Office
For Sale
Contact for pricing
620 S Division St, Guthrie, OK 73044
Office unit built in 2009 positioned between TerraInsure Group and Cashland Services.
Property Size1,200 SF
Price / SF$1.17
Days on Market53
Property Features for 620 S Division St
General Information
Standard status
Active
Size
1,200 SF
Building Details
Year Built
2009
Listing Agency:
Exit Realty Premier
Listed By:
Robert Robbins
(405) 205-5305
Source:
Oklahomerealestate
Added: Aug 25
Changed: Oct 5
Last Checked: Oct 7 at 4:49PM
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 Exit Realty Premier
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,200-square-foot office unit at 620 S Division St in Guthrie, Oklahoma, was built in 2009. The space previously served as offices for an investment company and is situated between TerraInsure Group and Cashland Services.
The property provides a defined office footprint within an established commercial setting in Guthrie. Its location and prior office configuration support continued office use, subject to applicable requirements.
The property provides a defined office footprint within an established commercial setting in Guthrie. Its location and prior office configuration support continued office use, subject to applicable requirements.
Key Highlights
- 1,200‑square‑foot office unit
- Built in 2009
- 620 S Division St, Guthrie, OK 73044
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,177
Suggested Prices Based on Cap Rates
Cap Rate 5%
$203,540
$203.5K
Cap Rate 7%
$145,386
$145.4K
Cap Rate 9%
$113,078
$113.1K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$18.3K $15.24/SF
− Vacancy
−$4.7K −$3.93/SF
EGI
$13.6K $11.31/SF
− OpEx
−$3.4K −$2.83/SF
NOI
$10.2K $8.48/SF
Area
Logan County, OK
Vacancy
25.80%
Lease Rate
$15.24 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$203,540
Cap Rate 7%
$145,386
Cap Rate 9%
$113,078
Alternative Uses
Best Use
Office B
$145.4K
$127.2K – $169.6K
NOI $10,177 @ 7.0% cap · market cap 726.93%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$290.1K
$253.8K – $338.4K
NOI $20,304 @ 7.0% cap · market cap 1,450.29%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
563
Businesses Nearby
Explore this area
Business Placement
Demographics for 73044, OK
24,603
Population
10,050
Households
2.4
Avg Household Size
39
Median Age
24%
College-Educated
91%
High-School Grad
264.7 sq mi
ZIP Area
93
Density / Sq Mi
$71,442
Median Household Income
$39,284
Median Earnings
$890
Median Rent
$200,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office units - Office unit built in 2009 positioned between TerraInsure Group and Cashland Services.
Where is this office units located?
The property is located at 620 S Division St Guthrie, OK.
What are key features of this property?
This property features: 1,200‑square‑foot office unit; Built in 2009; 620 S Division St, Guthrie, OK 73044
