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

    170715 Indian Hwy Honobia, OK 74549

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    10 acres of land ideal for recreation and development.

    Type:Special Purpose
    Property size:
    6,564 SF
    Lot size:
    10.00 Acres
    Added:
    Feb 27, 2026
    Days on Market:
    36
    Last Refresh:
    Mar 17 at 1:17 pm

    Property Features for 170715 Indian Hwy

    General Information

    Standard status
    Active
    Size
    6,564 SF
    Lot size
    10.00 Acres
    Property subtype
    Special Purpose

    Building Details

    Year Built
    1986

    We can help!

    Listing Contact
    David Boyd

    Listing agent David Boyd License #211166

    Listing office Eagle Rock Realty & Prop Mgmt

    Listing date Feb 27, 2026

    Source Crexi

    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 Eagle Rock Realty & Prop Mgmt

    Overview

    Honobia Land with Versatile Potential

    This property encompasses 10 acres, offering space, privacy, and versatility suitable for various uses. It is located approximately 37 miles from the lake and amenities of Hochatown. The property includes a main building, a single wide structure, and a storage building. It could be suitable for a private family compound, a hunting lodge, a weekend retreat, or a destination for group gatherings and events.
    Location Intelligence

    Current Use by Public Records

    Recreation land

    Map

    City
    Honobia
    County
    Le Flore
    State
    Oklahoma
    Longitude
    -94.9886
    Latitude
    34.5987

    Nearby Similar for Sale

    • $49,500

      Honobia, OK Vacant Land

      4.5 acres in Boktuklo Mountain Preserve, gated community.
      Lot 27 Sky View, Honobia, OK 74957
      View Details
    • $270,000

      30 Acres of Riverfront Land

      30 acres with river frontage, fishing, camping, and hunting.
      TBD HONOBIA LOOP RD, HONOBIA, OK 74549
      View Details
    • $42,500

      Honobia, OK Vacant Land

      3.38 acres with RV pad and creek access.
      #72 Boktuklo Mtn, Honobia, OK 74957
      View Details
    • $350,000

      Honobia, OK Recreational Land For Sale

      140 acres in Pushmataha County, perfect for recreation and hunting.
      169378 Indian Hwy, Honobia, OK 74549
      View Details
    • $65,000

      9.03 Acres Vacant Land

      9.03 acres of wooded land near Indian Hwy, Honobia, OK
      111111 Bigfoot Way, Honobia, OK 74957
      View Details
    • $79,000

      Honobia Vacant Land Near WMA

      Two acres of surveyed land near Three Rivers Wildlife Management Area.
      TBD Honobia Oklahoma, Honobia, OK 74957
      View Details
    • $113,305

      Honobia, OK Vacant Land

      13.33 acres of land near Three Rivers Wildlife Management Area.
      42 No Physical Address, Honobia, OK 74957
      View Details
    • $49,500

      Secluded Mountain Land with Cabin

      8.9 acres with partially constructed off-grid cabin near Honobia, OK.
      K-Trail Indian Highway, Honobia, OK 74957
      View Details
    • $82,900

      Honobia, OK Vacant Land

      10 acre vacant land in Boktuklo Mountain Preserve.
      Tract #19 Boktuklo Mountain Preserve, Honobia, OK 74957
      View Details
    • $54,000

      Honobia, OK Vacant Land

      10-acre parcels in Boktuklo Mountain Preserve, Honobia, OK.
      No 911 Boktuklo Mountain Preserve Tracts 6-7, Honobia, OK 74957
      View Details

    FAQs

    What type of property is this?
    Recreation land - 10 acres of land ideal for recreation and development.
    Where is this recreation land located?
    The property is located at 170715 Indian Hwy Honobia, OK.
    What is the asking price?
    The asking price for this property is $349,000.
    What are key features of this property?
    This property features: 10 Acres of Land: Offers significant space and privacy.; Versatile Land Use: Suitable for a family compound, hunting lodge, retreat, or event venue.; Proximity to Hochatown: Only 37 miles from lake and amenities.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    David Boyd
    Real Estate License ID: 211166
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!