Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Lake Eufaula Land with Boat Slip Title is generated by Realmo AI

    5257 Erika Lane, Stigler, OK 74462

    View on Map
    Claim this Listing
    For Sale
    $85,000

    LAND - Stigler, OK

    Lot size:
    3.52 Acres
    Added:
    May 22, 2026
    Days on Market:
    13
    Last Refresh:
    Jun 3 at 7:06 pm

    Property Features for 5257 Erika Lane

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    RES
    Standard status
    Active
    Lot size
    3.52 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    LOTS 52-57 THREE NATION ESTATES
    Tax Annual Amount
    1250

    We can help!

    Listing Contact
    Clifton Davis
    Clifton Davis

    Listing agent Clifton Davis License #184770

    Listing office Porches and Pastures 114375 N Old Highway 69, Eufaula, OK

    Listing date May 22, 2026

    MLS# 2618926 Listing URL

    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

    • Six scenic lots (3.5 acres mol) with elevated hilltop views in prestigious, gated lake community.
    • Includes a boat slip in a deep‑water cove perfect for swimming.
    • Prime mid‑lake location facing Standing Rock, with deep water access and convenient access to local amenities.
    • Utilities are adjacent to the property, and four of the lots offer buildable potential.
    • Located in an established, family‑oriented neighborhood with an active HOA.
    • Community dock is a short ATV ride away.

    Overview

    This is a rare opportunity to own six scenic lots totaling 3.52 acres and a boat slip in the gated community of Three Nations - Cherokee Hills Estate, located on Lake Eufaula. This established, family-oriented neighborhood is situated 10 minutes east of Eufaula and 5 minutes north off Highway 9, in a prime mid-lake location facing the iconic "Standing Rock" with 75-foot-deep water nearby. Located just inside the secure gated entrance, the lots offer an elevated hilltop view of the valley and canyon below. A community dock is a short ATV ride away, where the included boat slip awaits. The deep-water cove provides clean, protected water suitable for swimming off the dock. A second boat slip is available for purchase separately. Water and electric utilities are adjacent to the property. With proper excavation and clearing, four of the lots offer buildable potential, or all six can be combined for a private, hillside lake estate. By water, the property is 15 minutes from Eufaula Cove and No. 9 Marina for dining, fuel, and entertainment, and 15 minutes from the lake's sandy beaches. The Eufaula Dam area is 20 minutes east by land or water. Three Nations Estates has an active HOA with 45 existing homes, and short-term rentals are prohibited.
    Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Map

    City
    Stigler
    County
    Haskell
    State
    Oklahoma
    Longitude
    -95.0844
    Latitude
    35.2928

    Nearby Similar for Sale

    • $175,000
      2,800 SF

      Iconic Commercial Building Near Highway 9

      2,800 sq ft commercial building on 1.7 acres.
      1 N County Road 4460, Stigler, OK 74462
      View Details
    • $999,000
      10,290 SF

      Stigler Commercial Investment Opportunity

      Commercial property with seven rentable units in Stigler, Oklahoma.
      801 W Main Street, Stigler, OK 74462
      View Details
    • $125,000
      1,920 SF

      Versatile Commercial Property in Stigler

      Mixed-use commercial property ideal for various business ventures.
      205 SE B Street, Stigler, OK 74462
      View Details
    • $299,900
      2,100 SF

      Stigler Commercial Property For Sale

      High-traffic location ideal for retail, food service, or market.
      1609 E Main Street, Stigler, OK 74432
      View Details
    • $199,000
      2,784 SF

      Highway Frontage Auto Shop

      Established auto shop with highway frontage between Stigler and Whitefield.
      10652 Highway 9, Stigler, OK 74462
      View Details
    • $50,000
      2,400 SF

      Versatile Commercial Building Near Broadway

      2400 sq ft commercial building, prime location, endless potential.
      206 S Broadway Street, Stigler, OK 74462
      View Details
    • $199,900
      3,534 SF

      High-Visibility Commercial Property on Main

      Multi-suite commercial building with high traffic exposure in Stigler.
      809 E Main, Stigler, OK 74462
      View Details
    • $1,600,000
      14,000 SF

      Turn-Key Cultivation Facility in Stigler

      Commercial cultivation facility with three buildings and 3,000 amp service.
      1001 E Central Avenue, Stigler, OK 74462
      View Details
    • $100,000
      1,568 SF

      Stigler Commercial Opportunity on Main

      High-traffic commercial lot with shop on Main Street.
      900 E Main, Stigler, OK 74462
      View Details
    • $1,245,500
      16,000 SF

      Functional Breeder House Farm

      60-acre poultry farm with houses, barns, and mobile home.
      30607 S Fish Creek Road, Stigler, OK 74462
      View Details
    • $664,900

      253 Acres near Canadian River

      Land with Canadian River access, ideal for hunting/recreation.
      N County Road 4340, Stigler, OK 74462
      View Details
    • $1,900,000

      Expansive Farm Along Canadian River

      691-acre farm with river access, farmland, and wooded areas.
      N County Road 4340, Stigler, OK 74462
      View Details

    FAQs

    What type of property is this?
    Waterfront Land - 3. 52 acres with boat slip in gated community.
    Where is this waterfront land located?
    The property is located at 5257 Erika Lane Stigler, OK.
    What is the asking price?
    The asking price for this property is $85,000.
    What are key features of this property?
    This property features: Six scenic lots (3.5 acres mol) with elevated hilltop views in prestigious, gated lake community.; Includes a boat slip in a deep‑water cove perfect for swimming.; Prime mid‑lake location facing Standing Rock, with deep water access and convenient access to local amenities.
    (918) 680-2673
    We can help!
    Listing Contact
    Clifton Davis
    Clifton Davis
    Real Estate License ID: 184770
    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
    5257 Erika Lane, Stigler, OK 74462
    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!