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Highway-Access Auto Shop
For Sale
$300,000

W Old Highway 33, Drumright, OK 74030

Commercial, Drumright, OK

Property Size5,000 SF
Lot Size3.82 Acres
Price / SF$60
Days on Market92

Property Features for W Old Highway 33

General Information

Property type Commercial Sale
Property subtype Other
Zoning UC
Elementary school district Drumright - Sch Dist (45)
Middle school district Drumright - Sch Dist (45)
High school district Drumright - Sch Dist (45)
Directions From Drumright, travel east on Hwy 33 (Truck Bypass). The property is located on the north side of Hwy 33 with direct highway frontage and access from Hwy 33.
Standard status Active
APN 9999-04-017-007-0-015-00
Size 5,000 SF
Lot size 3.82 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description See Attached
Tax Annual Amount 2029
Legal Description See Attached

Utilities

Heating system Space Heater
Cooling system Central Air

Building Details

Year built 2004
Building materials Steel
Roof type Metal
Listing Agency: Keller Williams Advantage · Keller Williams Realty
Listed By: BC Flanigan
Added: Jul 23 Changed: Oct 7 Last Checked: Oct 22 at 3:06PM
MLS# 2626260

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.

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Investment Insights

Based on property information with market context.

This auto shop property includes 3.82 acres and a 5,000-square-foot pre-engineered steel building constructed in 2004. The existing layout includes a service repair garage, overhead doors, and shop space, with room identified for office use. Central air and space-heater systems serve the building, which has a metal roof.

The property has direct access to Highway 33 in Drumright and is zoned UC, or Urban Commercial. The site and building are suited to contractor operations, equipment storage, warehouse use, building trades, or other uses permitted under the zoning. The property is offered in its current as-is condition.

Key Highlights

  • 3.82‑acre commercial service property
  • 5,000 SF pre‑engineered steel building
  • Direct access to Highway 33

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$25,853
Cap Rate
8.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$517,060 $517.1K
Cap Rate 7%
$369,329 $369.3K
Cap Rate 9%
$287,256 $287.3K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$42.0K $8.40/SF
− Vacancy
−$2.2K −$0.45/SF
EGI
$39.8K $7.95/SF
− OpEx
−$13.9K −$2.78/SF
NOI
$25.9K $5.17/SF
Area
Creek County, OK
Vacancy
5.30%
Lease Rate
$8.40 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$517,060
Cap Rate 7%
$369,329
Cap Rate 9%
$287,256

Alternative Uses

Best Use
Warehouse
$417.0K
$364.8K – $486.5K (±1% cap)
NOI $29,187 @ 7.0% cap · market cap 9.73%
Second Best
Flex RnD
$369.3K
$323.2K – $430.9K (±1% cap)
NOI $25,853 @ 7.0% cap · market cap 8.62%
Theoretical Best
Office A
$1.23M
$1.08M – $1.43M (±1% cap)
NOI $86,069 @ 7.0% cap · market cap 28.69%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Auto shops

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2
Businesses Nearby
Well-served
Demand for This Use

Demographics for 74030, OK

3,529
Population
1,675
Households
2.1
Avg Household Size
41
Median Age
12%
College-Educated
89%
High-School Grad
69.4 sq mi
ZIP Area
51
Density / Sq Mi
$42,208
Median Household Income
$37,839
Median Earnings
$523
Median Rent
$90,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Auto shop - Service garage with overhead doors, shop space, and office potential.
Where is this auto shop located?
The property is located at W Old Highway 33 Drumright, OK.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 3.82‑acre commercial service property; 5,000 SF pre‑engineered steel building; Direct access to Highway 33
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