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

    1909 Muskogee Ave Tahlequah, OK 74464

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    High-visibility retail space, multiple units.

    Lot size:
    20,523 SF

    Property Features for 1909 Muskogee Ave

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,523 SF

    Spaces For Lease

    at 1909 Muskogee Ave, Tahlequah, OK 74464 Contact us

    We can help!

    Listing Contact
    Shawn Krisher
    Shawn Krisher

    Listing Agency: Legacy Commercial Properties Listing Agent: Shawn Krisher

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

    Learn more

    Property Insight Report

    Overview

    This exceptional retail property, located at 1909 South Muskogee Avenue in Tahlequah, Oklahoma, 74464, offers a prime leasing opportunity. The property is a strip center totaling 20,523 square feet, with multiple tenancies available. Currently, there are 3,627 square feet of vacant space, divisible into units ranging from a minimum of 1,200 square feet to a maximum contiguous space of 5,196 square feet. The property enjoys high visibility from South Muskogee Avenue and provides ample parking for tenants and customers. Its convenient location offers easy access to major highways, ensuring high traffic flow and accessibility for patrons. The property also boasts excellent signage opportunities, allowing businesses to maximize their brand visibility. This makes it an ideal location for a variety of retail, dining, or service-oriented businesses seeking a high-traffic, easily accessible location with strong visibility and ample parking. The property's flexible space options cater to businesses of various sizes, offering a customizable solution to meet individual needs. Don't miss this chance to secure a prominent location in a thriving area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Petsense by Tractor ... (Bike/Boat/Book/etc) Store Little Caesars Pizza Restaurant Wild Turtle Nutrition Specialty Food Shop Redbox Cinema AT&T - Internet Service ... Telecommunications Service

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Tahlequah
    County
    Cherokee
    State
    Oklahoma
    Longitude
    -94.9758826
    Latitude
    35.8918186

    Nearby Similar for Lease

    • Contact for pricing
      1,258 SF

      Retail Space Near Walmart

      Retail space shadow-anchored by Walmart Supercenter in Tahlequah, OK.
      409 Daisy Dr, Tahlequah, OK
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space Near Walmart

      Retail space shadow-anchored by Walmart Supercenter.
      407 Daisy Dr, Tahlequah, OK
      View Details
    • Contact for pricing
      4,800 SF

      Retail Space Near Walmart

      Retail space shadow-anchored by Walmart Supercenter in Tahlequah, OK.
      403 Daisy Dr, Tahlequah, OK
      View Details
    • Contact for pricing
      6,808 SF

      1294 Downing St

      Neighborhood centers • 6,808 SF
      1294 Downing St, Tahlequah, OK 74464
      View Details

    FAQs

    What type of property is this?
    Neighborhood center - High-visibility retail space, multiple units.
    Where is this neighborhood center located?
    The property is located at 1909 Muskogee Ave Tahlequah, OK.
    What are key features of this property?
    This property features: High visibility from South Muskogee Ave.; Ample parking.; Ideal for retail, dining, or service businesses.
    Request Owner's contact information
    1909 Muskogee Ave Tahlequah, OK 74464
    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.
    1909 Muskogee Ave
    Tahlequah, OK 74464
    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
    1909 Muskogee Ave Tahlequah, OK 74464
    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 Shawn Krisher
    Shawn Krisher
    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!