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

    440 N 440 Rd Adair, OK 74330

    Sponsored
    For Sale
    Pending
    Contact for pricing

    LAND - Adair, OK

    Lot size:
    1.26 Acres
    Days on Market:
    5
    Last Refresh:
    Mar 4 at 10:06 am

    Property Features for 440 N 440 Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    Res-Nec
    Rooms
    Basement
    APN
    0000-10-22N-20E-2-027-00
    Lot size
    1.26 Acres

    Utilities

    Water front features
    Lake Front, Lake
    Water front
    1

    We can help!

    Listing Contact
    Heartland Home & Land

    Keller Williams Realty Grand Lake (918) 335-5806

    Listing agent Heartland Home & Land

    Listing date Feb 28, 2026

    MLS# 26-312 Listing URL

    Copyright © 2026 Northeast Oklahoma 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

    Waterfront Recreational Lot for Sale

    This 1.26-acre waterfront recreational lot offers peaceful lake views and available utilities. It is suitable for personal getaways, RV weekends, and fishing trips. The property has potential for a GRDA-approved RV camping or income-producing setup, subject to buyer verification of approvals. It features a waterfront setting with PSO electric and RWD #6 available. The property is located off N. 440 Rd and is situated in a GRDA flowage easement, which restricts permanent structures. This property is located in Adair, OK.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Recreation land

    Map

    City
    Adair
    County
    Mayes
    State
    Oklahoma
    Longitude
    -95.166459
    Latitude
    36.404467

    Nearby Similar for Sale

    • $175,000
      1,200 SF

      Adair, OK Diner Opportunity

      Diner opportunity in high-traffic area of Adair, Oklahoma.
      305 W Main St, Adair, OK 74330
      View Details
    • $480,000

      70.54 Acre Horse/Cattle Ranch

      70.54 acre horse/cattle ranch in Adair, OK.
      Adair, OK 74330
      View Details
    • $405,000
      9,591 SF

      Adair Commercial Property on Highway

      Versatile commercial building near industrial park and major transportation routes.
      103 NE 2Nd St, Adair, OK 74330
      View Details

    FAQs

    What type of property is this?
    Recreation land - 1.26 acre waterfront recreational lot with utilities available.
    Where is this recreation land located?
    The property is located at 440 N 440 Rd Adair, OK.
    What is the asking price?
    The asking price for this property is $20,000.
    What are key features of this property?
    This property features: - 1.26 acre Waterfront lot with lake views; - Utilities available (PSO electric & RWD #6); - Potential for GRDA-approved RV camping or income-producing setup (buyer to verify approvals)
    (918) 787-7653
    Request Owner's contact information
    440 N 440 Rd Adair, OK 74330
    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.
    440 N 440 Rd
    Adair, OK 74330
    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
    440 N 440 Rd Adair, OK 74330
    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
    Heartland Home & Land
    (918) 787-7653 (918) 335-5806
    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!