700 W Cherokee Street Wagoner, OK 74467
COMMERCIAL - Wagoner, OK
- Added:
- May 5, 2026
- Days on Market:
- 71
- Last Refresh:
- Jul 14 at 5:06 am
Property Features for 700 W Cherokee Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- URBAN COMM
- Standard status
- Active
- APN
- 730020590
- Size
- 2,622 SF
- Lot size
- 0.55 Acres
Taxes and HOA fees
- Tax Year
- 2022
- Tax Description
- CITY OF WAGONER E 150' OF S 160.8 FT OF LOT 4 BLK 321
- Tax Annual Amount
- 2152
Building Details
- Year built
- 1982
- Building materials
- Brick
- Roof type
- Metal
Listing agent Jimmy Martin Jr License #202695 (539) 367-1555
Listing office Realty One Group Dreamers 1601 S Eucalyptus Ave STE 200, Broken Arrow, OK (539) 367-1555
Listing date May 5, 2026
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.
Investment Insights
Based on property information with market context.
Situated at 700 W Cherokee Street in Wagoner, Oklahoma, the site offers approximately 150 feet of highway frontage. The property size is 2,622 square feet on a 0.554-acre lot, and it is zoned URBAN COMM.
Designed for on-site customer use, the bay-and-vacuum setup supports a streamlined car wash workflow with automated and manual service options within the existing improvements.
Key Highlights
- High‑traffic location ideal for a lucrative business venture.
- 150 feet of highway frontage provides excellent visibility.
- Six bays offer high capacity for car washing services.
Local Financial Insights For Industrial
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 | $18.6k | $7.08 |
| − Vacancy | −$557 | −$0.21 |
| EGI | $18.0k | $6.87 |
| − OpEx | −$5.4k | −$2.06 |
| NOI | $12.6k | $4.81 |
