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Mixed-Use Property
New
For Sale
$900,000

707 Kihekah Avenue, Pawhuska, OK 74056

The Pawhuska property combines residential and commercial components.

Property Size12,540 SF
Days on Market2
Rey
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Property Features for 707 Kihekah Avenue

General Information

Standard status Active
Size 12,540 SF
Property subtype Multifamily

Additional Details

Multifamily Units 21

Building Details

Building Size 12,540 SF
Listed By: Jayden Bowlby
Source: Naimartens
Added: Oct 14 Changed: Oct 15 Last Checked: Oct 15 at 2:32AM

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 Jayden Bowlby

Investment Insights

Based on property information with market context.

Located at 707 Kihekah Avenue in Pawhuska, Oklahoma, this mixed-use property includes a residential component alongside commercial space. Its stated configuration is 21 residential and 7 commercial, bringing both uses together at one address.

Key Highlights

  • 21 residential and 7 commercial components
  • Located at 707 Kihekah Avenue in Pawhuska, Oklahoma

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$65,636
Cap Rate
7.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,312,720 $1.3M
Cap Rate 7%
$937,657 $937.7K
Cap Rate 9%
$729,289 $729.3K
Market Conditions
NOI Build-Up for 12,540 SF
Gross rent
$127.9K $10.20/SF
− Vacancy
−$8.6K −$0.68/SF
EGI
$119.3K $9.52/SF
− OpEx
−$53.7K −$4.28/SF
NOI
$65.6K $5.23/SF
Area
Osage County, OK
Vacancy
6.70%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,312,720
Cap Rate 7%
$937,657
Cap Rate 9%
$729,289

Alternative Uses

Best Use
Retail
$2.32M
$2.03M – $2.70M (±1% cap)
NOI $162,104 @ 7.0% cap · market cap 18.01%
Second Best
Mixed Use
$2.13M
$1.87M – $2.49M (±1% cap)
NOI $149,322 @ 7.0% cap · market cap 16.59%
Theoretical Best
Office A
$3.08M
$2.70M – $3.60M (±1% cap)
NOI $215,861 @ 7.0% cap · market cap 23.98%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Saddle Shop leather ... Department Store Pawhuska Guide Tour Operator Pawhuska Promotions Advertising Agency Easley's Auction Services Trade Show Venue

Suggested Use

Top Pick Building Supply Real Estate Agency Dental Office Auto Parts Store Spa & Massage Center HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

21
Residential units

Location Intelligence

Trade Area within ½ mile

447
Businesses Nearby

Demographics for 74056, OK

4,857
Population
2,613
Households
1.9
Avg Household Size
43
Median Age
18%
College-Educated
90%
High-School Grad
646.0 sq mi
ZIP Area
8
Density / Sq Mi
$49,455
Median Household Income
$29,653
Median Earnings
$571
Median Rent
$126,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The Pawhuska property combines residential and commercial components.
Where is this mixed-use property located?
The property is located at 707 Kihekah Avenue Pawhuska, OK.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 21 residential and 7 commercial components; Located at 707 Kihekah Avenue in Pawhuska, Oklahoma
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