Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Oversized Corner Lot in Wagoner Title is generated by Realmo AI

    809 NE 5th Street, Wagoner, OK 74467

    View on Map
    Claim this Listing
    For Sale
    $30,000

    LAND - Wagoner, OK

    Lot size:
    0.32 Acres
    Added:
    Apr 24, 2026
    Days on Market:
    40
    Last Refresh:
    Jun 2 at 10:06 pm

    Property Features for 809 NE 5th Street

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    SFR
    Standard status
    Active
    APN
    730088913
    Lot size
    0.32 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    City of Wagoner All of L6 BLK 209
    Tax Annual Amount
    380

    We can help!

    Listing Contact
    Joanna Ford
    Joanna Ford

    Listing agent Joanna Ford License #147783

    Listing office Realty One Group Dreamers 1601 S Eucalyptus Ave STE 200, Broken Arrow, OK

    Listing date Apr 24, 2026

    MLS# 2614980 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.

    HighLights

    • Oversized corner lot
    • Build pad is ready for your dream home
    • Utilities are on site
    • Mature trees provide shade and beauty
    • Convenient location near schools and town
    • Chance to build without hassle

    Overview

    This property features an oversized corner lot where the initial groundwork has been completed. A build pad is already in place, and utilities are available on site. Mature trees are present, adding established character to the land. The lot is conveniently located near schools and the town center. This 0.321-acre lot, zoned SFR, offers the opportunity to build without the typical initial challenges. It is located in Wagoner, Oklahoma.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Wagoner
    County
    Wagoner
    State
    Oklahoma
    Longitude
    -95.366913
    Latitude
    35.964771

    Nearby Similar for Sale

    • $1,420,000
      11,600 SF

      Highway Retail/Commercial Property on 6 Acres

      11,600 SF metal building on 6 acres in Wagoner, OK.
      26091 State Hwy 51, Wagoner, OK 74467
      View Details
    • $239,000
      2,622 SF

      Wagoner Carwash Investment Opportunity

      Well-equipped carwash with highway frontage in a high-traffic location.
      700 W Cherokee Street, Wagoner, OK 74467
      View Details
    • $1,500,000

      Expansive Land Along Highway 69

      100+/- acre property ideal for mixed-use or livestock.
      N Hwy 69, Wagoner, OK 74467
      View Details
    • $300,000
      8,305 SF

      Wagoner Bowling Alley For Sale

      Turn-key bowling alley with bar and restaurant in Wagoner's downtown.
      123 N Main Street, Wagoner, OK 74467
      View Details
    • $11,000

      Residential Lot in Wagoner, OK

      Corner residential lot, utilities available, close to amenities.
      S Polk Avenue, Wagoner, OK 74467
      View Details
    • $119,900

      Secluded Land Near Ft. Gibson

      10 acres near Ft. Gibson Lake with hunting and building.
      36148 E 670 Drive, Wagoner, OK 74467
      View Details
    • $125,000

      Wagoner, OK Commercial Land

      1.4461 acre commercial land conveniently located off HWY 51.
      SW 2nd Street, Wagoner, OK 74467
      View Details
    • $1,200,000
      14,750 SF

      Wagoner Commercial Property For Sale

      Commercial property with multiple income streams and expansion potential.
      72548 S 322 Way, Wagoner, OK 74467
      View Details
    • $50,000

      Wooded Retreat Near Fort Gibson

      1.60-acre lot near Fort Gibson Lake and Wagoner.
      Martin Luther King Boulevard, Wagoner, OK 74467
      View Details
    • $200,000

      10 Acres Near Fort Gibson Lake

      10 acres near Fort Gibson Lake, ready for your vision.
      1 White Horn Cove Road, Wagoner, OK 74467
      View Details
    • $289,000
      5,400 SF

      Wagoner Light Industrial Property

      5400 SF light industrial property on 1.57 acres.
      401 SW 15th Street, Wagoner, OK 74467
      View Details
    • $115,000

      Wagoner County 17-Acre Land Tract

      17 acres in Wagoner County with endless possibilities!
      E 35th Street, Wagoner, OK 74467
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Ready-to-build corner lot with utilities and mature trees.
    Where is this residential land & home lot located?
    The property is located at 809 NE 5th Street Wagoner, OK.
    What is the asking price?
    The asking price for this property is $30,000.
    What are key features of this property?
    This property features: Oversized corner lot; Build pad is ready for your dream home; Utilities are on site
    (539) 367-1555
    We can help!
    Listing Contact
    Joanna Ford
    Joanna Ford
    Real Estate License ID: 147783
    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

    Thank You for Inquiry
    809 NE 5th Street, Wagoner, OK 74467
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!