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

    603 S Kerr BLVD Sallisaw, OK 74955

    View on Map
    Claim this Listing
    For Sale
    $600,000

    COMMERCIAL - Sallisaw, OK

    Property size:
    4,410 SF
    Lot size:
    0.67 Acres
    Price / SF:
    $136/SF
    Added:
    Jan 6, 2026
    Days on Market:
    115
    Last Refresh:
    May 1 at 12:06 am

    Property Features for 603 S Kerr BLVD

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    0000-06-011-024-0-002-00
    Size
    4,410 SF
    Lot size
    0.67 Acres

    Taxes and HOA fees

    Tax Description
    0000-06-011-024-0-002-00 - PT OF S2 NE SW BEG AT PT ON N LINE WHERE IT INT W LINE HY59 S ALONG W LINE OF ROW 297-1/2YD FOR BEG S ALONG W ROW LINE 157.5 W210 N PAR HY 123.7 E207 TO BEG.
    Tax Annual Amount
    1039

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Electric

    Building Details

    Year built
    1950
    Flooring type
    Carpet
    Roof type
    Shingle

    We can help!

    Listing Contact
    Team Graham

    Listing agent Team Graham

    Listing office All Pro River Valley Realty - Branch Office 770 E Cherokee Ave, Sallisaw, OK

    Listing date Jan 6, 2026

    MLS# 1086272

    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.

    Overview

    Sallisaw Commercial Investment Opportunity

    This commercial property, situated in a rapidly growing area of Sallisaw, Oklahoma, presents an investment opportunity. The property encompasses 4,410 square feet and is located on a 0.67-acre lot. This property offers potential for expansion of a business portfolio or securing a spot in a developing location. The property is located at 603 S Kerr BLVD, Sallisaw, OK 74955, in Sequoyah County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Specialty properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Sallisaw
    County
    Sequoyah
    State
    Oklahoma
    Longitude
    -94.806916
    Latitude
    35.453534

    Nearby Similar for Sale

    • $190,000
      3,932 SF

      Versatile Building on One Acre

      Adaptable building suitable for church, event space, or residential conversion.
      3049 N JT Stites BLVD, Sallisaw, OK 74955
      View Details
    • $1,100,000
      10,472 SF

      Multi-Stream Income Commercial Investment

      Diversified commercial property with multiple revenue streams and upside potential.
      104255 N 59 HWY, Sallisaw, OK 74955
      View Details
    • $760,500

      Sallisaw, OK Land For Sale

      150 acres of land suitable for livestock operation.
      TBD S 4630 RD, Sallisaw, OK 74955
      View Details
    • $650,000

      Highway Frontage Commercial Land

      8.19 acre commercial land with highway frontage.
      TBD Cherokee AVE lot: 0, Sallisaw, OK 74955
      View Details
    • $1,850,000
      3,666 SF

      Operational Chicken Farm on 40 Acres

      State-of-the-art chicken farm with automated breeder houses.
      1319 N JT Stites BLVD, Sallisaw, OK 74955
      View Details
    • $4,300,000
      5,600 SF

      Established Storm Shelter Manufacturing Business

      Turnkey storm shelter manufacturing business with equipment, inventory, and customer base.
      461510 E 1130 RD, Sallisaw, OK 74955
      View Details
    • $760,500

      Sallisaw Land with Pasture Potential

      150 acres of prime pasture land near Sallisaw, Oklahoma.
      Rural Route, Sallisaw, OK 74955
      View Details
    • $1,100,000
      16,000 SF

      Chicken Egg-Laying Houses on 40 Acres

      Two chicken houses, pastures, and a brick home on 40 acres.
      110080 S 4630 Road, Sallisaw, OK 74955
      View Details
    • $135,000
      2,400 SF

      Furnished Commercial Building Near Grocery

      Diverse, updated commercial building suitable for salon or other ventures.
      600 E Choctaw Avenue, Sallisaw, OK 74955
      View Details

    FAQs

    What type of property is this?
    Specialty property - Versatile property in Sallisaw's rapidly growing area.
    Where is this specialty property located?
    The property is located at 603 S Kerr BLVD Sallisaw, OK.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: Investment opportunity in a rapidly growing area of Sallisaw.; Versatile property suitable for business expansion or investment.; Prime location in a hot developing area.
    (918) 235-8030
    We can help!
    Listing Contact
    Team Graham
    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!