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

    Morris Creek Rd Heavener, OK 74937

    View on Map
    Sponsored
    For Sale
    $169,000

    LAND - Heavener, OK

    Lot size:
    20.00 Acres
    Days on Market:
    111
    Last Refresh:
    Mar 22 at 1:06 am

    Property Features for Morris Creek Rd

    General Information

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

    We can help!

    Listing Contact
    Trina R. Ward

    REMAX Champion Land Brokers

    Listing agent Trina R. Ward

    Listing date Dec 1, 2025

    MLS# 2524187

    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

    Picturesque Heavener Land Parcel

    Located along Morris Creek Road, this 20-acre parcel offers a blend of natural beauty and versatility, featuring a mix of timberland and flatland. It is equipped with electricity and water. Surrounded by greenery and nature, the site provides a serene escape. The combination of timberland and flatland enhances the aesthetic appeal and offers possibilities for outdoor activities, gardening, or small-scale farming. This acreage on Morris Creek Road is an opportunity to create a lifestyle that embraces nature and tranquility. The property is located in Heavener, OK, with a postal code of 74937, in LeFlore County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    Heavener
    County
    Le Flore
    State
    Oklahoma
    Longitude
    -94.591684
    Latitude
    34.898182

    Nearby Similar for Sale

    • New
      $650,000
      5,000 SF

      Heavener Commercial Property on SH59

      Commercial property on high-traffic SH59 in Heavener, Oklahoma.
      910 W 1St St, Heavener, OK 74937
      View Details
    • $650,000
      10,000 SF

      Heavener Commercial Property on SH59

      Commercial property on SH59 in Heavener, OK with high traffic.
      910 W 1St St, Heavener, OK 74937
      View Details
    • $650,000
      5,000 SF

      Heavener Commercial Property on SH59

      Commercial property on high-traffic SH59 in Heavener, Oklahoma.
      910 W 1St St, Heavener, OK 74937
      View Details
    • $695,000
      10,000 SF

      Heavener Commercial Property on SH59

      Commercial property on SH59 in Heavener, Oklahoma, ideal for business.
      910 W 1St St, Heavener, OK 74937
      View Details
    • $179,000
      704 SF

      Heavener, OK Commercial Opportunity

      Liquor store on corner lot with high visibility.
      100 1St St, Heavener, OK 74937
      View Details
    • $179,000
      704 SF

      Heavener, OK Retail Opportunity

      High-visibility corner lot retail store in Heavener, Oklahoma.
      100 W 1St St, Heavener, OK 74937
      View Details
    • $117,000
      26.00 Acres

      Heavener, OK Land with Outbuildings

      26+/- acres with outbuildings, pond, pasture, and views.
      22490-A Conser Rd, Heavener, OK 74937
      View Details
    • $151,875
      1,800 SF

      Heavener, OK Land Parcel

      33.75 acre parcel with multiple storage and production buildings.
      22490-B Conser Rd, Heavener, OK 74937
      View Details
    • $379,000
      86.25 Acres

      Heavener, OK Land with Outbuildings

      86.25+/- acres with multiple outbuildings, ponds, pasture, and views.
      22490 Conser Rd, Heavener, OK 74937
      View Details
    • $805,000
      3,422 SF

      Heavener, OK Farm and Estate

      93-acre farm with custom-built home near Heavener, Oklahoma.
      22512 Independence Rd, Heavener, OK 74937
      View Details
    • $865,000

      Commercial Property with Tire Service

      Turnkey commercial opportunity with equipment for tire service on 15+ acres.
      209 State Highway 128, Heavener, OK 74937
      View Details
    • $400,000
      15.19 Acres

      Heavener Office & Shop on 15 Acres

      Spacious shop, ample land, ideal for business.
      26296 Merle Branch Ln, Heavener, OK 74937
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 20-acre land parcel with timberland and flatland.
    Where is this agricultural land / farmland located?
    The property is located at Morris Creek Rd Heavener, OK.
    What is the asking price?
    The asking price for this property is $169,000.
    What are key features of this property?
    This property features: - 20-acre parcel offering a blend of timberland and flatland.; - Equipped with essential utilities: electricity and water.; - Ideal for building a home, vacation retreat, or investment.
    (918) 658-8010
    Request Owner's contact information
    Morris Creek Rd Heavener, OK 74937
    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.
    Morris Creek Rd
    Heavener, OK 74937
    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
    Morris Creek Rd Heavener, OK 74937
    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
    Trina R. Ward
    Real Estate License ID: 158071
    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!