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

    720 W Seneca Street Okmulgee, OK 74447

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    LAND - Okmulgee, OK

    Lot size:
    0.15 Acres
    Added:
    Dec 24, 2025
    Days on Market:
    127
    Last Refresh:
    Apr 30 at 1:06 pm

    Property Features for 720 W Seneca Street

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Urban Resi
    Standard status
    Active
    APN
    1194-00-012-012-0-001-00
    Lot size
    0.15 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    GRISSOM OKM LOT 12 BLK 12
    Tax Annual Amount
    16

    We can help!

    Listing Contact
    Shae Pearson
    Shae Pearson

    Listing agent Shae Pearson License #160867

    Listing office Solid Rock, REALTORS 1700 W Albany, #100, Claremore, OK

    Listing date Dec 24, 2025

    MLS# 2550973 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

    Okmulgee Corner Lot for Development

    This corner lot in Okmulgee, Oklahoma, is available for purchase. The property, zoned for urban residential use, offers an area of 0.149 acres. It is suitable for building a home or expanding an investment portfolio.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Okmulgee
    County
    Okmulgee
    State
    Oklahoma
    Longitude
    -95.977377
    Latitude
    35.629723

    Nearby Similar for Sale

    • $595,000
      6,000 SF

      Versatile Commercial Space in Okmulgee

      Adaptable commercial property suitable for various business ventures.
      4201 N Wood Drive, Okmulgee, OK 74447
      View Details
    • $1,600
      2,624 SF

      Versatile Commercial Office Building

      Flexible office space with income potential in Okmulgee, Oklahoma.
      115 S Muskogee Avenue, Okmulgee, OK 74447
      View Details
    • $185,900
      2,624 SF

      Versatile Commercial Building with Income Potential

      Flexible office space suitable for various business ventures.
      115 S Muskogee Avenue, Okmulgee, OK 74447
      View Details
    • $387,200
      5,000 SF

      Okmulgee Warehouse with Living Quarters

      5,000 SF warehouse with living quarters on high-traffic frontage.
      500 N Wood Drive, Okmulgee, OK 74447
      View Details
    • $320,000
      1,984 SF

      Okmulgee Commercial Medical Office Building

      Former dental office near Highway 75, suitable for medical practice.
      1015 E 6th Street, Okmulgee, OK 74447
      View Details
    • $149,500

      Cleared Commercial Lot in Okmulgee

      Development-ready commercial lot with excellent visibility and highway access.
      727 E 21st Street, Okmulgee, OK 74447
      View Details
    • $195,000
      2,280 SF

      Okmulgee Commercial Event Center

      Versatile commercial building suitable for event center or industrial use.
      903 S Sioux Street, Okmulgee, OK 74447
      View Details
    • $179,500

      Okmulgee Land with Barn & Shop

      2.18 acres with barn and shop near Okmulgee, OK.
      Prairie Bell Road, Okmulgee, OK 74447
      View Details
    • $174,900
      5,000 SF

      Functional Sheet Metal Shop

      Fully functional sheet metal shop in Okmulgee, Oklahoma.
      311 E 5th Street, Okmulgee, OK 74447
      View Details
    • $399,000
      4,388 SF

      Okmulgee Investment Property Portfolio

      Three properties, including a 12-unit apartment building, in Okmulgee.
      320 S Morton Avenue, Okmulgee, OK 74447
      View Details
    • $120,000

      Prime Commercial Lot on Highway

      Commercial lot on Hwy 75 with high visibility.
      820 S Wood Drive, Okmulgee, OK 74447
      View Details
    • $455,000
      1,416 SF

      Highway 75 Mixed-Use Investment Opportunity

      Six-parcel commercial corner with redevelopment potential in high-traffic area.
      419 N Wood Drive, Okmulgee, OK 74447
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Corner lot suitable for residential development or investment.
    Where is this residential land & home lot located?
    The property is located at 720 W Seneca Street Okmulgee, 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: Great corner lot; Ideal for building a dream home; Suitable for expanding investment portfolio
    (918) 637-3415
    We can help!
    Listing Contact
    Shae Pearson
    Shae Pearson
    Real Estate License ID: 160867
    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!