16400 NE 23rd St, Choctaw, OK 73020
Operating car wash with self-serve and automatic bays.
- Added:
- Jul 31, 2023
- Days on Market:
- 1074
- Last Refresh:
- Jun 25 at 11:37 am
Property Features for 16400 NE 23rd St
General Information
- Standard status
- Active
- Size
- 4,024 SF
- Property subtype
- Special Purpose
Building Details
- Year Built
- 2005
Listing office Creek Commercial Realty (405) 830-0252
Listing date Jul 31, 2023
Source Crexi
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 Creek Commercial Realty
HighLights
- Self‑Serve Carwash
- 5 Self‑Serve Bays
- 1 Automatic Bay
- 6 Vacuum Stations
- Year Built: 2005
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 | $67.1k | $16.68 |
| − Vacancy | −$6.4k | −$1.60 |
| EGI | $60.7k | $15.08 |
| − OpEx | −$18.2k | −$4.52 |
| NOI | $42.5k | $10.56 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Choctaw
- County
- Oklahoma
- State
- Oklahoma
- Longitude
- -97.2403241
- Latitude
- 35.492741
