Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    NW Expy Yukon, OK

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Land in a growing area suitable for commercial development.

    Type:LAND
    Lot size:
    22.70 Acres
    Added:
    Apr 23, 2025
    Days on Market:
    377
    Last Refresh:
    Apr 5 at 10:22 pm

    Property Features for NW Expy

    General Information

    Standard status
    Active
    Lot size
    22.70 Acres
    Property subtype
    LAND

    We can help!

    Listing Contact
    Grant Stewart, CCIM
    Grant Stewart, CCIM

    Listing agent Grant Stewart, CCIM License #140822

    Listing office Wiggin Properties - Tulsa

    Listing date Apr 23, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Wiggin Properties - Tulsa

    Overview

    Commercial Land in Growing Area

    The Surrey Hill lots are positioned in a growth area anticipated to experience a 19% increase in population, an 11% increase in income, and a 21% increase in housing units by 2020. The immediate vicinity has seen over 1,000 new housing starts in recent years. This land is well-suited for future commercial development due to the continued growth in the submarket. Its proximity to the Kilkpatrick Turnpike facilitates convenient commutes for local residents to the entire metro area, including Edmond to the north. The property is available for sale, lease, or build-to-suit options and can be divided.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Yukon
    County
    Canadian
    State
    Oklahoma
    Longitude
    -97.6755
    Latitude
    35.5735

    Nearby Similar for Sale

    • $595,000

      Yukon, OK Commercial Land

      4.26 acres of commercial land in Yukon, Oklahoma.
      301 S Yukon Parkway, Yukon, OK 73099
      View Details
    • $595,000

      Commercial Land off Route 66

      4.26 acres of commercial land in Yukon, Oklahoma.
      301 S Yukon Parkway, Yukon, OK 73099
      View Details
    • $365,000
      2,552 SF

      Updated Duplex in Yukon, OK

      Meticulously cared for duplex with updates and rental income potential.
      632 Ottawa Place, Yukon, OK 73099
      View Details
    • $348,000
      2,928 SF

      Yukon Duplex: Income Potential

      Duplex in Yukon, OK, great for investors or owner-occupants.
      1312 Summerton Place, Yukon, OK 73099
      View Details
    • $149,999

      Commercial Lot in Active Corridor

      0.46-acre commercial lot in Yukon's high-traffic area.
      1308 Holly Avenue, Yukon, OK 73099
      View Details
    • $315,000
      2,244 SF

      Updated Duplex in Yukon, OK

      Updated duplex with two units, each featuring 2 bedrooms/2 bathrooms.
      608 Ottawa Place, Yukon, OK 73099
      View Details
    • $450,000

      Commercial Land in Yukon, OK

      Prime commercial land in a high-traffic Yukon location.
      W Reno Czech Hall, Yukon, OK 73099
      View Details
    • $130,000

      Yukon Build-Ready Corner Lot

      Corner lot with resort-style pool in Yukon, Oklahoma.
      421 War Eagle Lane, Yukon, OK 73099
      View Details
    • $138,000

      Residential Land in Yukon, OK

      Vacant lot ready for building your dream home!
      14816 Avignon Lane, Yukon, OK 73099
      View Details
    • $225,000

      Vacant Corner Lot in Yukon

      1.2-acre vacant corner lot in the heart of Yukon.
      13033 SW 10th Street, Yukon, OK 73099
      View Details
    • $520,000

      Expansive Land Parcel in Yukon

      11.5-acre land parcel offers rural tranquility near Yukon.
      14950 W Wilshire Boulevard, Yukon, OK 73099
      View Details
    • $450,000
      4,445 SF

      Versatile Commercial Property in Yukon

      Commercial property with garage, warehouse, office space, and high visibility.
      401 S Ranchwood Blvd, Yukon, OK 73099
      View Details

    FAQs

    What type of property is this?
    Commercial land - Land in a growing area suitable for commercial development.
    Where is this commercial land located?
    The property is located at NW Expy Yukon, OK.
    What are key features of this property?
    This property features: Located in a high‑growth area projected to have significant population, income, and housing unit increases.; Proximity to the Kilpatrick Turnpike provides easy access to the entire metro area, including Edmond.; The area has experienced over 1,000 new housing starts in recent years, indicating strong residential demand.
    (918) 645-7679 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Grant Stewart, CCIM
    Grant Stewart, CCIM
    Real Estate License ID: 140822
    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

    NW Expy, Yukon, OK

    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!