Fenced Flex Space with
New
For Sale
$435,000
55928 Moccasin Trail, Prague, OK 74864
COMMERCIAL - Prague, OK
Property Size1,800 SF
Lot Size6.23 Acres
Price / SF$241.67
Days on Market4
Property Features for 55928 Moccasin Trail
General Information
Property type
Commercial Sale
Property subtype
Other
Standard status
Active
APN
55928NONEMoccasinTrail74864
Size
1,800 SF
Lot size
6.23 Acres
Amenities
lean-to
working pens
Building Details
Year built
1995
Listing Agency:
Pam Robinson Real Estate
(405) 382-7653
Listed By:
Harvey Robinson
(405) 584-0381
Added: Aug 3
Changed: Aug 4
Last Checked: Aug 6 at 2:06AM
MLS# 1242608
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.
Investment Insights
Based on property information with market context.
This 6.23-acre flex property combines an approximately 600-square-foot office with a roughly 1,200-square-foot shop, creating 1,800 square feet of commercial improvements. The site includes full barbed-wire fencing, a lean-to, and working pens, along with electricity, natural gas, a water well, and a septic system. Built in 1995, the existing improvements can support retail, trade services, fleet operations, or light industrial activity.
Access is provided from Highway 99 / US 377 and Moccasin Trail, with the property located 3.5 miles north of I-40. Multiple entrances accommodate equipment movement and customer access. The open acreage extends beyond the developed area and may also support a custom home or barndominium behind the business, as described in the property information.
Access is provided from Highway 99 / US 377 and Moccasin Trail, with the property located 3.5 miles north of I-40. Multiple entrances accommodate equipment movement and customer access. The open acreage extends beyond the developed area and may also support a custom home or barndominium behind the business, as described in the property information.
Key Highlights
- 6.23‑acre tract with 1,800 SF of commercial improvements
- Approximately 600 SF office and 1,200 SF shop
- Highway 99 / US 377 frontage, 3.5 miles north of I‑40
Financial Insights For Flex RnD
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 | $37.8k | $21.00 |
| − Vacancy | −$3.4k | −$1.89 |
| EGI | $34.4k | $19.11 |
| − OpEx | −$12.0k | −$6.69 |
| NOI | $22.4k | $12.42 |
1,800 SF · lease $21.00/SF/yr · vacancy 9.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$319.4K
$279.5K – $372.7K
NOI $22,359 @ 7.0% cap · market cap 5.14%
Second Best
Retail
$256.5K
$224.4K – $299.3K
NOI $17,955 @ 7.0% cap · market cap 4.13%
Theoretical Best
Specialty Retail
$435.1K
$380.7K – $507.6K
NOI $30,456 @ 7.0% cap · market cap 7.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
14
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 74864, OK
5,334
Population
2,023
Households
2.6
Avg Household Size
42
Median Age
16%
College-Educated
88%
High-School Grad
117.6 sq mi
ZIP Area
45
Density / Sq Mi
$64,313
Median Household Income
$36,193
Median Earnings
$819
Median Rent
$165,600
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Commercial improvements, multiple access points, and installed utilities support office, shop, trade-service, and equipment-yard operations.
Where is this flex space located?
The property is located at 55928 Moccasin Trail Prague, OK.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: 6.23‑acre tract with 1,800 SF of commercial improvements; Approximately 600 SF office and 1,200 SF shop; Highway 99 / US 377 frontage, 3.5 miles north of I‑40
