Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Prime Commercial Land Opportunity Title is generated by Realmo AI

    1107 W Gentry Avenue, Checotah, OK 74426

    View on Map
    Claim this Listing
    For Sale
    $449,999

    COMMERCIAL - Checotah, OK

    Lot size:
    0.89 Acres
    Added:
    Jan 23, 2026
    Days on Market:
    114
    Last Refresh:
    May 17 at 1:06 pm

    Property Features for 1107 W Gentry Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    comm
    Standard status
    Active
    APN
    2125-00-000-002-0-002-00
    Lot size
    0.89 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    2125-00-000-002-0-002-00 - PART OF LOT 2 (2A), PBGH (CHECOTAH) ADDITION BEG NW/C LOT 2 N882726E 164.05' S005615E 115.94' S335621W 252.45' N515141W 25.73' SW/C LOT 2 N005615W 304.77' POB (ACCESS DRIVE EASEMENT 1023/78)1023/88 1035/718 (SEE SCANNED SUR VEY)
    Tax Annual Amount
    12609

    We can help!

    Listing Contact
    Lindsey R Morris

    Listing agent Lindsey R Morris License #171868

    Listing office eXp Realty, LLC 3209 S Broadway STE 231, Oklahoma City, OK

    Listing date Jan 23, 2026

    MLS# 2601761

    Copyright © 2026 MLS Technology, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • High‑visibility location off Highway 69 near the I‑40 and Highway 69 intersection.
    • Positioned between established national and regional retailers like Taco Bell and Charlie's Chicken.
    • Strong daily traffic counts and easy access from major transportation corridors.
    • Ideal for retail, restaurant, or service‑oriented businesses.
    • Well‑developed surrounding area with successful neighboring businesses.
    • Highway‑adjacent commercial land in a desirable business corridor.

    Overview

    This 0.89-acre commercial land is located off Highway 69 near the intersection of I-40 and Highway 69 in Checotah, Oklahoma. Situated near the main Checotah exit, the property benefits from its proximity to established national and regional retailers such as Taco Bell and Charlie's Chicken. The location provides exposure and traffic flow. The site is suitable for various commercial uses, including retail, restaurant, or service-oriented businesses. The surrounding area is developed with successful neighboring businesses. The property has visibility and access from major transportation corridors.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Checotah
    County
    McIntosh
    State
    Oklahoma
    Longitude
    -95.509766
    Latitude
    35.464466

    Nearby Similar for Sale

    • $425,000
      9,800 SF

      Historic Commercial Buildings in Checotah

      Three updated commercial buildings in downtown Checotah with multiple revenue streams.
      219 S Broadway Street, Checotah, OK 74426
      View Details
    • $1,350,000
      8,860 SF

      Highway 69 Commercial Opportunity

      Commercial property on Highway 69 with office, retail, and warehouse.
      2238 N Broadway, Checotah, OK 74426
      View Details
    • $1,225,000
      10,000 SF

      Checotah Commercial Property on 7 Acres

      7.36 acre commercial property with 10,000+ sqft building.
      1228 W Gentry Street, Checotah, OK 74426
      View Details
    • $289,000
      1,408 SF

      Checotah Commercial Buildings For Sale

      Two commercial buildings in high-traffic Checotah location with income.
      317 Gentry, Checotah, OK 74426
      View Details
    • $90,000

      20 Acres Land Near Checotah

      20 acres of land perfect for recreation or building.
      S 4270 Road, Checotah, OK 74426
      View Details
    • $299,999

      Prime Commercial Land Opportunity

      Highway-adjacent commercial land in Checotah's active business corridor.
      W Gentry Avenue, Checotah, OK 74426
      View Details
    • $869,000

      Commercial Land on I-40

      5 acres of commercial land near I-40 and Hwy 150.
      Hwy 150 Road, Checotah, OK 74426
      View Details
    • $179,000
      1,615 SF

      Mixed-Use Building in Downtown Checotah

      Turnkey commercial building in the heart of downtown Checotah.
      307 W Gentry Street, Checotah, OK 74426
      View Details
    • $85,000

      20 Acres Near Lake Eufaula

      20 acres of land near Checotah, Oklahoma.
      S 4270 Road, Checotah, OK 74426
      View Details
    • $492,480

      Land in Checotah, Oklahoma

      Two parcels of land, wooded and partially cleared.
      107515 4290 Road, Checotah, OK 74426
      View Details
    • $20,000

      Residential Land in Checotah, OK

      Residential lot with city utilities; mobile homes allowed.
      611 NW 5th Street, Checotah, OK 74426
      View Details
    • $80,000

      20 Acres Near Lake Eufaula

      20 acres near Checotah, OK, ideal for recreation or building.
      S 4270 Road, Checotah, OK 74426
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial land near Highway 69 and I-40 in Checotah, Oklahoma.
    Where is this commercial land located?
    The property is located at 1107 W Gentry Avenue Checotah, OK.
    What is the asking price?
    The asking price for this property is $449,999.
    What are key features of this property?
    This property features: High‑visibility location off Highway 69 near the I‑40 and Highway 69 intersection.; Positioned between established national and regional retailers like Taco Bell and Charlie's Chicken.; Strong daily traffic counts and easy access from major transportation corridors.
    (888) 560-3964
    We can help!
    Listing Contact
    Lindsey R Morris
    Real Estate License ID: 171868
    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

    Thank You for Inquiry
    1107 W Gentry Avenue, Checotah, OK 74426
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!