801 S Perkins Road, Stillwater, OK 74074
Renovated retail property with high-end updates and drive-thru window.
- Added:
- Oct 14, 2024
- Days on Market:
- 609
- Last Refresh:
- May 13 at 8:30 pm
Property Features for 801 S Perkins Road
General Information
- Standard status
- Active
- Size
- 2,048 SF
- Property subtype
- Other
Building Details
- Year Built
- 1965
Listing agent Reagan Reed License #182359
Listing office Chamberlain Realty Llc (405) 300-0543
Listing date Oct 14, 2024
Source Xome
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 Chamberlain Realty Llc
HighLights
- Completely renovated in 2020‑2021
- Prime location on Perkins Rd. with easy access to Oklahoma State University and the town center
- High‑end updates throughout the property
- Garage with a drive‑thru window
- Updated bathrooms with modern fixtures
- Space for an outdoor patio, additional parking, or yard
Overview
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 | $41.5k | $20.28 |
| − Vacancy | −$2.2k | −$1.07 |
| EGI | $39.3k | $19.21 |
| − OpEx | −$11.8k | −$5.76 |
| NOI | $27.5k | $13.44 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Stilly Floral — 918 S Main St, Stillwater, OK 74074
- Stillwater Funeral Flowers — 520 W 6th Ave, Stillwater, OK 74074
Location Insight
- Map
- Local Demand
- City
- Stillwater
- County
- Payne
- State
- Oklahoma
- Longitude
- -97.0510089
- Latitude
- 36.1140131
