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    Fox Hill Rd Bokoshe, OK 74930

    View on Map
    Sponsored
    For Sale
    $520,000

    LAND - Bokoshe, OK

    Lot size:
    130.00 Acres
    Days on Market:
    362
    Last Refresh:
    Mar 10 at 1:06 am

    Property Features for Fox Hill Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Agri
    Lot size
    130.00 Acres

    We can help!

    Listing Contact
    Trina R. Ward

    REMAX Champion Land Brokers (918) 658-8067

    Listing agent Trina R. Ward (918) 658-8010

    Listing date Mar 14, 2025

    MLS# 2510873 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.

    Learn more

    Overview

    Bokoshe Land with Creek

    This 130-acre property is located in LeFlore County, Southeast Oklahoma, approximately 7 miles south of Bokoshe. It is less than 4 hours from Dallas, 3 hours from Oklahoma City, and 2 hours from Tulsa, situated in an area known for premier cattle ranches. The land features a blend of pasture and woodland, offering a mix suitable for grazing and wildlife habitat. Owl Creek runs through the property, closer to the south side. The terrain ranges from nearly level to moderately sloping. Approximately 65% of the land is open for pasture, with a mixture of bermuda, clovers, and native grasses. Timber is strategically placed to provide shade and enhance wildlife habitat. Access is provided by a county road. The property includes good perimeter fencing and one pond. Owl Creek also runs through the property. The area is known for excellent hunting, with dedicated cover to support wildlife, including whitetail deer, turkey, hog, and small game. Electric utilities are available. This property is suitable for a cattle operation and recreational use, offering multi-use options such as homesteading, cattle farming, hunting, and fishing. The soils and terrain are conducive to pasture and hay production. This old family farm is ready for a new owner.
    Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Bokoshe
    County
    Le Flore
    State
    Oklahoma
    Longitude
    -94.846707
    Latitude
    35.130662

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    FAQs

    What type of property is this?
    Ranch - 130 acres in Southeast Oklahoma, ideal for cattle and recreation.
    Where is this ranch located?
    The property is located at Fox Hill Rd Bokoshe, OK.
    What is the asking price?
    The asking price for this property is $520,000.
    What are key features of this property?
    This property features: - 130 acres m/l blend of pasture and woodland ideal for grazing and wildlife.; - Excellent hunting area with dedicated cover for whitetail deer, turkey, hog, and small game.; - Located in Southeast OK, less than 4 hrs from Dallas, 3 hrs from OKC, and 2 hrs from Tulsa.
    (918) 658-8010
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    Fox Hill Rd Bokoshe, OK 74930
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    Bokoshe, OK 74930
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    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
    Fox Hill Rd Bokoshe, OK 74930
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    We can help!
    Listing Contact
    Trina R. Ward
    Real Estate License ID: 158071
    (918) 658-8010 (918) 552-9100 (918) 649-0201
    Learn more
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