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

    292Nd St Poteau, OK 74953

    View on Map
    Sponsored
    For Sale
    $150,000

    COMMERCIAL - Poteau, OK

    Lot size:
    1.34 Acres
    Days on Market:
    3
    Last Refresh:
    Mar 11 at 2:06 am

    Property Features for 292Nd St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    0000-12-07N-25E-0-077-00
    Lot size
    1.34 Acres

    Utilities

    Sewer type
    Septic Needed

    We can help!

    Listing Contact
    Ricky Ward

    ReMax Champion Land Brokers

    Listing agent Ricky Ward

    Listing date Mar 9, 2026

    MLS# 1087558

    Copyright © 2026 Western River Valley Board of REALTORS®. 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

    Prime Commercial Lot in Poteau

    This 1.34-acre commercial lot is located in Poteau, Oklahoma, and features a concrete building pad and available utilities. Situated off State Highway 112/59 Bypass, the property offers visibility and accessibility, making it suitable for various business ventures. The location is ideal for constructing a new establishment, with potential uses including a retail space, office building, storage buildings, mechanic shop, or restaurant. The acreage is positioned to attract both foot and drive-by traffic, offering a foundation for future business success in a growing area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Poteau
    County
    Le Flore
    State
    Oklahoma
    Longitude
    -94.621048
    Latitude
    35.098753

    Nearby Similar for Sale

    • New
      $269,000
      1,152 SF

      Poteau Commercial Property on Broadway

      Commercial property on a busy thoroughfare with high visibility.
      2104 N Broadway St Unit B, Poteau, OK 74953
      View Details
    • $400,000
      14,197 SF

      Poteau Multi-Tenant Commercial Property

      Versatile commercial building in high-traffic area, ideal for diverse businesses.
      803 N Broadway St, Poteau, OK 74953
      View Details
    • $77,921
      624 SF

      Commercial Property in Heart of Poteau

      Commercial property in Poteau, OK, offering endless business opportunities.
      308 Peters St, Poteau, OK 74953
      View Details
    • $380,000
      15,088 SF

      Poteau Commercial Building with Stage

      Commercial building featuring a bar, stage, and dance floor.
      1808 B Tarby Rd, Poteau, OK 74953
      View Details
    • $140,000
      5,000 SF

      Downtown Poteau Commercial Building

      Commercial building in downtown Poteau, OK, with redevelopment potential.
      307 Dewey Ave, Poteau, OK 74953
      View Details
    • $300,000
      8,800 SF

      Versatile Church Building on Broadway

      8800 SF church in Poteau, OK with high visibility.
      506 S Broadway St, Poteau, OK 74953
      View Details
    • $475,000
      Pending

      Versatile Commercial Property in Poteau

      10,644 sq ft commercial space ideal for auto repair.
      1612 S Broadway Ave, Poteau, OK 74953
      View Details
    • $375,000
      4,000 SF

      Poteau Commercial Building on Broadway

      4,000 SF commercial building in desirable, high-traffic location.
      405 North Broadway St, Poteau, OK 74953
      View Details
    • $400,000
      4,731 SF

      Economy Inn on Broadway Street

      16-room motel with manager's apartment in growing Poteau, Oklahoma.
      2011 Broadway St, Poteau, OK 74953
      View Details
    • $400,000
      4,731 SF

      Economy Inn on Broadway Street

      16-room motel with manager's apartment in high-traffic area.
      2011 Broadway St, Poteau, OK 74953
      View Details
    • New
      $6,120,000
      Pending

      Oklahoma Ranch with Natural Beauty

      1360-acre Oklahoma ranch, ideal for livestock and wildlife.
      1360S Gilmore Rd, Poteau, OK 74953
      View Details
    • $275,000
      1,764 SF

      Remodeled Home with Mountain Views

      Two-story home on 5 acres with potential for Airbnb.
      17011 Old Highway 112, Poteau, OK 74953
      View Details

    FAQs

    What type of property is this?
    Commercial land - 1.34-acre commercial lot with utilities off State Highway 112/59.
    Where is this commercial land located?
    The property is located at 292Nd St Poteau, OK.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: - 1.34-acre commercial lot; - Located directly off State Highway 112 / 59 Bypass; - Excellent visibility and easy access
    (918) 649-0201
    Request Owner's contact information
    292Nd St Poteau, OK 74953
    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.
    292Nd St
    Poteau, OK 74953
    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
    292Nd St Poteau, OK 74953
    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
    Ricky Ward
    Real Estate License ID: 154336
    (918) 649-0201 (918) 658-8067
    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!