Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    83621 Highway 59 S Stilwell, OK 74960

    Sponsored
    For Sale
    $475,000

    Other - Stilwell, OK

    Property size:
    5,104 SF
    Lot size:
    0.46 Acres
    Days on Market:
    5
    Last Refresh:
    Feb 2 at 11:06 pm

    Property Features for 83621 Highway 59 S

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    0010-02-015-025-0-030-00
    Size
    5,104 SF
    Lot size
    0.46 Acres

    Building Details

    Year built
    2003
    Architectural style
    Other

    We can help!

    Listing Contact
    Matthew Ford

    Keller Williams Market Pro Realty - OK (479) 718-2800

    Listing agent Matthew Ford (479) 718-2800

    Listing date Jan 29, 2026

    MLS# 1334317 Listing URL

    Copyright © 2026 Northwest Arkansas 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

    Highway 59 Commercial Investment Opportunity

    This four-unit commercial building presents an investment opportunity with income potential. Situated on Highway 59, the property occupies 0.46 acres. Currently, three of the four units are leased, generating $4,400 monthly rental income. One unit is vacant, offering space for a new business or tenant. The property has highway exposure, dependable cash flow, and additional land. The building has 5,104 square feet of space. The current cap rate is 8.77% with one spot still open. Additional land is available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Department Store Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Stilwell
    County
    Adair
    State
    Oklahoma
    Longitude
    -94.628412
    Latitude
    35.805268

    Nearby Similar for Sale

    • $785,000
      6,823 SF

      Versatile Property with Highway Frontage

      Spacious property on 3.86 acres with endless potential.
      1400 W Locust St, Stilwell, OK 74960
      View Details
    • $785,000
      6,823 SF

      Spacious Home with Highway Frontage

      Versatile property on 3.86 acres with highway frontage.
      1400 W Locust St, Stilwell, OK 74960
      View Details
    • New
      $475,000
      5,104 SF

      Highway 59 Commercial Investment Opportunity

      Four-unit commercial building on Highway 59 with income potential.
      83621 Highway 59 S, Stilwell, OK 74960
      View Details
    • New
      $475,000
      0.46 Acres

      Highway 59 Mixed-Use Investment

      Four-unit commercial building with highway frontage and income potential.
      83621 Highway 59 S, Stilwell, OK 74960
      View Details
    • $129,000
      Pending

      Stilwell Office Building on Corner

      Office building on corner lot with great visibility in Stilwell.
      400 W Division St, Stilwell, OK 74960
      View Details
    • $320,000
      40.00 Acres

      40 Acres Farm Ready Land

      Investment-ready acreage ideal for farming, ranching, or homesite.
      4725 S 4725 Rd, Stilwell, OK 74960
      View Details
    • $1,331,000
      207.00 Acres

      207 Acres Prime Farmland

      Prime farmland with ponds, barns, and utilities in Stilwell, OK.
      79001 Highway 59, Stilwell, OK 74960
      View Details
    • $110,000
      0.25 Acres

      Stilwell Commercial Building on 2nd

      Commercial building on 2nd Street, perfect for office or retail.
      320 S 2Nd St, Stilwell, OK 74960
      View Details
    • $110,000
      1,614 SF

      Stilwell Retail/Office Opportunity

      1614 SF commercial building suitable for retail or office.
      320 S 2Nd St, Stilwell, OK 74960
      View Details
    • $110,000
      1,614 SF

      Commercial Building on 2nd Street

      1614 sq ft commercial building in a thriving location.
      320 S 2Nd St, Stilwell, OK 74960
      View Details
    • $160,000
      2,572 SF

      Stilwell Commercial Building on 2nd

      2572 sq ft commercial building suitable for office or retail.
      326 S 2Nd St, Stilwell, OK 74960
      View Details
    • $160,000
      0.25 Acres

      Commercial Building in Stilwell, OK

      2,572 sq ft commercial building suitable for office or retail.
      326 S 2Nd St, Stilwell, OK 74960
      View Details

    FAQs

    What type of property is this?
    Shopping center - Four-unit commercial building on Highway 59 with income potential.
    Where is this shopping center located?
    The property is located at 83621 Highway 59 S Stilwell, OK.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: - Highway 59 Frontage: Highly visible location on a major highway.; - Strong Income Potential: Currently generating $4,400/month from 3 leased units.; - High Cap Rate: Current cap rate of 8.77% with potential for increase.
    (479) 718-2800
    Request Owner's contact information
    83621 Highway 59 S Stilwell, OK 74960
    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.
    83621 Highway 59 S
    Stilwell, OK 74960
    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
    83621 Highway 59 S Stilwell, OK 74960
    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
    Matthew Ford
    (479) 718-2800
    Learn more
    Google sign-in failed. Please try again or use another login method.