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1502 N 5th St, Perry, OK, 73077

0beds
1baths
4,080sqft
$195,000
$48price/sqft
$1,661/moest. monthly cost
$66,440/yrincome needed

About This Home

COMMERCIAL PROPERTY on 1.8 ACRES - RETAIL + SHOP + STORAGE UNITS - North Perry with HWY 77 frontage. Great opportunity in Perry with multiple income streams and room to grow. Sitting on approximately 1.8 acres, this property offers a combination of retail/customer space, shop area, and fully rented storage units - ideal for an investor or someone needing space for their own business. BUILDING 1 (50’ x 80’, built in 1974) has a history of rental income and includes approximately 1,500sf of retail/customer space with counter area, office, storage room, and restroom The attached shop offers approximately 2,500sf with (2) 12’ x 14’ overhead doors and (1) 14’ x 20’ overhead door - great for equipment, vehicles, or a service-based business. The shop also features an overhead winch, wall-mounted winch, and a large loft/storage space above the retail area. There is also an open shop bay at the rear of the building for additional workspace. BUILDING 2/STORAGE UNITS (built in 2001) includes (6) 16’ x 16’ storage units - all currently rented and bringing in steady income. Gravel drive with open parking area that can handle multiple vehicles, trailers, or equipment, with plenty of room to expand. The 1.8-acre lot gives you ample space to add more buildings, storage units, or use as needed. Whether you’re looking for a place to run your business, invest, or both, this property has a lot of flexibility and potential. Property is zoned commercial; buyer to verify permitted uses. Call today to see! Buyer agents welcome.

Getting Around

9
WalkingCar-Dependent
0
TransitVery Limited Transit
29
BikeSomewhat Bikeable

Schools

9/10
Perry Elementary SchoolGrades PK-61.0 mi
8/10
Perry Junior High SchoolGrades 7-81.1 mi
7/10
Perry High SchoolGrades 9-120.9 mi

Construction

Condition

  • Year built: 1974

Materials

  • Roof: Metal
  • Construction materials: Metal Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bathrooms: 1
  • 1/2 bathrooms: 1

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 4,080
  • Total interior livable area: 4,080 sqft

Property

Details

  • Zoning description: General Commercial Perry

Features

  • Levels: One
  • Stories: 1
  • Fencing: None

Lot

  • Lot size: 1.80 Acres
  • Features: Corner Lot on Hwy 77
  • Lot size dimensions: 193' x 399' MOL

Parking

  • Parking features: Other
  • Has garage: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Ice Storm
    Ice StormVery High
  • Tornado
    TornadoVery High
  • Hail
    HailRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Cold Wave
Ice Storm
Tornado
Hail
Heat Wave
Strong Wind
Winter Weather
Inland Flooding
Lightning

FEMA Declared Disasters in Noble County and Oklahoma

Severe Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $986$11,832
Home Insurance $283$3,396
Property Taxes $89$1,068
Electricity $303$3,642
Total$1,661$19,932

Income You'd Need if You Spent...

35% on housing$56,948/yr
40% on housing$49,830/yr
45% on housing$44,293/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.1%
7.1%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.7%
-0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$48This listing

vs Other Active Listings

Avg $/sqft

ZIP 73077$67
Noble County$83

vs Homes Sold Last Month

Median $/sqft

ZIP 73077
Noble County$122

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-03-27Listed for sale$250,000

For Sale by Agent

AgentMichelle Leach
BrokerageRealty ONE Group Champion - Perkins

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