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Concrete Restaurant Building
For Sale
$800,000
Pending

920 S Ross Street, Fort Gibson, OK 74434

Commercial, Fort Gibson, OK

Property Size2,958 SF
Lot Size0.64 Acres
Days on Market1328

Property Features for 920 S Ross Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Com
Security features Security System
Interior features 9' Ceiling Height, Equipment Remarks, Public Restrooms, Security System-Owned, Smoke Detector
Exterior features Dumpster, Lighting, Pole Sign, Roof Sign, Sidewalk, Storage
Elementary school district Fort Gibson - Sch Dist (K3)
Middle school district Fort Gibson - Sch Dist (K3)
High school district Fort Gibson - Sch Dist (K3)
Directions From office L on Bypass L on Hwy 62 (Muskogee Ave) go to Fort Gibson R on Lee St R on Ross Ave Property on L next to McDonalds. From Muskogee E on Hwy 62 at Fort Gibson L on Lee St R on Ross Ave Property on L next to McDonalds.
Standard status Pending
APN 510049981
Size 2,958 SF
Lot size 0.64 Acres

Taxes and HOA fees

Tax Year 2021
Tax Description A strip, piece or parcel of land lying in part of the SW1/4 of the SE1/4 of section12, T15N, R19E in Muskogee County, Oklahoma. (See Legal Addendum for full legal)
Tax Annual Amount 2822
Legal Description A strip, piece or parcel of land lying in part of the SW1/4 of the SE1/4 of section12, T15N, R19E in Muskogee County, Oklahoma. (See Legal Addendum for full legal)

Utilities

Utilities Cable Available

Building Details

Year built 2004
Flooring type Tile
Building materials Concrete
Additional Structures Storage
Listing Agency: Coldwell Banker Select
Listed By: Bobby J. McAlpine Jr · License #155147
Added: Feb 20, 2023 Changed: Aug 19 Last Checked: Oct 10 at 3:06PM
MLS# 2306749

Copyright © 2026 MLS Technology, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This conventional restaurant property includes a 2,958-square-foot building on 0.641 acres, constructed in 2004 with concrete construction, tile flooring, and 9' ceiling height. Interior features include public restrooms, an owned security system, smoke detectors, and equipment-related improvements. Exterior improvements include a dumpster, lighting, pole sign, roof sign, sidewalk, and storage. The property is located at 920 S Ross Street in Fort Gibson, Oklahoma, with cable available and a Com zoning designation. Its combination of restaurant-oriented improvements, visible signage, and supporting site features provides a defined commercial property configuration.

Key Highlights

  • 2,958‑square‑foot restaurant building on 0.641 acres
  • Built in 2004 with concrete construction and tile flooring
  • 9' ceiling height with public restrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$28,411
Cap Rate
3.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$568,220 $568.2K
Cap Rate 7%
$405,871 $405.9K
Cap Rate 9%
$315,678 $315.7K
Market Conditions
NOI Build-Up for 2,958 SF
Gross rent
$40.8K $13.80/SF
− Vacancy
−$2.9K −$0.99/SF
EGI
$37.9K $12.81/SF
− OpEx
−$9.5K −$3.20/SF
NOI
$28.4K $9.60/SF
Area
Muskogee County, OK
Vacancy
7.20%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$568,220
Cap Rate 7%
$405,871
Cap Rate 9%
$315,678

Alternative Uses

Best Use
Specialty Retail
$405.9K
$355.1K – $473.5K (±1% cap)
NOI $28,411 @ 7.0% cap · market cap 3.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$619.1K
$541.8K – $722.3K (±1% cap)
NOI $43,340 @ 7.0% cap · market cap 5.42%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Cafe & Coffee Shop Tanning Salon Veterinary Clinic Pet Grooming Service Hair Salon Nail Salon

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

Location Intelligence

Trade Area within ½ mile

8
Businesses Nearby
Well-served
Demand for This Use

Demographics for 74434, OK

8,889
Population
4,015
Households
2.2
Avg Household Size
40
Median Age
32%
College-Educated
94%
High-School Grad
123.2 sq mi
ZIP Area
72
Density / Sq Mi
$72,454
Median Household Income
$44,019
Median Earnings
$787
Median Rent
$181,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant property with public restrooms, tile flooring, signage, and an owned security system.
Where is this conventional restaurant located?
The property is located at 920 S Ross Street Fort Gibson, OK.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: 2,958‑square‑foot restaurant building on 0.641 acres; Built in 2004 with concrete construction and tile flooring; 9' ceiling height with public restrooms
More about this property
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