Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2230 Division St Guthrie, OK 73044

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Versatile 15,000 sq ft space in prime location.

    Lot size:
    15,000 SF

    Property Features for 2230 Division St

    General Information

    Property type
    Medical Office Space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    15,000 SF
    Total Rate
    150000

    Spaces For Lease

    at 2230 Division St, Guthrie, OK 73044 Contact us
    Unit

    $300 /Mo

    Size
    15,000 SF
    Contact us

    We can help!

    Listing Contact
    Rosha Wood
    Rosha Wood

    Listing Agency: Price Edwards and Company - Oklahoma City Listing Agent: Rosha Wood

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional 15,000-square-foot commercial property at 2230 S Division Street in Guthrie, Oklahoma, presents a unique investment opportunity. Situated on a 3.35-acre lot in Logan County, this single-tenant building offers remarkable flexibility. Its mixed-use zoning allows for a diverse range of businesses, including traditional office, medical office, flex space, executive office, warehouse, manufacturing, and distribution uses. The property's expansive size allows for customization to suit individual business needs; the space can be easily divided to accommodate multiple tenants or a single large operation. The building's location in Guthrie provides excellent visibility and accessibility, ensuring high traffic and convenient access for customers and employees. This prime location within a growing community makes it an ideal choice for businesses seeking a thriving market. The property's versatility, combined with its strategic location and ample space, makes it a compelling investment opportunity for entrepreneurs and established businesses alike. This is a rare chance to acquire a substantial commercial property with significant potential for growth and return on investment. The property is ready for immediate occupancy and offers a unique blend of functionality and location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    2nd Ave Spa ... Hair Salon Serenity Now Spa Spa & Massage Center

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Hotel & Motel Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Guthrie
    County
    Logan
    State
    Oklahoma
    Longitude
    -97.425511010336
    Latitude
    35.855620037436

    Nearby Similar for Lease

    • $5,000 /Mo
      6,000 SF

      Guthrie Warehouse with Office Space

      6,000 SF warehouse with office near Highway 33.
      5286 Highway 33 NE, Guthrie, OK 73044
      View Details
    • $450 /Mo
      250 SF

      Office Suite in Filtsch Building

      Office suite for lease in downtown Guthrie, Oklahoma.
      108 S Division Office Ste 211 St, Guthrie, OK 73044
      View Details
    • $12 SF/Yr

      Guthrie Mixed-Use Warehouse Space

      Conveniently located mixed-use warehouse space with office and shop areas.
      410 Sigma Pl, Guthrie, OK 73044
      View Details
    • $12 SF/Yr

      Retail Space Near Walmart

      Retail space for rent in First Capital Square Shopping Center.
      1726 S Division St, Guthrie, OK 73044
      View Details
    • $9 SF/Yr

      Industrial Shop Building For Rent

      Industrial shop building with fenced yard, multiple doors, and offices.
      2024 Ruhl Dr, Guthrie, OK 73044
      View Details
    • $12 SF/Yr
      3,200 SF

      Guthrie Flex Space For Rent

      Flex space featuring office, bathroom, shop area, and overhead door.
      410 Sigma Pl, Guthrie, OK 73044
      View Details
    • Contact for pricing
      20,000 SF

      Guthrie Warehouse Space Available

      20,000 square feet of warehouse space for lease.
      900 N 4Th St, Guthrie, OK 73044
      View Details
    • $4 SF/Yr
      31,248 SF

      Guthrie Industrial Space For Lease

      Large industrial space; ample parking; great location.
      326 College Ave, Guthrie, OK 73044
      View Details
    • Contact for pricing
      7,000 SF

      Retail Suites in Guthrie, OK

      Retail/office suites available in high-traffic Guthrie location.
      2108 S Division St, Guthrie, OK 73044
      View Details
    • $12 SF/Yr
      800 SF

      Retail Space Near Walmart

      Retail space available in well-maintained shopping center.
      1700-1726 S Division St, Guthrie, OK 73044
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - Versatile 15,000 sq ft space in prime location.
    Where is this medical office space located?
    The property is located at 2230 Division St Guthrie, OK.
    What is the lease rate?
    The lease rate is $300 /Mo.
    What are key features of this property?
    This property features: Versatile mixed-use property totaling 15,000 square feet.; Single-tenant occupancy.; Located in Guthrie, Oklahoma, offering excellent visibility and accessibility.
    (405) 239-1219 Call to check price and availability
    Request Owner's contact information
    2230 Division St Guthrie, OK 73044
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2230 Division St
    Guthrie, OK 73044
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2230 Division St Guthrie, OK 73044
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Rosha Wood
    Rosha Wood
    (405) 239-1219 (405) 902-8181 (405) 843-7474
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!