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    17011 Old Highway 112 Poteau, OK 74953

    Sponsored
    For Sale
    $275,000

    Farm/Estate - Poteau, OK

    Type:Farm
    Property size:
    1,764 SF
    Lot size:
    5.00 Acres
    Days on Market:
    2
    Last Refresh:
    Feb 28 at 2:06 pm

    Property Features for 17011 Old Highway 112

    General Information

    Property type
    Farm
    Property subtype
    Farm
    Standard status
    Active
    Zoning
    300
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Dining Room, Living Room
    Bedrooms
    5
    Bathrooms
    3
    Parking features
    Garage
    Interior features
    Walk-in Closet
    Appliances
    Dishwasher, Microwave, Washer
    Size
    1,764 SF
    Lot size
    5.00 Acres

    Utilities

    Heating system
    Electric (Heating), Forced Air, Heat Pump (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1996
    Year renovated
    1996
    Floors in Building
    2
    Flooring type
    Carpet, Tile
    Roof type
    Asphalt
    Architectural style
    Other

    We can help!

    Listing Contact
    Robert Carter

    United Country-Mixon Realty & Auctions (918) 647-9114

    Listing agent Robert Carter (918) 839-4717

    Listing date Feb 27, 2026

    MLS# 11663445 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.

    Learn more

    Property Insight Report

    Overview

    Remodeled Home with Mountain Views

    Located approximately 4 miles east of downtown Poteau, OK, this property features a recently remodeled 1,764 square foot two-story home on 5 acres. The property offers views of Sugarloaf Mountain to the southeast and Cavanal Hill to the west. The home's exterior includes a black roof replaced in 2023 and LP Smart Siding. It features an 8'x24' front porch, double pane windows, central heat/air, and two Daikin mini split units. The home has a concrete foundation and a septic tank with leach field. At the rear is a 12'x24' carport and a staircase leading to a 12'x24' second-floor deck. The living room, measuring 16'x15', has rustic wood walls and ceiling, and wood laminate flooring, joining a 9'x9' dining area with stone flooring. The 10'x11' kitchen includes natural stained pine cabinets, laminate countertops, a tiled floor, a solid surface electric cookstove, dishwasher, and microwave. A 9'x9' bedroom off the living room features rustic wood walls and ceiling. A full bath with shower, vanity, and toilet is located nearby. The utility room is 7'x16' and houses the washer, dryer, refrigerator, and clothes shelving, along with a 6'x7' pantry. Two additional bedrooms, measuring 11'x14' and 11'x19', have carpeted floors, ceiling fans, and closets. A full bath includes a tub/shower combination, vanity, and toilet. A spiral staircase leads to two second-floor bedrooms with vaulted ceilings, ceiling fans, carpeted floors, and dimensions of 12'x25' and 12'x23', respectively, with access to the second-floor deck. A full bath on this floor has a vanity, shower, and toilet, along with a walk-in closet. Additional structures include a 10'x28' RV carport and an 8'x12' storage building. The property is fenced and includes a pond shared with neighbors. It is located approximately 5 minutes from Poteau, 30 minutes from Ft. Smith, AR, and 2 hours from Tulsa and Northwest Arkansas. The property is ideal for raising livestock and has potential as an Airbnb due to its proximity to several lakes.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Short term rental ...

    Suggested Use

    Hair Salon Storage Facility Clothing & Fashion Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Poteau
    County
    Le Flore
    State
    Oklahoma
    Longitude
    -94.558514
    Latitude
    35.07173

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    FAQs

    What type of property is this?
    Farm - Two-story home on 5 acres with potential for Airbnb.
    Where is this farm located?
    The property is located at 17011 Old Highway 112 Poteau, OK.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: - Recently remodeled two-story home with 1,764 sq ft on 5 acres, offering a blend of modern updates and rural charm.; - Enjoy scenic views of Sugarloaf Mountain and Cavanal Hill, providing a picturesque backdrop.; - Low-maintenance exterior with LP Smart Siding and a roof replaced in 2023.
    (918) 647-9114
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    17011 Old Highway 112 Poteau, OK 74953
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    Poteau, OK 74953
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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
    17011 Old Highway 112 Poteau, OK 74953
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    Listing Contact
    Robert Carter
    (918) 647-9114 (918) 839-4717
    Learn more
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