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    2592 Highway 62 Westville, OK 74965

    For Sale
    $89,500

    Historic Westville building, 0.26 acres, many possibilities.

    Property size:
    1,976 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional 1,976 square foot property located at 2592 Hwy 62, Westville, OK presents a unique investment opportunity. Situated on a 0.26-acre lot, this property boasts a versatile zoning classification allowing for commercial, residential, or a combination of both uses. Its prime location offers convenient access to Fayetteville, AR (29 miles) and Siloam Springs, AR (17 miles), making it an attractive proposition for a wide range of businesses or residential developments. The existing building offers the chance to restore a piece of Westville's history, or alternatively, the land provides a blank canvas for new construction, allowing for the realization of ambitious development plans. The property is being sold "as-is" with no repairs included, providing an opportunity for buyers to customize the property to their exact specifications. The possibilities are endless

    Property Features for 2592 Highway 62

    General Information

    Property type
    Investment properties
    Square Feet
    1,976 SF
    Lot Size
    11,326 SF

    Building Details

    Year Built
    1930
    Property Profile Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

    Restaurant Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Pharmacy Nail Salon Hotel & Motel Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Westville
    County
    Adair
    State
    Oklahoma
    Longitude
    -94.6243
    Latitude
    35.9887

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    FAQs

    What type of property is this?
    Investment property - Historic Westville building, 0.26 acres, many possibilities.
    Where is this investment property located?
    The property is located at 2592 Highway 62 Westville, OK.
    What is the asking price?
    The asking price for this property is $89,500.
    (479) 273-3838
    Request Owner's contact information
    2592 Highway 62 Westville, OK 74965
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    2592 Highway 62
    Westville, OK 74965
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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
    2592 Highway 62 Westville, OK 74965
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