Multi-Use Corner Commercial
790011 S Highway 177 Carney, OK 74832
790011 S Highway 177, Carney, OK, 74832
$275,000
For Sale
$275,000
Multi-use commercial building on a large corner lot with a storage garage; previously operated as a convenience store and restaurant.
Property Size1,581 SF
Price / SF$173.94
Days on Market288
Property Features for 790011 S Highway 177
General Information
- Standard status
- Active
- Size
- 1,581 SF
Listing agency
Premier Realty LLC
(405) 258-6096
Listed by
Carl Martin · License #072633
(405) 258-6096
Source
Exprealty
Added: Oct 7, 2025 Updated: Jul 20 at 4:41PM Checked: Jul 20 at 4:41PM
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 Premier Realty LLC
Investment Insights
Based on property information with market context.
This multi-use commercial building has been used in the past as a convenience store and a restaurant. The property includes a main building of 1,581 square feet and a 20 x 24 storage garage. Public remarks also indicate that existing tanks are still in compliance.
The building is located at the corner of Highway 177 and Highway 105 on a large corner lot. The site provides room to expand and supports a variety of commercial options.
Offered for sale, the asset is sized for a small retail or food service concept while offering additional on-site storage through the attached garage.
The building is located at the corner of Highway 177 and Highway 105 on a large corner lot. The site provides room to expand and supports a variety of commercial options.
Offered for sale, the asset is sized for a small retail or food service concept while offering additional on-site storage through the attached garage.
Key Highlights
- Multi‑use commercial building at the corner of Highway 177 and 105
- Building is 1,581 SF and includes a 20x24 storage garage
- Previously operated as a convenience store and a restaurant
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 | $23.7k | $15.00 |
| − Vacancy | −$1.2k | −$0.75 |
| EGI | $22.5k | $14.25 |
| − OpEx | −$6.8k | −$4.27 |
| NOI | $15.8k | $9.98 |
1,581 SF · lease $15.00/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$382.2K
$334.4K – $445.9K
NOI $26,751 @ 7.0% cap · market cap 9.73%
Second Best
Retail
$225.3K
$197.1K – $262.8K
NOI $15,770 @ 7.0% cap · market cap 5.73%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Grocery and convenience stores
FAQs
What type of property is this?
Grocery and convenience store - Multi-use commercial building on a large corner lot with a storage garage; previously operated as a convenience store and restaurant.
Where is this grocery and convenience store located?
The property is located at 790011 S Highway 177 Carney, OK.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Multi‑use commercial building at the corner of Highway 177 and 105; Building is 1,581 SF and includes a 20x24 storage garage; Previously operated as a convenience store and a restaurant
