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

    Oak Brook Drive lot 5 Idabel, OK 74745

    View on Map
    For Sale
    $200,000

    LAND - Idabel, OK

    Lot size:
    1.00 Acre
    Added:
    Mar 3, 2026
    Days on Market:
    30
    Last Refresh:
    Apr 2 at 1:06 am

    Property Features for Oak Brook Drive lot 5

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Agriculture
    Standard status
    Active
    APN
    NONEOakBrookDriveLot574745
    Lot size
    1.00 Acre

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    Jeff Scott
    Jeff Scott

    Listing agent Jeff Scott License #110117

    Listing office Century 21 First Choice Realty 204 W Main ST, Moore, OK

    Listing date Mar 3, 2026

    MLS# 1217072 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.

    Overview

    Idabel Land Ready For Development

    This one-acre lot is located along a major thoroughfare in Idabel, Oklahoma, next to Wal-Mart, in a growing commercial area. The property has been leveled, cleared, and mulched. It has frontage on E Washington. There are a total of 4 lots available along Washington, and the land can be surveyed for different sizing. The property is located near shopping, banking, entertainment, and all types of businesses. The Choctaw Casino is located 0.4 of a mile to the west. This parcel is suitable for mixed-use development, with commercial business on the front and residential in the back. All city services are available. Idabel is located less than 15 minutes from Broken Bow and 25 minutes from Hochatown. The property is zoned for agriculture, but is intended for commercial or residential use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Idabel
    County
    McCurtain
    State
    Oklahoma
    Longitude
    -94.777
    Latitude
    33.8528

    Nearby Similar for Sale

    • $450,000

      Idabel Land Near Wal-Mart

      1+ acre commercial lot in a growing commercial area.
      E Washington Street lot: 1, Idabel, OK 74745
      View Details
    • $300,000

      Idabel Land Ready to Build

      1+ acre lot in growing commercial area near Choctaw Casino.
      E Washington Street lot: 2, Idabel, OK 74745
      View Details
    • $450,000

      Idabel Land Ready to Build

      16+ acre lot in a growing commercial area.
      E Washington Street lot: A, Idabel, OK 74745
      View Details
    • $1,750,000
      5,967 SF

      Idabel Hospitality and Entertainment Property

      Turn-key hospitality venue with lodging, dining, and entertainment.
      500 SE Lincoln Road, Idabel, OK 74745
      View Details
    • $150,000

      Idabel, OK Commercial Land

      1+ acre lot ready to build your business!
      E Washington Street lot: 4, Idabel, OK 74745
      View Details
    • $150,000

      Idabel Land Ready to Build

      1+ acre lot in growing commercial area near Wal-Mart.
      E Washington Street lot: 3, Idabel, OK 74745
      View Details
    • $360,000
      2,240 SF

      Idabel Commercial Building on 1.67 Acres

      2,240 SF building on 1.67 acres in high-traffic location.
      1100 NE Lincoln, Idabel, OK 74745
      View Details
    • $400,000
      3,000 SF

      Idabel Commercial Property on Highway

      1.4-acre commercial property with office, outbuildings, truck wash.
      804 N.E. Lincoln Road, Idabel, OK 74745
      View Details
    • $140,000
      1,540 SF

      Idabel Commercial Building For Sale

      Turnkey commercial space in downtown Idabel, Oklahoma.
      1 NW Martin Luther King Ave, Idabel, OK 74745
      View Details
    • $235,000

      Idabel Land For Sale

      1.36 acres in high-traffic location near Walmart.
      205 Industrial Avenue, Idabel, OK 74745
      View Details
    • $215,000

      Idabel, OK Land For Sale

      One acre lot with frontage on E Washington Street.
      206 Industrial Avenue, Idabel, OK 74745
      View Details
    • $1,425,000

      Remodeled Warehouse in High-Traffic Location

      33,464 SF warehouse on 7 acres near Beaver's Bend.
      605 NE Lincoln Road, Idabel, OK 74745
      View Details

    FAQs

    What type of property is this?
    Commercial land - One acre lot in a growing commercial area.
    Where is this commercial land located?
    The property is located at Oak Brook Drive lot 5 Idabel, OK.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: Prime location next to Wal‑Mart in a growing commercial area with frontage on E Washington.; Ready to build: **Leveled, cleared, and mulched 1‑acre lot.**; High‑traffic location along a major thoroughfare in Idabel.
    (405) 623-8976
    We can help!
    Listing Contact
    Jeff Scott
    Jeff Scott
    Real Estate License ID: 110117
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!