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

    2 Ash Rd Morris, OK 74445

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $319,000

    Prime land for ranching or country living near Morris, OK.

    Lot size:
    80.00 Acres
    Added:
    Nov 1, 2025
    Days on Market:
    165
    Last Refresh:
    Jan 8 at 12:10 pm

    Property Features for 2 Ash Rd

    General Information

    Standard status
    Active
    Lot size
    80.00 Acres
    Property subtype
    Other

    We can help!

    Listing Contact
    Eric Zellers
    Eric Zellers

    Listing agent Eric Zellers License #176681

    Listing office Keller Williams Realty Advantage

    Listing date Nov 1, 2025

    Source Kw

    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 Keller Williams Realty Advantage

    Overview

    80 Acres Near Morris, OK

    This 80 +/- acre tract near Morris, Oklahoma, presents an opportunity for ranching or country living. Located less than 10 miles from Okmulgee, the property provides access to Highway 62, Highway 75, and I-40. The land is relatively flat and fully usable, featuring a blend of open pasture and scattered clusters of trees that provide natural shade for livestock and wildlife. Two ponds offer water sources, and a creek runs through the property. The property is suited for building a custom dream home, a farmhouse, or expanding a cattle operation. Adjoining acreage is also available.
    Location Intelligence

    Current Use by Public Records

    Ranches

    Suggested Use

    Furniture & Home Goods

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

    Location Insight

    • Map
    • Local Demand
    City
    Morris
    County
    Okmulgee
    State
    Oklahoma
    Longitude
    -95.9062
    Latitude
    35.5952

    Nearby Similar for Sale

    • $650,000

      160 Acres Near Highway 52

      160-acre tract suitable for cattle, agriculture, or private homestead.
      N 350 Road, Morris, OK 74445
      View Details
    • $650,000

      160-Acre Tract Near Highway 52

      160-acre tract ideal for cattle, agriculture, or private homestead.
      N 340 Road, Morris, OK 74445
      View Details
    • $2,100,000

      Expansive Ranch Land For Sale

      408-acre tract ideal for ranching, cattle, hay production.
      Bald Hill Road, Morris, OK 74445
      View Details
    • $350,000

      80 Acres Near Highway 62

      80-acre tract ideal for agricultural use or homesite.
      S 280 Road, Morris, OK 74445
      View Details
    • $850,000

      160 Acres of Pasture Land

      Highway accessible 160-acre tract ideal for cattle or homestead.
      McKinley Road, Morris, OK 74445
      View Details
    • $650,000

      128 Acres of Recreational Land

      Heavily wooded 128-acre tract with pond near Morris, Oklahoma.
      N 270 Road, Morris, OK 74445
      View Details
    • $600,000

      Highway 62 Land Tract

      70-acre tract on Highway 62, ideal for agricultural use.
      Hwy 62, Morris, OK 74445
      View Details
    • $349,000

      Morris OK Land with Pond

      40-acre Morris, OK property with pond, shop, and utilities.
      Banyan Road, Morris, OK 74445
      View Details
    • $295,000

      80 Acres in Morris, OK

      Versatile 80-acre tract ideal for building or ranching.
      310 Road, Morris, OK 74445
      View Details
    • $200,000

      40 Acres Shale Business Land

      40 acres of shale-rich land, ready for immediate operation.
      N 280 Road, Morris, OK 74445
      View Details
    • $65,000

      Residential Land in Morris, OK

      2.5 acre corner lot, ready for your dream home.
      10 Red Bud Lane, Morris, OK 74445
      View Details
    • $59,500

      Land Parcel in Morris, OK

      2.5 acre parcel ready for building near Morris, OK.
      S 280 Road, Morris, OK 74445
      View Details

    FAQs

    What type of property is this?
    Ranch - Prime land for ranching or country living near Morris, OK.
    Where is this ranch located?
    The property is located at 2 Ash Rd Morris, OK.
    What is the asking price?
    The asking price for this property is $319,000.
    What are key features of this property?
    This property features: 80 +/- acres of usable land suitable for ranching or country living.; Convenient access to Highway 62, Highway 75, and I‑40 for easy commuting and transport.; Combination of open pasture and scattered trees providing shade and potential homesites.
    (918) 691-7007
    We can help!
    Listing Contact
    Eric Zellers
    Eric Zellers
    Real Estate License ID: 176681
    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!