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

    31 Riding Street Inola, OK 74036

    View on Map
    Claim this Listing
    New
    Picture of Residential land & home lots at 31 Riding Street, Inola, OK
    For Sale
    $47,500

    LAND - Inola, OK

    Lot size:
    0.88 Acres
    Added:
    Apr 13, 2026
    Days on Market:
    5
    Last Refresh:
    Apr 17 at 12:06 pm

    Property Features for 31 Riding Street

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Urban Res
    Standard status
    Active
    APN
    660003605
    Lot size
    0.88 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    LOT 13 BLOCK 2 MARTINS RANCH ACRES
    Tax Annual Amount
    25

    We can help!

    Listing Contact
    Skip W Weast

    Listing agent Skip W Weast License #200606

    Listing office Tommy Dyer Real Estate 101 E Commercial St, Inola, OK

    Listing date Apr 13, 2026

    MLS# 2613013 Listing URL

    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

    Residential Land in Inola, OK

    This property features a large lot within a platted subdivision. A concrete driveway and partial fence are present on the premises. The previous house has been removed, preparing the site for new construction. Gas, water, and electric utilities are already connected to the property. The lot size is approximately 0.879 acres. The zoning is Urban Res. The property is located in Inola, Oklahoma, in Rogers County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    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
    Inola
    County
    Rogers
    State
    Oklahoma
    Longitude
    -95.523391
    Latitude
    36.150494

    Nearby Similar for Sale

    • $249,900
      1,344 SF

      Turn-Key Flower Shop with Highway Frontage

      Established flower shop with real estate, inventory, and equipment.
      421 E Commercial Street, Inola, OK 74036
      View Details
    • $1,950,000
      65,535 SF

      Inola Commercial Building on 5+ Acres

      Two buildings in Jim Summerlin Industrial Park with versatile potential.
      400 E Industrial Blvd S, Inola, OK 74036
      View Details
    • $189,500
      8,000 SF

      Updated Commercial Building in Downtown Inola

      Two-story, 8,000 SF commercial building in high-traffic downtown Inola.
      16 W Commercial Street, Inola, OK 74036
      View Details
    • $29,000

      Inola, OK Vacant Commercial Lot

      Vacant commercial lot in rapidly growing Inola, Oklahoma.
      A Street NE, Inola, OK 74036
      View Details
    • $64,999

      Inola Land for Residential Development

      2.386 acre lot in Inola, OK, ready for development.
      27092 S Sugar Lane, Inola, OK 74036
      View Details
    • $90,000

      Unrestricted Land in Inola, OK

      4.1 acres ready for your dream home or investment.
      S 4200 Road, Inola, OK 74036
      View Details
    • $89,500

      Inola Land Ready For Development

      3-acre tract in Inola, OK, with planned light industrial zoning.
      280 blvd, Inola, OK 74036
      View Details
    • $385,000
      7,690 SF

      Machine Shop Facility on 10 Acres

      Commercial potential with multiple shop buildings on a 10-acre lot.
      30205 S 4230 Rd, Inola, OK 74036
      View Details
    • $1,115,000
      10,000 SF

      Inola Retail Investment Opportunity

      Corporate lease with approximately 8.5 years remaining.
      350 N Broadway Ave, Inola, OK
      View Details
    • $415,000

      20 Acres with Development Potential

      Vacant land with pond, hilltop views, and development potential.
      19430 E 620 Road, Inola, OK 74036
      View Details
    • $5,750,000

      Premier Equestrian Facility and Income

      28+ acre equestrian facility with rental units and RV hookups.
      36396 S 4220 Rd, Inola, OK
      View Details
    • Contact for pricing

      Summerlin Industrial Park Land Available

      Multiple industrial lots available in Summerlin Industrial Park.
      31480 OK-88, Inola, OK
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Large lot ready for new home construction with utilities available.
    Where is this residential land & home lot located?
    The property is located at 31 Riding Street Inola, OK.
    What is the asking price?
    The asking price for this property is $47,500.
    What are key features of this property?
    This property features: Large lot size in a platted subdivision; Utilities (gas, water, and electric) already connected on the property; **Concrete driveway already in place**
    (918) 671-1770
    We can help!
    Listing Contact
    Skip W Weast
    Real Estate License ID: 200606
    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!