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    115156 Highway 48 Okemah, OK 74859

    For Sale
    $4,800,000

    Warehouse - Okemah, OK

    Type:Warehouse
    Property size:
    1,500 SF
    Lot size:
    31.16 Acres
    Days on Market:
    230
    Last Refresh:
    Dec 8 at 5:06 am

    Property Features for 115156 Highway 48

    General Information

    Property type
    Commercial Sale
    Property subtype
    Warehouse
    Standard status
    Active
    Zoning
    COM
    Interior features
    None
    Size
    1,500 SF
    Lot size
    31.16 Acres

    Utilities

    Cooling system
    None (Cooling)

    Building Details

    Year built
    1975
    Architectural style
    Other

    Chinowth & Cohen Realtors (918) 392-0900 [email protected]

    Listing agent Bill Lee (918) 392-0900 License #151261

    Listing date Apr 23, 2025

    MLS# 2517072 Listing URL

    Copyright © 2025 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.

    Overview

    Prime Commercial Lots with Warehouses

    This commercial development opportunity in Okemah, Oklahoma, features two commercial lots with frontage on Highway 40 and Highway 48. The property includes a 10-acre vacant lot ready for development, suitable for retail, hospitality, or office spaces. Adjacent to this is a 21-acre parcel with two steel warehouse structures totaling 1500 square feet, ideal for storage, manufacturing, or distribution. Located on Highway 40 and Highway 48, the lots benefit from high traffic counts, ensuring visibility and accessibility. The property is located in Okfuskee County. The location offers a foundation for establishing new ventures, expanding existing enterprises, or investing in real estate.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Okemah
    County
    Okfuskee
    State
    Oklahoma
    Longitude
    -96.2923
    Latitude
    35.469

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    FAQs

    What type of property is this?
    Warehouse - Commercial development opportunity in Okemah, Oklahoma with highway frontage.
    Where is this warehouse located?
    The property is located at 115156 Highway 48 Okemah, OK.
    What is the asking price?
    The asking price for this property is $4,800,000.
    What are key features of this property?
    This property features: - Prime commercial location with frontage on both Highway 40 and Highway 48.; - High traffic counts on both highways, ensuring maximum visibility.; - Two parcels included: a 10-acre vacant lot and a 21-acre lot with two steel warehouses.
    (918) 392-0900
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    Okemah, OK 74859
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    Realmo Value Estimation

    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.

    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.

    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
    115156 Highway 48 Okemah, OK 74859
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