Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    000 Schley Dr Vian, OK 74962

    Sponsored
    For Sale
    Pending
    Contact for pricing

    Acreage: 5 or less - Vian, OK

    Lot size:
    0.48 Acres
    Days on Market:
    8
    Last Refresh:
    Jan 21 at 11:06 am

    Property Features for 000 Schley Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    None
    Lot size
    0.48 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Scott Letourneau
    Scott Letourneau

    Property Solutions Real Estate Co. (918) 457-6601 [email protected]

    Listing agent Scott Letourneau (918) 457-4100 License #202866

    Listing date Jan 14, 2026

    MLS# 2536201 Listing URL

    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.

    Learn more

    Property Insight Report

    Overview

    Vian, OK - Commercial Land

    Located in Vian, Oklahoma, this 0.48-acre lot is situated approximately 0.06 miles from the downtown area. According to tax records, the property is suitable for a small business or smaller residence. There are no zoning requirements. Mobile or manufactured homes must be five years old or newer. Only aerobic septic systems are allowed. Fiber optic service from AT&T is available on site, and electric service is provided by OGE. RVs are not allowed as residences on this site.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Vian
    County
    Sequoyah
    State
    Oklahoma
    Longitude
    -94.966
    Latitude
    35.5382

    Nearby Similar for Sale

    • $289,900
      560 SF

      Turnkey Restaurant Opportunity on Highway 64

      Fully operating restaurant near Lake Tenkiller on a high-traffic corridor.
      513 E Schley St, Vian, OK 74962
      View Details
    • $165,000
      2,704 SF

      Highway 82 Church Opportunity

      2,704 sq ft building on 0.72 acres near Lake Tenkiller.
      99951 Highway 82, Vian, OK 74962
      View Details
    • $450,000
      6,044 SF

      Versatile Multi-Use Property on 10 Acres

      Multi-use office building with warehouse, shop, and living space.
      454694 Highway 64, Vian, OK 74962
      View Details
    • $145,000
      2,500 SF

      Remodeled Storefront Building in Vian

      Remodeled 2,500 SF storefront in Vian, Oklahoma for sale.
      108 S Thornton St, Vian, OK 74962
      View Details
    • $299,950
      2,500 SF

      Restaurant Opportunity in Vian, OK

      2,500 SF restaurant with equipment in the heart of Vian.
      101 N Thornton St, Vian, OK 74962
      View Details
    • $300,000
      2,280 SF

      Vian Commercial Property Investment

      Profitable Vian storefront, restaurant, & convenience store
      101 Thornton St, Vian, OK 74962
      View Details

    FAQs

    What type of property is this?
    Land - Located near downtown Vian, suitable for small business or residence.
    Where is this land located?
    The property is located at 000 Schley Dr Vian, OK.
    What is the asking price?
    The asking price for this property is $15,000.
    What are key features of this property?
    This property features: - Conveniently located near downtown Vian.; - .48 acre lot with no zoning restrictions.; - Fiber optic internet from AT&T is available.
    (931) 209-8058
    Request Owner's contact information
    000 Schley Dr Vian, OK 74962
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    000 Schley Dr
    Vian, OK 74962
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    000 Schley Dr Vian, OK 74962
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Scott Letourneau
    Scott Letourneau
    Real Estate License ID: 202866
    (931) 209-8058
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.