $7.08 |
| − Vacancy | −$1.1k | −$0.21 |
| EGI | $34.3k | $6.87 |
| − OpEx | −$5.2k | −$1.03 |
| NOI | $29.2k | $5.84 |
