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17311 NE 23rd St 3,350 SF 100% Leased Office Building Choctaw, OK 73020 $450,000 ($134.33/SF) 4.53% Cap Rate
EXECUTIVE SUMMARY
--Perfect opportunity to own a 3,350 sq. ft. commercial office building in a prime, high-traffic location off NE 23rd Street in Choctaw. This well-maintained property is configured as two separate suites, offering flexibility for investors or owner-occupants. One suite is currently leased on a month-to-month basis, providing immediate rental income, while the second suite is vacant and move-in ready. The vacant space features a welcoming lobby/reception area, three spacious private offices, two restrooms, and a kitchen/breakroom with sink and refrigerator. High visibility, convenient access, and versatile layout make this property ideal for professional services, medical use, or a variety of business operations. Perfect for an owner-occupant seeking to offset expenses with rental income or an investor pursuing cash flow.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
3,350 SF
Building Class
B
Year Built
2007
Price
$450,000
Price Per SF
$134.33
Cap Rate
4.53%
NOI
$20,400
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,350 SF
Building FAR
0.10
Lot Size
0.80 AC
Zoning
Commercial
AMENITIES
- Wheelchair Accessible
- Central Heating
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 192432425 | Improvements Assessment | $35,911 |
| Land Assessment | $2,299 | Total Assessment | $38,210 |
PROPERTY TAXES
Parcel Number
192432425
Land Assessment
$2,299
Improvements Assessment
$35,911
Total Assessment
$38,210
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17311 NE 23rd St
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