Sign Up Successful!
You now have access to more from Realmo!
    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

    S 576 Rd, Unit 8 Jay, OK 74346

    Sponsored
    For Sale
    Contact for pricing

    LAND - Jay, OK

    Lot size:
    0.35 Acres
    Days on Market:
    84
    Last Refresh:
    Feb 22 at 7:06 pm

    Property Features for S 576 Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    210018857
    Lot size
    0.35 Acres

    We can help!

    Listing Contact
    Venture Group Real Estate

    Stutesman's Action Realty (417) 667-8400

    Listing agent Venture Group Real Estate (417) 621-1883

    Listing date Dec 1, 2025

    MLS# 256644

    Copyright © 2026 Ozark Gateway Association of Realtors. 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

    Land in Peaceful Countryside

    Located in a peaceful stretch of countryside, this land offers a tranquil environment. The landscape is bathed in soft light, fostering a sense of unhurried living close to nature. Wildlife is present in the area, and each season brings its own distinct beauty. The Neosho River provides opportunities for relaxation, fishing, and paddling. A short drive leads to the lake community of Grove, which offers local eateries, small shops, and marinas. The area features hidden coves, scenic overlooks, and quiet backroads. Envisioned as a peaceful retreat or a seasonal getaway near fishing spots, this setting supports a lifestyle rooted in simplicity, nature, and slow-paced living. The land is suitable for weekend projects or a quiet place to return to after time spent on the water. The lot size is approximately 0.35 acres.
    Location Intelligence

    Current Use by Public Records

    Recreation land

    Map

    City
    Jay
    County
    Delaware
    State
    Oklahoma
    Longitude
    -94.848981
    Latitude
    36.534842

    Nearby Similar for Sale

    • $599,000
      113.67 Acres

      113-Acre Cattle Ranching Property

      Cattle grading property equipped for ranching and livestock operations.
      64492 E 350 Rd, Jay, OK 74346
      View Details
    • New
      $1,700,000
      307.00 Acres

      Grand Lake Shoreline Property

      307 acre property with Grand Lake shoreline and ponds.
      55600 E 319 Trl, Jay, OK 74346
      View Details
    • $482,000
      6,000 SF

      Established Auto Service Garage on Acreage

      Well-established tire shop on 16.77 acres with highway frontage.
      22920 State Highway 20, Jay, OK 74346
      View Details
    • $1,091,000
      185.00 Acres

      185 Acres Farm Ready Land

      185+/- acre farm with livestock, fencing, water features.
      1 Us Highway 59, Jay, OK 74346
      View Details
    • $60,000
      2,370 SF

      Commercial Building in Jay, OK

      Commercial property with redevelopment potential in Jay, Oklahoma.
      2222 S Main St, Jay, OK 74346
      View Details
    • $450,000
      3,425 SF

      Tenant-Occupied Multi-Unit Investment Property

      Four tenant-occupied units on a corner lot in Jay, OK.
      402 4Th St, Jay, OK 74346
      View Details
    • $482,000
      6,000 SF

      Established Tire Shop on Highway

      Well-established tire shop on 16.77 acres with highway frontage.
      22920 State Highway 20, Jay, OK 74346
      View Details
    • Contact for pricing
      8,750 SF

      Jay, OK Warehouse & Land Auction

      Spacious Warehouse, 13 Acres, Hwy 20 Frontage
      19977 State Highway 20, Jay, OK 74346
      View Details

    FAQs

    What type of property is this?
    Land - Land for a lifestyle rooted in simplicity and nature.
    Where is this land located?
    The property is located at S 576 Rd, Unit 8 Jay, OK.
    What is the asking price?
    The asking price for this property is $20,000.
    What are key features of this property?
    This property features: - Peaceful, nature-filled setting ideal for a retreat or getaway.; - Enjoy proximity to the Neosho River for fishing, paddling, and relaxation.; - Convenient access to the lake community of Grove with local amenities.
    (417) 621-1883
    Request Owner's contact information
    S 576 Rd, Unit 8 Jay, OK 74346
    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.
    S 576 Rd, Unit 8
    Jay, OK 74346
    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
    S 576 Rd, Unit 8 Jay, OK 74346
    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
    Venture Group Real Estate
    (417) 621-1883
    Learn more
    Google sign-in failed. Please try again or use another login method.