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    9.38 Acres of Wooded Land Title is generated by Realmo AI

    000 Silvey Rd, Broken Bow, OK 74728

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    Claim this Listing
    For Sale
    $150,000

    Vacant Land - Broken Bow, OK

    Lot size:
    9.38 Acres
    Added:
    Jan 1, 2026
    Days on Market:
    155
    Last Refresh:
    Jun 5 at 8:06 am

    Property Features for 000 Silvey Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Parking features
    Garage
    Standard status
    Active
    Lot size
    9.38 Acres

    Taxes and HOA fees

    Tax Annual Amount
    0

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    CHUCK CLARK
    CHUCK CLARK

    Listing agent CHUCK CLARK

    Listing office Red River Realty and Auction 112 N. 9th St., Durant, OK

    Listing date Jan 1, 2026

    MLS# 11628711 Listing URL

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 9.38 acres of flat, wooded land suitable for various business or residential developments
    • Electricity and city water are available on the property
    • Located just off Silvey Rd, only 1/2 mile from the junction of Hwys 259 & 70
    • Features a large, open‑sided shed/pavilion (approx. 30' x 80')
    • Adjoins an additional 4.91 acres (also for sale by the same owner) with a large steel shop building and 3‑phase electric
    • Good drainage due to a gradual slope of approximately 30' over 1100' of the property

    Overview

    Located in Broken Bow, Oklahoma, this 9.38-acre parcel of land is nicely wooded and relatively flat, with a gradual slope of approximately 30 feet downward to the east across its 1100-foot length, facilitating good drainage. The acreage is suitable for various business purposes, such as a salvage yard or housing development. Electricity and city water are available. The property is heavily wooded, presenting the possibility of a wooded housing addition with spacious lots. Situated just off Silvey Road, it is conveniently located only half a mile east of the intersection of Highways 259 and 70. A large open shed or pavilion, approximately 30 feet wide by 80 feet long, is present on the property. This 9.38-acre parcel adjoins another 4.91-acre property with a steel shop building that fronts Highway 70, also for sale by the same owner. Combining the two properties would provide 14.29 acres near downtown Broken Bow, suitable for a salvage yard, big rig or motorhome RV repair shop, or a housing development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Broken Bow
    County
    McCurtain
    State
    Oklahoma
    Longitude
    -94.72851
    Latitude
    34.025735

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    FAQs

    What type of property is this?
    Land - 9.38 acres of wooded land suitable for various business ventures.
    Where is this land located?
    The property is located at 000 Silvey Rd Broken Bow, OK.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: 9.38 acres of flat, wooded land suitable for various business or residential developments; Electricity and city water are available on the property; Located just off Silvey Rd, only 1/2 mile from the junction of Hwys 259 & 70
    (580) 924-9595
    We can help!
    Listing Contact
    CHUCK CLARK
    CHUCK CLARK
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    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
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    000 Silvey Rd, Broken Bow, OK 74728
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