Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3960 Durham Rd Dewey, OK 74006

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Ranch, Vacant Land - Dewey, OK

    Lot size:
    109.00 Acres
    Added:
    Mar 13, 2026
    Days on Market:
    34
    Last Refresh:
    Apr 15 at 1:06 am

    Property Features for 3960 Durham Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    300
    Parking features
    Garage
    Standard status
    Active
    APN
    0006897
    Lot size
    109.00 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    3672

    Building Details

    Building materials
    Brick
    Roof type
    Asphalt
    Architectural style
    Ranch

    We can help!

    Listing Contact
    Ronn Cunningham

    Listing agent Ronn Cunningham

    Listing office CJ Auctions, LLC 5550 S Lewis Ave, Tulsa, OK

    Listing date Mar 13, 2026

    MLS# 11691751 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.

    Overview

    109 Acres Vacant Land Auction

    This property consists of 109 acres divided into four parcels ranging from 17 to 40 acres. The land is being offered individually for development, investment, or homesites. The zoning is 300. The property is located in Dewey, OK.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Suggested Use

    Restaurant Real Estate Agency Auto Repair Shop Gym & Fitness Center Kitchen & Bath Showroom Storage Facility HVAC Service Furniture & Home Goods Grocery & Convenience Store Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Dewey
    County
    Washington
    State
    Oklahoma
    Longitude
    -95.952965
    Latitude
    36.786213

    Nearby Similar for Sale

    • $180,000
      3,000 SF

      Highway 75 Frontage Commercial Building

      Versatile 3,000+/- SF building with excellent visibility and access.
      202 N Osage, Dewey, OK 74029
      View Details
    • $185,000
      2,500 SF

      New Warehouse on 1.25 Acres

      2,500 sqft insulated warehouse on 1.25 acres near Hwy 75.
      13847 N 3977 Drive, Dewey, OK 74029
      View Details
    • $100,000
      5,846 SF

      Dewey, OK Commercial Property

      Commercial building with retail, shop space, and upstairs apartment.
      423 E 9th Street, Dewey, OK 74029
      View Details
    • $1,200,000
      17,000 SF

      Turnkey Grow Facility on 5.86 Acres

      5.86-acre property with 17,000 sq ft of grow facilities.
      401091 W 1200 Road, Dewey, OK 74029
      View Details
    • $254,150
      4,216 SF

      Dewey, OK Quadplex Investment

      Two-story quadplex with updates on a 2-acre lot.
      940 N Ross Avenue, Dewey, OK 74029
      View Details
    • $63,000

      Residential Lots in Dewey, Oklahoma

      Three lots for building a dream home in Dewey, OK.
      401 N Boudinot Avenue, Dewey, OK 74029
      View Details
    • $115,000
      1,595 SF

      Retail Space in Downtown Dewey

      Retail property with an adaptable floor plan in Dewey, Oklahoma.
      520 E Don Tyler Avenue, Dewey, OK 74029
      View Details
    • $100,000
      5,846 SF

      Commercial Building on Corner Lot

      5,846 sqft commercial building on a prime corner lot.
      423 E 9th Street, Dewey, OK 74029
      View Details
    • $75,000
      665 SF

      Office Building in Dewey, OK

      Office building with flexible layout and street parking.
      2392 N Osage Avenue, Dewey, OK 74029
      View Details
    • $25,000

      Residential Land in Dewey, OK

      Land for sale in a quiet, newly developed neighborhood.
      406 W 7th Street, Dewey, OK 74029
      View Details
    • $25,000

      Residential Land in Dewey, Oklahoma

      Land for sale in a quiet, newly developed neighborhood.
      408 W 7th Street, Dewey, OK 74029
      View Details
    • $25,000

      Residential Land in Dewey, OK

      Land for sale in a quiet, new neighborhood.
      703 Sooner Place, Dewey, OK 74029
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 109 acres in four parcels for development, investment, or homesites.
    Where is this agricultural land / farmland located?
    The property is located at 3960 Durham Rd Dewey, 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: 109± acres offered in four parcels (17‑40 acres each).; Offered individually for development, investment, or homesites.; Real estate auction.
    (918) 580-8118
    We can help!
    Listing Contact
    Ronn Cunningham
    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!