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Property profile

116 8th St Okmulgee, OK 74447

OFF-MARKET
Office buildings
Property ID
US69-0413635
200 SF 0.12 ac lot Built 1920
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional mixed-use property, located at 116 W 8th Street, Unit 116 in the heart of Downtown Okmulgee, Oklahoma, presents a unique investment opportunity. The 1,736 square foot building sits on a 0.12-acre lot and offers a versatile layout ideal for a variety of business ventures. The ground floor boasts a welcoming reception and waiting area, perfect for client interaction, along with two private offices providing dedicated workspaces. A convenient public restroom is also included on this level. A generous allowance of $3,000 is offered by the seller to allow the buyer to select their preferred flooring for the downstairs area. The rear of the building features a sizable space with its own full bath and separate entrance, accessible from a covered parking area. This area is adaptable and could serve as an executive office, breakroom, or storage facility. Upstairs, a charming loft apartment provides comfortable living quarters. This updated space includes a kitchenette equipped with a sink, microwave, and retro refrigerator/freezer, a bedroom with a large closet, and a full bathroom. The property's central location and ample off-street parking make it an attractive option for both business and residential use. Priced at $139,000, this property offers significant potential for return on investment.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1920
Total area 200 SF
Lot 0.12 ac (5,239 SF)
APN 1100-00-117-002-0-002-00
UPID US69-0413635

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

116 8th St Okmulgee, OK 74447-5001
Okmulgee metro Census 300 TULSA, OK METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$75k

Owner & transaction history

since 2025
6 recorded transactions
2026
Price N/A
2025
Price N/A
2023
Price N/A
2023
$39,000
2018
$58,500
2006
$65,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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