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    33062 State Hwy 51 Hwy Wagoner, OK 74467

    Sponsored
    For Sale
    $110,000

    Prime Location, Multi-Use Potential, 2,816 sq ft

    Property size:
    2,816 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 2,816-square-foot mixed-use property, situated on a spacious 1.92-acre lot in Wagoner, Oklahoma, presents a remarkable investment opportunity. Originally designed as a barbecue restaurant, the steel building with a metal roof offers immense versatility. Its adaptable layout allows for a wide range of commercial ventures, including a bar/restaurant, flea market/antique store, or bait and tackle shop. Alternatively, the property's existing configuration, featuring two bedrooms and a bathroom with a shower, makes it suitable for residential conversion. The property's strategic location along State Highway 51, between Long Bay and Taylor's Ferry, provides excellent visibility and accessibility. Its proximity to established businesses such as Gibson RV Park, Canebrake, Taylor Ferry South Corp Park, and Morgan's Corner Convenience Store ensures high traffic and customer exposure. Recreational amenities are also within easy reach, with Long Bay Marina, Pelican Point Marina, and a sandy swim beach at Taylor's Ferry all located just one mile away. This property offers a unique blend of commercial and residential potential, making it an ideal choice for entrepreneurs and investors seeking a prime location with diverse possibilities. The property's size and location provide ample space for expansion or modification to suit specific business needs.

    Property Features for 33062 State Hwy 51 Hwy

    General Information

    Property type
    Mixed-use properties
    Square Feet
    2,816 SF
    Lot Size
    83,635 SF

    Building Details

    Year Built
    1990
    Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Map

    City
    Wagoner
    County
    Wagoner
    State
    Oklahoma
    Longitude
    -95.29585
    Latitude
    35.94078

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    FAQs

    What type of property is this?
    Mixed-use property - Prime Location, Multi-Use Potential, 2,816 sq ft
    Where is this mixed-use property located?
    The property is located at 33062 State Hwy 51 Hwy Wagoner, OK.
    What is the asking price?
    The asking price for this property is $110,000.
    (918) 485-5585
    Request Owner's contact information
    33062 State Hwy 51 Hwy Wagoner, OK 74467
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    Wagoner, OK 74467
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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
    33062 State Hwy 51 Hwy Wagoner, OK 74467
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