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

    lot 59 & 60 S Westminster Rd Guthrie, OK 73044

    Sponsored
    For Sale
    $79,500

    LAND - Guthrie, OK

    Lot size:
    1.01 Acres
    Days on Market:
    6
    Last Refresh:
    Feb 22 at 5:06 pm

    Property Features for lot 59 & 60 S Westminster Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    SWestminsterLot59&6073044
    Lot size
    1.01 Acres

    We can help!

    Listing Contact
    Cody Replogle

    CR Realty (405) 699-2241

    Listing agent Cody Replogle (405) 699-2241

    Listing date Feb 17, 2026

    MLS# 1214819 Listing URL

    Copyright © 2026 MLSOK, 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

    Land Near Guthrie, Oklahoma

    This one-acre land parcel is located outside the city limits, approximately five miles from I-35 and near Guthrie, Oklahoma. Owner financing is available with 10% down, no credit checks, no income verification, no origination fees, and no prepayment penalties for early payoff. There is an option to combine lots for a discounted price. The broker is the owner.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Auto Repair Shop HVAC Service Pet Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Guthrie
    County
    Logan
    State
    Oklahoma
    Longitude
    -97.329115
    Latitude
    35.762616

    Nearby Similar for Sale

    • Contact for pricing
      6,171 SF

      Versatile Commercial Property Near I-35

      7,800 sq ft commercial property in Guthrie, OK, near I-35.
      2024 Ruhl Dr, Guthrie, OK 73044
      View Details
    • $349,900
      6,942 SF

      Guthrie Mixed-Use Investment Opportunity

      Historic district property with retail and office/residential potential.
      106 W Oklahoma Ave, Guthrie, OK 73044
      View Details
    • $1,100,000
      62.00 Acres

      62 Acres Agricultural Land, Guthrie

      Prime agricultural land with horse barn and pond near Guthrie.
      E Camp Dr, Guthrie, OK 73044
      View Details
    • $650,000
      6,500 SF

      Historic Guthrie 5-Plex Investment Opportunity

      Well-maintained 5-plex in Guthrie's historic district with stable income.
      116 S 2Nd St, Guthrie, OK 73044
      View Details
    • $2,800,000
      34,582 SF

      Guthrie Plaza Retail Investment

      Fully occupied retail center with long-term tenants and high visibility.
      1519-1601 S Division St, Guthrie, OK 73044
      View Details
    • $3,000,000
      31,808 SF

      Guthrie Plaza Retail Investment Opportunity

      Retail property with long-term tenants and high traffic location.
      1519 S Division St, Guthrie, OK 73044
      View Details
    • $800,000

      Guthrie 4-Plex Investment

      Historic Guthrie multi-family & retail opportunity.
      116 2Nd St, Guthrie, OK 73044
      View Details
    • $3,500,000
      53,500 SF

      Guthrie Industrial Investment

      53,500 SF Income-Producing Property
      850 4Th St, Guthrie, OK 73044
      View Details
    • $55,000
      2,260 SF

      Guthrie Metal Workshop - Great Deal!

      Spacious Workshop, Two Buildings, Prime Location.
      000 Aly Between Broad & Ash Off Jefferson St, Guthrie, OK 73044
      View Details
    • $3,500,000
      53,500 SF

      Guthrie Business Opportunity: Prime Location

      Large Business Space, Excellent Investment
      4 850 St, Guthrie, OK 73044
      View Details
    • $2,800,000
      34,582 SF

      Guthrie Plaza Shopping Center

      Oklahoma Retail Investment Opportunity
      1515 Division St, Guthrie, OK 73044
      View Details
    • Contact for pricing
      1.00 Acre

      Guthrie Industrial Warehouse Opportunity

      New 6000 sq ft warehouse, highway access.
      5300 Highway 33, Guthrie, OK 73044
      View Details

    FAQs

    What type of property is this?
    Commercial land - One-acre land parcel near Guthrie, OK, outside city limits.
    Where is this commercial land located?
    The property is located at lot 59 & 60 S Westminster Rd Guthrie, OK.
    What is the asking price?
    The asking price for this property is $79,500.
    What are key features of this property?
    This property features: - Owner financing available: 10% down, no credit checks, no income verification; - Outside city limits; - Convenient location: only five miles from I-35
    (405) 699-2241
    Request Owner's contact information
    lot 59 & 60 S Westminster Rd Guthrie, OK 73044
    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.
    lot 59 & 60 S Westminster Rd
    Guthrie, OK 73044
    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
    lot 59 & 60 S Westminster Rd Guthrie, OK 73044
    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
    Cody Replogle
    Real Estate License ID: 149555
    (405) 699-2241
    Learn more
    Google sign-in failed. Please try again or use another login method.