Add Listing
    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

    Highway 20 Pryor, OK 74361

    View on Map
    Sponsored
    For Sale
    $490,000

    COMMERCIAL - Pryor, OK

    Lot size:
    1.72 Acres
    Days on Market:
    322
    Last Refresh:
    Mar 10 at 4:06 pm

    Property Features for Highway 20

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    1460-00-031-001-0-001-00
    Lot size
    1.72 Acres

    Utilities

    Utilities
    Cable Available

    We can help!

    Listing Contact
    Darren DeLozier

    Keller Williams Realty Claremore (918) 283-2252

    Listing agent Darren DeLozier (918) 530-5167

    Listing date Apr 23, 2025

    MLS# 2517074

    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

    Property Insight Report

    Overview

    Commercial Corner Lot on Highway

    This commercial corner lot, situated on E Hwy 20 in Pryor, OK, offers potential for various business ventures. The property, located in Mayes County, encompasses 1.72 acres and is zoned for commercial use. It is suggested as a suitable location for a strip center or convenience store.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Pryor
    County
    Mayes
    State
    Oklahoma
    Longitude
    -95.339489
    Latitude
    36.307317

    Nearby Similar for Sale

    • $450,000
      6,000 SF

      Pryor Warehouse For Sale

      6,000 SF warehouse available in Pryor, Oklahoma.
      4441 Mill St S, Pryor, OK 74361
      View Details
    • $1,490,000
      4,000 SF

      Pryor, OK Ranch with Shop

      80-acre ranch featuring a home, shop, and office/living quarters.
      4748 N 4318, Pryor, OK 74361
      View Details
    • Contact for pricing
      8,120 SF

      Retail Strip Near Walmart

      Four-tenant retail strip shadow-anchored by Walmart in Pryor, Oklahoma.
      5315 Mill St S, Pryor, OK 74361
      View Details
    • Contact for pricing
      4,037 SF

      Pryor Industrial Flex Space

      4,037 SF industrial flex space in Pryor, Oklahoma.
      307 NW 5Th St, Pryor, OK 74361
      View Details
    • $1,000,000
      19,202 SF

      Versatile Commercial Building Near Hospital

      19,000+ sq ft commercial building on 1.53 acres.
      1220 NE 1St St, Pryor, OK 74361
      View Details
    • $145,000
      4,056 SF

      Historic Pryor Commercial Property

      Unique commercial property with versatile potential in Pryor, Oklahoma.
      10 S Vann St, Pryor, OK 74361
      View Details
    • $349,900
      7,380 SF

      Spacious Commercial Building in Pryor, OK

      7,380 sqft commercial building ideal for manufacturing or repurposing.
      415 N Maple St, Pryor, OK 74361
      View Details
    • $489,000
      5,882 SF

      Pryor Commercial Building For Sale

      High-traffic location, versatile space, great visibility
      104 Graham Ave, Pryor, OK 74361
      View Details
    • $2,900,000
      19,376 SF

      Pryor, OK Multifamily Investment

      16-Unit Duplex Portfolio, High ROI
      2900 520 Rd, Pryor, OK 74361
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial land for sale on E Hwy 20, Pryor, OK.
    Where is this commercial land located?
    The property is located at Highway 20 Pryor, OK.
    What is the asking price?
    The asking price for this property is $490,000.
    What are key features of this property?
    This property features: - Great commercial corner lot; - Located on E Hwy 20; - Suitable for a strip center
    (918) 530-5167
    Request Owner's contact information
    Highway 20 Pryor, OK 74361
    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.
    Highway 20
    Pryor, OK 74361
    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
    Highway 20 Pryor, OK 74361
    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
    Darren DeLozier
    Real Estate License ID: 184377
    (918) 530-5167 (918) 283-2252
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!