Mixed-Use Property with Shop
800885 S Highway 99, Stroud, OK 74079
For Sale
$387,000
Commercial Sale, Stroud, OK
Property Size1,148 SF
Lot Size7.50 Acres
Price / SF$337.11
Days on Market51
Property Features for 800885 S Highway 99
General Information
Property type
Property subtype
Zoning
Directions
Standard status
APN
Size
Lot size
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Building materials
Listing Agency:
Premier Realty LLC · Century 21 Real Estate
(918) 968-2575
Listed By:
Marshall Alsip · License OK #157344
(918) 430-4418
Added: Sep 23
Changed: Oct 17
Last Checked: Nov 12 at 8:06AM
MLS# 1250599
Copyright © 2026 MLSOK, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This mixed-use property spans 7.5 acres and includes a 4-bedroom, 2-bathroom home positioned near the front of the tract, along with covered parking. Behind the residence, tiered land supports multiple shop improvements, including a smaller building near the home and a 9,800-square-foot shop constructed within the last five years. Total shop space exceeds 11,000 square feet.
Electrical capacity includes two 2,000-amp electrical boxes behind the home and an additional 800-amp box toward the front. The property is served by a private well and septic tank, with natural gas heating and electric cooling. Located at 800885 S Highway 99 in Stroud, Oklahoma, the property is zoned Agriculture and features frame and metal-siding construction.
Electrical capacity includes two 2,000-amp electrical boxes behind the home and an additional 800-amp box toward the front. The property is served by a private well and septic tank, with natural gas heating and electric cooling. Located at 800885 S Highway 99 in Stroud, Oklahoma, the property is zoned Agriculture and features frame and metal-siding construction.
Key Highlights
- 7.5‑acre mixed‑use property at 800885 S Highway 99, Stroud, OK 74079
- Over 11,000 square feet of total shop space
- 9,800‑square‑foot shop constructed within the last five years
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,498
Cap Rate
4.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$309,960
$310.0K
Cap Rate 7%
$221,400
$221.4K
Cap Rate 9%
$172,200
$172.2K
Market Conditions
NOI Build-Up for 1,148 SF
Gross rent
$27.6K $24.00/SF
− Vacancy
−$2.8K −$2.40/SF
EGI
$24.8K $21.60/SF
− OpEx
−$9.3K −$8.10/SF
NOI
$15.5K $13.50/SF
Area
Lincoln County, OK
Vacancy
10.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$309,960
Cap Rate 7%
$221,400
Cap Rate 9%
$172,200
Alternative Uses
Best Use
Mixed Use
$221.4K
$193.7K – $258.3K
NOI $15,498 @ 7.0% cap · market cap 4.00%
Second Best
Warehouse
$108.2K
$94.7K – $126.2K
NOI $7,574 @ 7.0% cap · market cap 1.96%
Theoretical Best
Specialty Retail
$277.5K
$242.8K – $323.7K
NOI $19,424 @ 7.0% cap · market cap 5.02%
Zoning and permitted uses should be independently verified with authorities.
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Demographics for 74079, OK
4,532
Population
2,036
Households
2.2
Avg Household Size
41
Median Age
19%
College-Educated
92%
High-School Grad
186.8 sq mi
ZIP Area
24
Density / Sq Mi
$65,000
Median Household Income
$40,789
Median Earnings
$732
Median Rent
$162,300
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Agriculture-zoned acreage combines a residence with multiple shop buildings and substantial electrical service.
Where is this mixed-use property located?
The property is located at 800885 S Highway 99 Stroud, OK.
What is the asking price?
The asking price for this property is $387,000.
What are key features of this property?
This property features: 7.5‑acre mixed‑use property at 800885 S Highway 99, Stroud, OK 74079; Over 11,000 square feet of total shop space; 9,800‑square‑foot shop constructed within the last five years
