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Property profile & analytics
FOR LEASE
Banks

650 S Cherokee St Catoosa, OK 74015

11,429 SF 0.73 ac lot Built 1975
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US69-0527234
Property summary
AI-generated overview

This exceptional commercial property in Catoosa, Oklahoma, offers a prime opportunity for businesses seeking flexible and modern office space. Located at 650 S Cherokee St, this single-building complex, constructed in 2006, boasts a total of 11,429 square feet and comprises four individual suites. Two suites are currently available, ranging in size from 1,819 to 3,464 square feet, perfect for a variety of business needs. The property is zoned UC and sits on a 0.73-acre lot, providing ample space and visibility. The building caters to both traditional and creative office users, offering a versatile environment. Ample parking is available with 37 spaces, providing a parking ratio of 3.24 spaces per suite. The property's location in the Catoosa submarket of Rogers County (APN 660025537, Zip code 74015) offers convenient access to key transportation routes and amenities. This is a multi-tenant property ideal for businesses seeking a well-maintained and strategically located office space in a thriving community. The property's modern design and convenient amenities make it an attractive option for businesses of all sizes. Contact us today to learn more about leasing opportunities.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1975
Total area 11,429 SF
Lot 0.73 ac (31,799 SF)
APN 25537
UPID US69-0527234
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Vast Bank Bank Loan Service
  • Armstrong Bank Bank Loan Service
  • Eagle National Insurance Group, Inc. Insurance Agency
  • H&R Block Tax Preparation
  • White Stephen Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$900k
CAP Approach CAP
by Request
Comparable Approach Comparable
$563k
Blend (final) Blend
$900k
Owner & transaction history
Fc Group LLC · 2 yrs held
Fc Group LLC
since 2024
Last sale
$900,000
7 recorded transactions
2025
Price N/A
2025
Price N/A
2025
Price N/A
2024
$900,000
2020
$125,000
2020
$2.2M
2005
$490,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $1.4M +100.8%
Medical building $1.3M +87.6%
Auto repair, garage $1.1M +57.3%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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