Muskogee Commercial Property For
627 S 32nd Street Muskogee, OK 74401
For Sale
Contact for pricing
Commercial property with frontage on Hwy 69, includes equipment.
Property Size2,310 SF
Price / SF$164.29
Days on Market133
Property Features for 627 S 32nd Street
General Information
Standard status
Active
Size
2,310 SF
Property subtype
Business for Sale
Building Details
Year Built
1984
Listing Agency:
Interstate Properties Inc
Listed By:
Earnie Gilder · License #OK
Source:
Crexi
Added: Mar 19
Changed: Jul 6
Last Checked: Jul 28 at 10:28AM
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 Interstate Properties Inc
Investment Insights
Based on property information with market context.
This commercial property features 140 feet of frontage along Highway 69. Currently operating as an oil lube and repair shop, the property includes two drive-thru bays with undercarriage access. The south end of the building has two overhead doors suitable for vehicle repairs or detailing. One side of the larger space is equipped with a car lift. The property is situated in a location with daily north and south traffic flow through Muskogee, Oklahoma. The building has a size of 2310 square feet. All equipment is included in the purchase.
Key Highlights
- Highly visible commercial property with 140 ft frontage on Hwy 69
- Fully functional oil lube & repair shop with existing business infrastructure
- Includes all equipment necessary for operation (equipment list in documents)
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 | $34.7k | $15.00 |
| − Vacancy | −$901 | −$0.39 |
| EGI | $33.7k | $14.61 |
| − OpEx | −$10.1k | −$4.38 |
| NOI | $23.6k | $10.23 |
2,310 SF · lease $15.00/SF/yr · vacancy 2.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$337.5K
$295.3K – $393.7K
NOI $23,624 @ 7.0% cap · market cap 6.23%
Second Best
Industrial
$165.8K
$145.1K – $193.4K
NOI $11,604 @ 7.0% cap · market cap 3.06%
Theoretical Best
Office A
$483.5K
$423.1K – $564.1K
NOI $33,845 @ 7.0% cap · market cap 8.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- GUARDIAN INTERLOCK OF MUSKOGEE — 806 S 32nd St, Muskogee, OK 74401
- Legendary Lube and Oil — 627 S 32nd St, Muskogee, OK 74401
- Crowder Auto Glass — 1109 S 23rd St, Muskogee, OK 74401
- EM Express Tire Shop LLC #2 — 500 S 32nd St, Muskogee, OK 74401
Frequently Asked Questions
What type of property is this?
Auto shop - Commercial property with frontage on Hwy 69, includes equipment.
Where is this auto shop located?
The property is located at 627 S 32nd Street Muskogee, OK.
What is the asking price?
The asking price for this property is $379,500.
What are key features of this property?
This property features: Highly visible commercial property with **140 ft frontage on Hwy 69**; Fully functional oil lube & repair shop with existing business infrastructure; Includes all equipment necessary for operation (equipment list in documents)
