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    15198 Highway 82 Tahlequah, OK 74464

    For Sale
    $598,000

    Income-producing property with residence

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional multi-use complex presents a lucrative investment opportunity in Tahlequah, Oklahoma. Situated on a 3.45-acre unplatted lot just outside city limits, this property boasts multiple buildings generating diverse income streams. The main structure comprises a substantial 8,250 square foot (more or less) recreational/office building featuring 17-foot ceilings in the gym area, a small concession kitchen, multiple restrooms, and a 1,200 square foot (more or less) attached classroom/office. A second building offers approximately 2,950 square feet (more or less) of space with four restrooms. A separate 1,989 square foot (more or less) building serves as a comfortable four-bedroom, one-and-a-half-bathroom home/office. Further enhancing the property's versatility is a 1,975 square foot (more or less) six-stall garage/workshop with concrete floors and electricity, and a 1,540 square foot (more or less) metal barn, also equipped with concrete floors, electricity, and an attached lean-to. Recent improvements include a new HVAC system installed in the summer of 2024 for the north and south ends of the gym and new gutters on the front of the north building. The property includes open lawn space suitable for future development. A survey was completed in April 2024. The total heated/cooled space is approximately 13,195 square feet (more or less). An adjacent 0.65-acre parcel is also available for purchase. All information should be verified by the buyer. Please do not disturb tenants.

    Property Features for 15198 Highway 82

    General Information

    Property type
    Other commercial real estate
    Lot Size
    150,282 SF

    Building Details

    Year Built
    1950
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Auto Repair Shop Food Market Grocery Store Garden Center Convenience Store Smoke and Vape Shop Veterinary Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Tahlequah
    County
    Cherokee
    State
    Oklahoma
    Longitude
    -94.96507
    Latitude
    35.95557

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    FAQs

    What type of property is this?
    Commercial real estate - Income-producing property with residence
    Where is this commercial real estate located?
    The property is located at 15198 Highway 82 Tahlequah, OK.
    What is the asking price?
    The asking price for this property is $598,000.
    (405) 376-1515
    Request Owner's contact information
    15198 Highway 82 Tahlequah, OK 74464
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    Tahlequah, OK 74464
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    Realmo Value Estimation

    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.

    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.

    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
    15198 Highway 82 Tahlequah, OK 74464
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