Flex Property with Steel
For Sale
$350,000
523 W Country Club Rd, Chickasha, OK 73018
C-1 commercial acreage combines a residence, insulated workshop, utility access, and room for business operations or expansion.
Property Size2,017 SF
Lot Size4.00 Acres
Price / SF$173.53
Days on Market47
Property Features for 523 W Country Club Rd
General Information
Standard status
Active
Size
2,017 SF
Lot size
4.00 Acres
Zoning
C-1
Site & Location
Highway Access
Yes
Road Access
Yes
Outdoor Storage
Yes
Utilities to Site
Yes
Warehouse & Industrial
Clear Height
14 ft
Warehouse Space
1,500 SF
Additional Details
Land Use
commercial
Amenities
garage
shop
Building Details
Year Built
1971
Buildings
2
Construction
steel frame
Listing Agency:
Countryside Realty
Listed By:
Kimberly Green
(405) 615-0128
Source:
Sarahflemingestates
Added: Sep 6
Changed: Oct 1
Last Checked: Oct 7 at 1:22PM
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 Countryside Realty
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Investment Insights
Based on property information with market context.
This C-1 flex property spans 4 acres and includes a ranch-style residence with three bedrooms, two bathrooms, two living areas, and an oversized two-car garage. Built in 1971, the home received a 2022 roof, 2024 septic system, and 2024 water softener. It can support office, housing, live-work, or headquarters functions as permitted by the owner’s intended use.
A separate insulated steel-frame shop measures 30' x 50' x 14' and provides enclosed space for equipment, inventory, fabrication, service vehicles, or workshops. The site is along Country Club Road, west of Highway 81 and south of Chickasha, adjacent to Cedar Creek Apartments and established commercial properties. City water and natural gas serve the property, with septic in place and city sewer nearby. The acreage also provides space for parking, outdoor storage, fleet vehicles, additional buildings, or future development, subject to applicable requirements.
A separate insulated steel-frame shop measures 30' x 50' x 14' and provides enclosed space for equipment, inventory, fabrication, service vehicles, or workshops. The site is along Country Club Road, west of Highway 81 and south of Chickasha, adjacent to Cedar Creek Apartments and established commercial properties. City water and natural gas serve the property, with septic in place and city sewer nearby. The acreage also provides space for parking, outdoor storage, fleet vehicles, additional buildings, or future development, subject to applicable requirements.
Key Highlights
- 4 commercial acres along Country Club Road
- 30' x 50' x 14' insulated steel‑frame shop
- C‑1 zoning with city water and natural gas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,054
Cap Rate
7.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$501,080
$501.1K
Cap Rate 7%
$357,914
$357.9K
Cap Rate 9%
$278,378
$278.4K
Market Conditions
NOI Build-Up for 2,017 SF
Gross rent
$42.4K $21.00/SF
− Vacancy
−$3.8K −$1.89/SF
EGI
$38.5K $19.11/SF
− OpEx
−$13.5K −$6.69/SF
NOI
$25.1K $12.42/SF
Area
Grady County, OK
Vacancy
9.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$501,080
Cap Rate 7%
$357,914
Cap Rate 9%
$278,378
Alternative Uses
Best Use
Flex RnD
$357.9K
$313.2K – $417.6K
NOI $25,054 @ 7.0% cap · market cap 7.16%
Second Best
Mixed Use
$350.1K
$306.3K – $408.5K
NOI $24,507 @ 7.0% cap · market cap 7.00%
Theoretical Best
Specialty Retail
$487.5K
$426.6K – $568.8K
NOI $34,128 @ 7.0% cap · market cap 9.75%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
14 ft
Clear height
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
195
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 73018, OK
19,806
Population
9,509
Households
2.1
Avg Household Size
38
Median Age
20%
College-Educated
89%
High-School Grad
155.1 sq mi
ZIP Area
128
Density / Sq Mi
$58,340
Median Household Income
$32,414
Median Earnings
$877
Median Rent
$126,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Flex space - C-1 commercial acreage combines a residence, insulated workshop, utility access, and room for business operations or expansion.
Where is this flex space located?
The property is located at 523 W Country Club Rd Chickasha, OK.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 4 commercial acres along Country Club Road; 30' x 50' x 14' insulated steel‑frame shop; C‑1 zoning with city water and natural gas
