Add Listing
    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

    15693 Highway 10 Tahlequah, OK 74464

    View on Map
    Sponsored
    For Sale
    $599,000

    COMMERCIAL - Tahlequah, OK

    Property size:
    1,456 SF
    Lot size:
    2.57 Acres
    Days on Market:
    110
    Last Refresh:
    Mar 21 at 8:06 pm

    Property Features for 15693 Highway 10

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C-1
    Parking features
    Off Street
    Interior features
    Dry Bar, Public Restrooms, Smoke Detector, Wet Bar
    Exterior features
    Storage
    Size
    1,456 SF
    Lot size
    2.57 Acres

    Utilities

    Utilities
    Propane
    Sewer type
    Septic Tank
    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Well

    Building Details

    Year built
    1980
    Building materials
    Frame
    Roof type
    Composition
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Randy Hale
    Randy Hale

    Century 21 Wright Real Estate

    Listing agent Randy Hale

    Listing date Dec 1, 2025

    MLS# 2545911

    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

    Tahlequah Recreational Resort Facility

    This established recreational resort facility is located near the Illinois River on Highway 10. The property includes 3 cabins, a 3-bedroom, 2-bath house with a shop, 4 RV spots, a store/office, and a covered pavilion. The property is zoned C-1 and has a lot size of 2.57 acres. The property size is 1456 square feet. This resort is located in Tahlequah, OK.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Resorts

    Suggested Use

    Restaurant Hotel & Motel Garden Center Catering Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Tahlequah
    County
    Cherokee
    State
    Oklahoma
    Longitude
    -94.910797
    Latitude
    35.948351

    Nearby Similar for Sale

    • $515,000
      Pending

      Restaurant Building on High-Traffic Road

      Restaurant building on a high-traffic road in a thriving community.
      1310 S Muskogee Ave, Tahlequah, OK 74464
      View Details
    • $680,000
      2,164 SF

      Tahlequah Medical Office Investment

      Well-maintained medical office building with existing tenant through April 2027.
      709 E Downing St, Tahlequah, OK 74464
      View Details
    • $1,450,000
      4,121 SF

      Remodeled Venue on Prime Acres

      Versatile 4,121 sq ft venue on 7 acres near town.
      1390 N Legion Dr, Tahlequah, OK 74464
      View Details
    • $1,450,000
      7.00 Acres

      Versatile Venue on Seven Acres

      Remodeled commercial venue near Illinois River with endless possibilities.
      1390 N Legion Dr, Tahlequah, OK 74464
      View Details
    • $399,000
      8,840 SF

      Tahlequah Commercial Building For Sale

      Spacious 8,800 sq ft commercial building in high-traffic area.
      1598 Park Hill Rd, Tahlequah, OK 74464
      View Details
    • $1,450,000
      4,121 SF

      Versatile Commercial Venue Near Tahlequah

      Remodeled 4,121 sq ft venue on 7 acres near Tahlequah.
      1390 N Legion Dr, Tahlequah, OK 74464
      View Details
    • $1,100,000
      4,584 SF

      Restaurant Opportunity in Tahlequah, OK

      Turnkey restaurant on .90 acre lot with equipment included.
      1403 S Park Hill Rd, Tahlequah, OK 74464
      View Details
    • $350,000
      4,184 SF

      Tahlequah Multi-Use Commercial Property

      4,184 SF multi-use commercial property in high-traffic area.
      704 S Muskogee Ave, Tahlequah, OK 74464
      View Details
    • $320,000
      40.00 Acres

      40 Acres Near Tahlequah, OK

      40 acres of versatile agricultural and recreational land.
      13788 W 770 Rd, Tahlequah, OK 74464
      View Details
    • $300,000
      2,209 SF

      Updated Duplex Near College

      Well-maintained duplex with updates, strong income potential, desirable location.
      603 N Cedar Ave, Tahlequah, OK 74464
      View Details
    • $299,900
      2,400 SF

      Updated Commercial Building in Tahlequah

      Turnkey commercial opportunity in a prime central location.
      2113 Mahaney Ave, Tahlequah, OK 74464
      View Details
    • $320,000
      1,500 SF

      Renovated Duplex Near NSU Stadium

      Completely renovated duplex near NSU Stadium and Tahlequah downtown.
      112 W Allen Rd, Tahlequah, OK 74464
      View Details

    FAQs

    What type of property is this?
    Resort - Established resort with cabins, house, RV spots, store, and pavilion.
    Where is this resort located?
    The property is located at 15693 Highway 10 Tahlequah, OK.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: - Established recreational resort facility near the Illinois River on Highway 10.; - Instant money-making opportunity with existing infrastructure.; - Includes 3 cabins, a 3-bedroom, 2-bath house with shop, 4 RV spots, store/office, and covered pavilion.
    (918) 456-5288
    Request Owner's contact information
    15693 Highway 10 Tahlequah, OK 74464
    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.
    15693 Highway 10
    Tahlequah, OK 74464
    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
    15693 Highway 10 Tahlequah, OK 74464
    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
    Randy Hale
    Randy Hale
    Real Estate License ID: 34655
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!