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
    The Largest CRE Database in the US with Over 1 Million Listings

    1120 E 1120 Dr Sallisaw, OK 74955

    Sponsored
    For Sale
    $35,000

    Mixed Use - Sallisaw, OK

    Type:Mixed Use
    Lot size:
    5.50 Acres
    Days on Market:
    7
    Last Refresh:
    Jan 23 at 4:06 pm

    Property Features for 1120 E 1120 Dr

    General Information

    Property type
    Land
    Property subtype
    Mixed Use
    Standard status
    Active
    APN
    0000-36-011-023-0-017-00
    Lot size
    5.50 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Team Mosby

    Mosby Group Real Estate & Development, LLC (918) 235-6700

    Listing agent Team Mosby (918) 235-6700

    Listing date Jan 17, 2026

    MLS# 1085444 Listing URL

    Copyright © 2026 Western River Valley Board of REALTORS®. 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

    Sallisaw Land with Scenic Views

    This 5.5-acre property in Sallisaw, Oklahoma, offers impressive views. The land presents an opportunity for constructing a smaller vacation home or an Airbnb with a deck. Electric and water utilities are accessible at the road. The property features a cleared area on top of the mountain, with wooded terrain below.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Auto Parts Store Department Store Food Market Auto Repair Shop Discount Store Farmer's Market Fish Market Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Sallisaw
    County
    Sequoyah
    State
    Oklahoma
    Longitude
    -94.826098
    Latitude
    35.390985

    Nearby Similar for Sale

    • $4,300,000
      5,600 SF

      Established Storm Shelter Manufacturing Business

      Turnkey storm shelter manufacturing business for sale in Sallisaw, Oklahoma.
      461510 E 1130 Rd, Sallisaw, OK 74955
      View Details
    • $760,500
      151.00 Acres

      Sallisaw, OK - 150 Acres

      150 acre property with great pasture-forage potential near Sallisaw.
      Rural Rte, Sallisaw, OK 74955
      View Details
    • $1,850,000
      3,666 SF

      Operational Chicken Farm on 40 Acres

      State-of-the-art automated chicken farm on 40 acres.
      1319 N J T Stites Blvd, Sallisaw, OK 74955
      View Details
    • $135,000
      2,450 SF

      Sallisaw Commercial Building For Sale

      Diverse commercial building near grocery store, furnished as hair salon.
      600 E Choctaw Ave, Sallisaw, OK 74955
      View Details
    • $149,000
      6.50 Acres

      Sallisaw Mixed-Use Acreage For Sale

      6.5 acre mixed-use property with shop and storage buildings.
      1705 W Eppler Rd, Sallisaw, OK 74955
      View Details
    • $140,000
      10.00 Acres

      Secluded Campsites with RV Hookups

      10-acre property with campsites, RV hookups, and included camper.
      4690 N 4690 Rd, Sallisaw, OK 74955
      View Details
    • New
      $250,000
      2,448 SF

      Sallisaw, OK Triplex Investment

      Triplex with 2 beds/1 bath units, great investment opportunity.
      891 W Choctaw Ave, Sallisaw, OK 74955
      View Details
    • $215,000
      2,080 SF

      Sallisaw, OK Medical/Dental Office

      Former dental office with five exam rooms in Sallisaw, OK.
      1107 E Cherokee Ave, Sallisaw, OK 74955
      View Details
    • $350,000
      30.00 Acres

      30 Acres Pasture Land For Sale

      30-acre pasture land equipped for livestock near city limits.
      N Maple St, Sallisaw, OK 74955
      View Details
    • $90,000
      9.00 Acres

      Sallisaw Mixed-Use Property For Sale

      Well-located property suitable for residential or commercial use.
      Tbd 59 Hwy, Sallisaw, OK 74955
      View Details
    • $330,000
      66.00 Acres

      66 Acres of Pasture Land

      66 acres of pasture land located on the edge of Sallisaw.
      460315 E 1050 Rd, Sallisaw, OK 74955
      View Details
    • $99,500
      1.00 Acre

      Sallisaw Mixed-Use Metal Building

      1800 SF metal building on 1 acre in Sallisaw.
      1019 E Choctaw Ave, Sallisaw, OK 74955
      View Details

    FAQs

    What type of property is this?
    Land - 5.5 acres with potential for vacation home or Airbnb.
    Where is this land located?
    The property is located at 1120 E 1120 Dr Sallisaw, OK.
    What is the asking price?
    The asking price for this property is $35,000.
    What are key features of this property?
    This property features: - 5. 5 acres m/l with **amazing views**; - **Cleared spot on top of the mountain suitable for building**; - Potential for Airbnb development
    (918) 235-6700
    Request Owner's contact information
    1120 E 1120 Dr Sallisaw, OK 74955
    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.
    1120 E 1120 Dr
    Sallisaw, OK 74955
    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
    1120 E 1120 Dr Sallisaw, OK 74955
    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
    Team Mosby
    (918) 235-6700
    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.