601 S Cherokee Street, Catoosa, OK 74015
- Added:
- Oct 23, 2025
- Days on Market:
- 249
- Last Refresh:
- Jun 28 at 1:06 am
Property Features for 601 S Cherokee Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- COM'L/IND
- Security features
- Security System
- Interior features
- Cable TV Wired, Mini-Kitchen, Security System-Leased, Smoke Detector
- Exterior features
- Sidewalk
- Fencing
- Privacy
- Standard status
- Active
- Size
- 1,324 SF
- Lot size
- 0.50 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- E2 Lot 1 BLock 2 Foster
- Tax Annual Amount
- 918
Utilities
- Utilities
- Cable Available
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1960
- Floors in Building
- 1
- Flooring type
- Wood, Laminate
- Building materials
- Frame
- Roof type
- Composition
Listing agent Christi Plett License #206891 (918) 770-1073
Listing office OUROK Realty 1601 S Eucalyptus Ave Ste 200M, Broken Arrow, OK (918) 770-1073
Listing date Oct 23, 2025
Copyright © 2026 MLS Technology, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Completely renovated commercial property on a prominent corner lot just off Highway 66 with strong drive‑by exposure
- Interior offers seven spacious rooms, two full baths, and a bright open sitting area; suitable for retail, offices, or service‑based use
- Handicap accessible, with cable TV wired, mini‑kitchen, security system (leased), and smoke detectors
- Updated systems include central heating and central air, newer roof, and efficient insulation; composition roof
- Includes a 30' x 40' insulated shop built in 2019 with electricity and two full working overhead doors
- Ample surrounding parking and privacy fencing; built in 1960 with frame construction
Overview
The property is positioned on a prominent corner lot with drive-by exposure, just off Highway 66. Ample parking surrounds the building to support easy customer and employee access. It is located in Catoosa, minutes from Tulsa city limits, and within a mile of The Blue Whale and Hard Rock Hotel & Casino.
With multiple room configurations and two full baths, the space is well suited for a variety of service-based uses, including retail, professional offices, or other business operations that benefit from a renovated storefront setting plus dedicated outbuilding space. The combination of an updated main interior and a functional shop provides practical flexibility for day-to-day work, storage, and overflow operations.
Local Financial Insights For Retail
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 | $28.1k | $21.24 |
| − Vacancy | −$1.6k | −$1.19 |
| EGI | $26.5k | $20.05 |
| − OpEx | −$8.0k | −$6.02 |
| NOI | $18.6k | $14.04 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Catoosa
- County
- Rogers
- State
- Oklahoma
- Longitude
- -95.750739
- Latitude
- 36.179445
