Office and Daycare
811 E Virginia Ave. Stillwater, OK 74075
811 E Virginia Ave., Stillwater, OK, 74075
$690,000
For Sale
$690,000
A 4,000 SF facility with full kitchen, five bathrooms, and flexible classroom or office spaces near Walmart.
Property Size4,000 SF
Lot Size2.29 Acres
Price / SF$172.50
Days on Market638
Property Features for 811 E Virginia Ave.
General Information
- Standard status
- Active
- Size
- 4,000 SF
- Lot size
- 2.29 Acres
Listing agency
Fisher Provence, REALTORS
(405) 612-0194
Listed by
Page Provence · License #117678
(405) 612-0194
Source
Exprealty
Added: Oct 22, 2024 Updated: Jul 21 at 12:51AM Checked: Jul 21 at 12:51AM
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 Fisher Provence, REALTORS
Investment Insights
Based on property information with market context.
This property includes a 4,000 SF office or daycare-type facility with a full kitchen and flexible classroom or office spaces. There are five bathrooms, and the building has a fire suppression sprinkler system and alarm in place. The roof was replaced in 2009. The facility previously operated as a licensed daycare for 86 children.
The tract is located just south of Walmart and is positioned on the OSU/City bus route, supporting convenient access for daily transportation needs.
A busy therapy business is the current tenant, so notice and an appointment are necessary for all showings.
The tract is located just south of Walmart and is positioned on the OSU/City bus route, supporting convenient access for daily transportation needs.
A busy therapy business is the current tenant, so notice and an appointment are necessary for all showings.
Key Highlights
- 2.29‑acre tract with a 4,000 SF office or daycare‑type facility just south of Walmart
- Full kitchen included; previously licensed for daycare for 86 children
- Flexible classroom or office spaces plus five bathrooms
Local Financial Insights For Healthcare Medical
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 | $78.2k | $19.56 |
| − Vacancy | −$8.1k | −$2.01 |
| EGI | $70.2k | $17.55 |
| − OpEx | −$28.1k | −$7.02 |
| NOI | $42.1k | $10.53 |
4,000 SF · lease $19.56/SF/yr · vacancy 10.30% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$601.6K
$526.4K – $701.8K
NOI $42,109 @ 7.0% cap · market cap 6.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$983.6K
$860.7K – $1.15M
NOI $68,855 @ 7.0% cap · market cap 9.98%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Morgan Mason
Physician
Morgan Bollinger
Physician
Amy Ramer
Physician
Busy Kidz Learning ...
Daycare Center
Similar For Sale Nearby
Similar Off Market Nearby
- Stepping Stones of Stillwater, LLC — 706 N Jardot Rd, Stillwater, OK 74075
- Busy Kidz Learning Center — 811 E Virginia Ave, Stillwater, OK 74075
- First Presbyterian Preschool — 524 S Duncan St, Stillwater, OK 74074
FAQs
What type of property is this?
Day care center - A 4,000 SF facility with full kitchen, five bathrooms, and flexible classroom or office spaces near Walmart.
Where is this day care center located?
The property is located at 811 E Virginia Ave. Stillwater, OK.
What is the asking price?
The asking price for this property is $690,000.
What are key features of this property?
This property features: 2.29‑acre tract with a 4,000 SF office or daycare‑type facility just south of Walmart; Full kitchen included; previously licensed for daycare for 86 children; Flexible classroom or office spaces plus five bathrooms
