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

    24174 E 998 Road Weatherford, OK 73096

    View on Map
    Claim this Listing
    For Sale
    $255,000

    LAND - Weatherford, OK

    Lot size:
    1.25 Acres
    Added:
    May 13, 2025
    Days on Market:
    344
    Last Refresh:
    Apr 21 at 3:06 pm

    Property Features for 24174 E 998 Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Residential
    Standard status
    Active
    APN
    24174E99873096
    Lot size
    1.25 Acres

    We can help!

    Listing Contact
    Daniel Adams

    Listing agent Daniel Adams License #201805

    Listing office Remax Gold Buckle Realty 510 E Main ST, Weatherford, OK

    Listing date May 13, 2025

    MLS# 1169547 Listing URL

    Copyright © 2026 MLSOK, 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

    Weatherford Land with Large Shop

    This 1.25-acre property in Weatherford, OK, includes a 60x120x18 shop featuring 5 overhead doors with electric garage door openers and 3 walk-through doors. The shop has 6-inch cement floors with steel and air lines throughout. It is plumbed through the cement with water and septic lines, and a septic system is already installed on the west side of the building. This space is suitable for a man cave, office area, or guest apartment. The property offers room to build a home.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    PCS, LLC Construction Company

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Weatherford
    County
    Custer
    State
    Oklahoma
    Longitude
    -98.68962
    Latitude
    35.567962

    Nearby Similar for Sale

    • $325,000

      Versatile Commercial Building in Weatherford

      9,600 SF commercial building on 2.41 acres near I-40.
      TBD E 1040 Rd, Weatherford, OK 73096
      View Details
    • $752,000
      3,760 SF

      Commercial Building on Route 66

      Versatile 3760 sqft commercial building on a full acre lot.
      1200 N Lyle Road, Weatherford, OK 73096
      View Details
    • $199,000
      1,666 SF

      Well-Maintained Duplex in Quiet Cul-de-Sac

      Duplex with updated units, long-term tenants, and rental income potential.
      117 W McKormic Drive, Weatherford, OK 73096
      View Details
    • $180,000

      Prime Land in Weatherford, OK

      0.32 acre commercial land for sale in Weatherford, OK.
      N Washington Street, Weatherford, OK 73096
      View Details
    • $79,500

      Residential Land in Weatherford, OK

      3+/- acre residential land within Weatherford city limits.
      1300 Westgate Road, Weatherford, OK 73096
      View Details
    • $246,810

      Productive Farmland with Remodeled Farmhouse

      320 acres of farmland near Weatherford, Oklahoma, with farmhouse.
      10451 N 2450 Rd, Weatherford, OK 73096
      View Details
    • $47,500

      Residential Land in Eagle Heights

      Residential lot in Weatherford's desirable Eagle Heights Subdivision.
      704 Cornerstone Avenue, Weatherford, OK 73096
      View Details
    • $1,750,000
      16,000 SF

      Weatherford Commercial Property with I-40 Visibility

      16,000 sq ft commercial building on 5 acres near I-40.
      23894 S Frontage Road, Weatherford, OK 73096
      View Details
    • $47,500

      Residential Lot in Eagle Heights

      Residential lot in established Weatherford neighborhood near schools.
      708 Cornerstone Avenue, Weatherford, OK 73096
      View Details
    • $1,750,000
      16,000 SF

      High-Visibility Commercial Building on I-40

      16,000 sq ft building on 5 acres with I-40 visibility.
      23894 S Frontage Road, Weatherford, OK 73096
      View Details
    • $375,000
      9,662 SF

      Weatherford Bowling Alley Business Opportunity

      Turn-key bowling alley with arcade and expansion potential.
      123 S Broadway Street, Weatherford, OK 73096
      View Details
    • $100,000

      Unimproved Land Near Weatherford, OK

      1.99 acres of unrestricted land suitable for various uses.
      Lawter, Weatherford, OK 73096
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 1.25-acre property with a 60x120x18 shop in Weatherford, OK.
    Where is this residential land & home lot located?
    The property is located at 24174 E 998 Road Weatherford, OK.
    What is the asking price?
    The asking price for this property is $255,000.
    What are key features of this property?
    This property features: 1.25‑acre property with a **large 60x120x18 shop**.; Shop includes **5 overhead doors with electric openers** and 3 walk‑through doors.; Shop features 6‑inch cement floors with steel reinforcement and air lines throughout.
    (580) 819-1532
    We can help!
    Listing Contact
    Daniel Adams
    Real Estate License ID: 201805
    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!