Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Buildable Land Near Lake Hudson Title is generated by Realmo AI

    5931 N 440 Road lot 0, Adair, OK 74330

    View on Map
    Claim this Listing
    For Sale
    $72,000

    LAND - Adair, OK

    Lot size:
    5.26 Acres
    Added:
    Feb 23, 2026
    Days on Market:
    83
    Last Refresh:
    May 17 at 3:06 am

    Property Features for 5931 N 440 Road lot 0

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    0000-16-22N-20E-1-008-00
    Lot size
    5.26 Acres

    Taxes and HOA fees

    Tax Description
    SEC 16-22N-20E S2NENENE
    Tax Annual Amount
    544

    Utilities

    Sewer type
    Septic Needed
    Water source
    Public

    We can help!

    Listing Contact
    Brandi Edwards

    Listing agent Brandi Edwards License #SA00098750

    Listing office Exit Realty Harper Carlton Group 2603 W Pleasant Grove Rd, Rogers, OK

    Listing date Feb 23, 2026

    MLS# 1337074 Listing URL

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

    HighLights

    • Buildable 5.259‑acre tract with paved road frontage.
    • Electric and rural water available at the road.
    • Close proximity to Lake Hudson (3.7 miles).
    • Convenient access to nearby towns and recreation (Salina, Adair, Pensacola).
    • Seasonal creek and scattered trees.
    • Survey on file.

    Overview

    This 5.259-acre tract in Mayes County offers a flat, buildable space with paved frontage on N 440 Rd. Electric and rural water are available at the road, with confirmation from Mayes County RWD #6. A septic system will be required. The property is ready for home, barndo, or manufactured home plans, with buyer verification advised. A seasonal creek and scattered trees provide a natural aesthetic without compromising usable space. Fencing is present at the road and along one side, courtesy of the neighboring property. The location is convenient to recreation and nearby towns, being 3 miles from New Life Ranch Frontier Cove, 3.7 miles from Lake Hudson/Longcrier area, 11 minutes from downtown Salina, and approximately 9 miles from Adair, Pensacola, Windsong Adventures, and Salina Highbanks Speedway. A survey is on file.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Real Estate Agency

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

    Location Insight

    • Map
    • Local Demand
    City
    Adair
    County
    Mayes
    State
    Oklahoma
    Longitude
    -95.148866
    Latitude
    36.379975

    Nearby Similar for Sale

    • $405,000
      9,591 SF

      Adair Commercial Property on Highway

      Versatile commercial building near industrial park and major transportation routes.
      103 NE 2nd Street, Adair, OK 74330
      View Details
    • $95,000

      Land Near Lake Hudson

      9.63 acres near Lake Hudson, fenced and gated.
      N 440 Road, Adair, OK 74330
      View Details
    • $129,900
      1,800 SF

      Adair, OK Land with Building

      1.9-acre property with new building in Adair School District.
      N 435 Road, Adair, OK 74330
      View Details
    • $175,000
      1,200 SF

      Adair Diner Opportunity

      Diner opportunity in high-traffic area of Adair, Oklahoma.
      305 W Main Street, Adair, OK 74330
      View Details
    • $135,000

      21 Acres Near Adair Schools

      21 acres of fenced pastureland ideal for livestock or building.
      TBD N 4340 Rd, Adair, OK 74330
      View Details
    • $35,000

      Vacant Land in Adair, OK

      Residential land for sale, close to school.
      451 E. Hampton Rd, Adair, OK 74330
      View Details
    • $49,900

      Adair, OK 1.9-Acre Land

      1.9-acre property in Adair School District with utilities available.
      N 435 Road, Adair, OK 74330
      View Details
    • $2,661,316

      391 Acres Legacy Ranch Opportunity

      391-acre ranch in Mayes County, OK, ideal for ranching, hay.
      12600 North 433 Road, Adair, OK 74330
      View Details
    • $160,000

      Highway Frontage Commercial Land Opportunity

      1.8 acres on Highway 69, high visibility, commercial zoning.
      Hwy 69, Adair, OK 74330
      View Details
    • $95,000

      Highway Frontage Commercial Land

      Commercial land with high visibility along U.S. Highway 69.
      12387 Highway 69 N, Adair, OK 74330
      View Details
    • $299,900

      Waterfront Land on Grand River

      27.5 acres with waterfront on the Grand River.
      543 Leisure Land pl., Adair, OK 74332
      View Details
    • $80,000

      Land Near Lake Hudson

      3+ acre lot near Lake Hudson, suitable for development.
      5094 E 420 Road, Adair, OK 74330
      View Details

    FAQs

    What type of property is this?
    Land - 5.259 acres with utilities near recreation and towns.
    Where is this land located?
    The property is located at 5931 N 440 Road lot 0 Adair, OK.
    What is the asking price?
    The asking price for this property is $72,000.
    What are key features of this property?
    This property features: Buildable 5.259‑acre tract with paved road frontage.; Electric and rural water available at the road.; Close proximity to Lake Hudson (3.7 miles).
    (479) 633-2448
    We can help!
    Listing Contact
    Brandi Edwards
    Real Estate License ID: SA00098750
    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
    5931 N 440 Road lot: 0, Adair, OK 74330
    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!