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

    2 S 4531 Road Vian, OK 74962

    View on Map
    For Sale
    Contact for pricing

    LAND - Vian, OK

    Lot size:
    0.21 Acres
    Added:
    Mar 18, 2026
    Days on Market:
    20
    Last Refresh:
    Apr 6 at 7:06 pm

    Property Features for 2 S 4531 Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    r1
    Standard status
    Active
    Lot size
    0.21 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    SEQUOYAH CO. Fairway South LOT 2 BLK 2
    Tax Annual Amount
    26

    We can help!

    Listing Contact
    Susan Littlejohn
    Susan Littlejohn

    Listing agent Susan Littlejohn License #147313

    Listing office C21/Wright Real Estate 103 Mimosa Lane, Tahlequah, OK

    Listing date Mar 18, 2026

    MLS# 2609602

    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.

    Overview

    Vian, OK Level Building Lot

    This is a level building lot located in East Lake Hills Fairway South, situated very near the entrance and just feet off a paved road. The property is located in Vian, OK. It has a lot size of 0.206 acres. Rural water and electric services are available nearby. The zoning is R1. Restrictions apply, with no mobile homes or RV living permitted.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Restaurant

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

    Location Insight

    • Map
    • Local Demand
    City
    Vian
    County
    Sequoyah
    State
    Oklahoma
    Longitude
    -94.94572
    Latitude
    35.620332

    Nearby Similar for Sale

    • $450,000
      6,044 SF

      Versatile Multi-Use Property on 10 Acres

      Multi-use property with warehouse, shop, and office space on 10 acres.
      454694 Highway 64, Vian, OK 74962
      View Details
    • $900,000
      6,006 SF

      Former Golf Course Development Opportunity

      83-acre former golf course near Lake Tenkiller for redevelopment.
      453579 E 965 RD, Vian, OK 74962
      View Details
    • $600,000

      Former Golf Course Development Opportunity

      63-acre development opportunity near Lake Tenkiller.
      Tract 2 N 4550 RD, Vian, OK 74962
      View Details
    • $70,000

      Vian Land Near Lake Tenkiller

      3.5 acres near Lake Tenkiller with highway frontage.
      449254 Hwy 100, Vian, OK 74962
      View Details
    • $275,000
      560 SF

      Turnkey Restaurant Opportunity on Hwy 64

      Fully operating restaurant near Lake Tenkiller in Vian, Oklahoma.
      513 E Schley Street, Vian, OK 74962
      View Details
    • $85,000

      10 Acres Near Lake Tenkiller

      10-acre farm/ranch property near Lake Tenkiller with rustic charm.
      S 4520 Road, Vian, OK 74962
      View Details
    • $69,900

      Oklahoma Land Ideal Homestead Retreat

      10 acres near Vian, OK, perfect for recreation.
      Tract 1 N 4490 RD, Vian, OK 74962
      View Details
    • $299,950
      2,500 SF

      Restaurant Ready in Vian, OK

      2,500 Sq Ft commercial building with restaurant equipment included.
      101 N Thornton ST, Vian, OK 74962
      View Details
    • $165,000
      2,704 SF

      Highway 82 Commercial Opportunity

      Versatile 2,704 sq ft building on 0.72 acres.
      99951 Hwy 82, Vian, OK 74962
      View Details
    • $120,000

      Secluded 30-Acre Oklahoma Land

      Wooded 30-acre tract near Vian, OK with creek and wildlife.
      Tract 2 N 4490 RD, Vian, OK 74962
      View Details
    • $84,500

      Secluded Vian Hunting Land

      20-acre wooded tract near Vian, Oklahoma, with creek.
      Tract 4 N 4490 RD, Vian, OK 74962
      View Details
    • $84,500

      20 Acres of Open Land

      20-acre tract near Vian, OK, ideal for building or farming.
      Tract 3 N 4490 RD, Vian, OK 74962
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Level building lot in East Lake Hills Fairway South.
    Where is this residential land & home lot located?
    The property is located at 2 S 4531 Road Vian, OK.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Level building lot ready for your dream home.; Located in desirable East Lake Hills Fairway South.; Very near the entrance for easy access.
    (918) 456-5288
    We can help!
    Listing Contact
    Susan Littlejohn
    Susan Littlejohn
    Real Estate License ID: 147313
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!