Flex Property With Steel
For Sale
$350,000
Pending
523 W Country Club Road, Chickasha, OK 73018
Commercial Sale, Chickasha, OK
Property Size1,500 SF
Lot Size4.00 Acres
Days on Market129
Property Features for 523 W Country Club Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Directions
From Hwy 81 South. West on Country Club Road to property on South.
Standard status
Pending
APN
523WCountryClub73018
Size
2,017 SF
Lot size
4.00 Acres
Utilities
Sewer type
Septic Tank
Heating system
Natural Gas
Cooling system
Electric
Water source
Public
Amenities
shop
garage
Building Details
Year built
1971
Building materials
Brick
Listing Agency:
Countryside Realty
(405) 485-9200
Listed By:
Kimberly Green
(405) 615-0128
Added: Jun 10
Changed: Sep 29
Last Checked: Oct 16 at 12:06PM
MLS# 1234171
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.
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Investment Insights
Based on property information with market context.
This flex property includes a 2,017-square-foot ranch-style residence built in 1971, with three bedrooms, two bathrooms, two living areas, and an oversized two-car garage. A separate insulated steel-frame shop measures 30' x 50' x 14', providing enclosed space for equipment, inventory, fabrication, service vehicles, or workshop operations. Recent improvements include a 2022 roof, 2024 septic system, and 2024 water softener. Construction is brick, with natural gas heating, electric cooling, public water, and a septic tank.
The approximately 4-acre property is located along Country Club Road, just west of Highway 81 and south of Chickasha. It is adjacent to Cedar Creek Apartments and near established commercial properties. The open acreage provides room for additional buildings, parking, outdoor storage, company vehicles, or future development, subject to applicable approvals.
The approximately 4-acre property is located along Country Club Road, just west of Highway 81 and south of Chickasha. It is adjacent to Cedar Creek Apartments and near established commercial properties. The open acreage provides room for additional buildings, parking, outdoor storage, company vehicles, or future development, subject to applicable approvals.
Key Highlights
- Approximately 4 acres along Country Club Road near Highway 81
- 2,017‑square‑foot ranch‑style residence with 3 bedrooms and 2 bathrooms
- 30' x 50' x 14' insulated steel‑frame shop
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
Check the figures for this property
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 - Four-acre commercial tract combining a ranch-style residence with an insulated steel-frame workshop and utility infrastructure.
Where is this flex space located?
The property is located at 523 W Country Club Road 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: Approximately 4 acres along Country Club Road near Highway 81; 2,017‑square‑foot ranch‑style residence with 3 bedrooms and 2 bathrooms; 30' x 50' x 14' insulated steel‑frame shop
