Building Details

Year Built 1970

Listing Agency: White Buffalo Realty, Inc.

Listed By: Candace Storms · License #159480 Show Phone

Source: Initialpointrealtyok

Added: Aug 1 Changed: Oct 25 Last Checked: Oct 7 at 1:47PM

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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 White Buffalo Realty, Inc.

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Investment Insights

Based on property information with market context.

This storefront property includes a front building with an established long-term tenant. The building was constructed in 1970 and is described as clean and well maintained. Interior systems include a split HVAC arrangement with zone-based air conditioning, while exterior lighting is also present.

The property is situated along US Hwy 70A in Wilson, Oklahoma. City water, city sewer, and electricity serve the building, providing core utility infrastructure for ongoing commercial occupancy. The available property information identifies a 640 property size and does not specify the measurement unit.

Key Highlights

• Front building occupied by a long‑term tenant
• 640 property size
• City water, city sewer, and electricity

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$5,204

Cap Rate

5.20%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$104,080 $104.1K

Cap Rate 7%

$74,343 $74.3K

Cap Rate 9%

$57,822 $57.8K

Is this asking price fair?

Market Conditions

NOI Build-Up for 640 SF

Gross rent

$8.4K $13.20/SF

− Vacancy

−$1.0K −$1.58/SF

EGI

$7.4K $11.62/SF

− OpEx

−$2.2K −$3.48/SF

NOI

$5.2K $8.13/SF

Area

Carter County, OK

Vacancy

12.00%

Lease Rate

$13.20 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$104,080

Cap Rate 7%

$74,343

Cap Rate 9%

$57,822

Alternative Uses

Best Use

Retail

$74.3K

$65.1K – $86.7K (±1% cap)

NOI $5,204 @ 7.0% cap · market cap 5.20%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$164.1K

$143.6K – $191.5K (±1% cap)

NOI $11,489 @ 7.0% cap · market cap 11.49%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Building Supply Real Estate Agency HVAC Service Plumbing Service Pharmacy Kitchen & Bath Showroom

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

Lease Details

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

94

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 73463, OK

3,365

Population

1,709

Households

2

Avg Household Size

43

Median Age

11%

College-Educated

87%

High-School Grad

209.9 sq mi

ZIP Area

16

Density / Sq Mi

$56,372

Median Household Income

$42,538

Median Earnings

$783

Median Rent

$107,800

Median Home Value

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?

Storefront property - Single-story commercial building with municipal utilities, electric service, and zoned heating and cooling.

Where is this storefront property located?

The property is located at 997 Us Hwy 70a Wilson, OK.

What is the asking price?

The asking price for this property is $100,000.

What are key features of this property?

This property features: Front building occupied by a long‑term tenant; 640 property size; City water, city sewer, and electricity