Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Land Auction in Colcord, OK Title is generated by Realmo AI

    Parcel 6 E 581 Road, Colcord, OK 74338

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    3.33 acres to be sold at absolute auction.

    Type:Lots/Land
    Lot size:
    3.33 Acres
    Added:
    Mar 13, 2026
    Days on Market:
    82
    Last Refresh:
    Apr 9 at 8:13 pm

    Property Features for Parcel 6 E 581 Road

    General Information

    Standard status
    Active
    Lot size
    3.33 Acres
    Property subtype
    Lots/Land

    We can help!

    Listing Contact
    Delton Williams
    Delton Williams

    Listing agent Delton Williams License #PB00054955

    Listing office Crye-Leike REALTORS, Gentry

    Listing date Mar 13, 2026

    Source Exitrealty

    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 Crye-Leike REALTORS, Gentry

    HighLights

    • 3.33 acre lot
    • Property is being sold AS IS
    • Absolute Auction on April 13th, 2026
    • Auction at Holiday Inn in Siloam Springs
    • 10% down day of auction
    • Closing on or about 30 days from date of auction

    Overview

    The property consists of 3.33 acres of land, being sold AS IS at Absolute Auction on April 13th, 2026, at 11:00 am at the Holiday Inn in Siloam Springs. The terms of the sale are 10% down on the day of the auction, with the balance due in cash or certified funds at closing, on or about 30 days from the date of the auction. A 10% buyer's premium will be added to the bid amount to establish the total contract price. The buyer and seller will share equally in closing costs. The property is sold as is with no warranty as to the condition of any structures or known or unknown environmental issues.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Big Box & Wholesale Store Auto Repair Shop Food Market Garden Center Car Rental Facility Pet Grooming Service Parking Lot & Garage

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

    Location Insight

    • Map
    • Local Demand
    City
    Colcord
    County
    Delaware
    State
    Oklahoma
    Longitude
    -94.680866
    Latitude
    36.17473

    Nearby Similar for Sale

    • $199,999
      1,383 SF

      Colcord Restaurant Opportunity For Sale

      Income-producing restaurant property near school with business potential.
      118 E Main, Colcord, OK 74338
      View Details
    • $368,900

      Highway Frontage Commercial Land

      2.38 acres of prime commercial land on Hwy 412.
      . US Hwy 412, Colcord, OK 74338
      View Details
    • $240,000

      Secluded Land with Hunting Cabin

      Private 40-acre property with pasture, woods, cabin, and barn.
      19460 CR 502 lot: 0, Colcord, OK 74338
      View Details
    • $400,000

      Scenic Acreage in Colcord, OK

      80 acres with well, structure, and utilities near Colcord.
      678 Road, Colcord, OK 74338
      View Details
    • $240,000

      Colcord, OK Land Opportunity

      29.03 acres with well, electric, partial fencing, and shed.
      Highway 59 lot: 0, Colcord, OK 74338
      View Details
    • $250,000
      1,674 SF

      New Duplex Investment Opportunity

      New construction duplex in Colcord, OK, great investment potential.
      168 E Doughty, Colcord, OK 74338
      View Details
    • $250,000
      1,674 SF

      New Duplex Investment Opportunity

      New construction duplex in Colcord, OK, built in 2024.
      180 E Doughty Street, Colcord, OK 74338
      View Details
    • $725,000

      65 Acres in Colcord, OK

      65 acres of mixed pasture and woods near Arkansas border.
      S 734 Road, Colcord, OK 74338
      View Details
    • $785,000

      70 Acres Vacant Land Colcord

      70-acre tract with spring, wells, and agricultural potential.
      . S 655 Rd, Colcord, OK 74338
      View Details
    • $250,000
      1,674 SF

      New Duplex Investment Opportunity

      New construction duplex in Colcord, OK. Great investment opportunity.
      168 E Doughty ST, Colcord, OK 74338
      View Details
    • $250,000
      1,674 SF

      New Duplex Investment Opportunity

      New construction duplex in Colcord, OK, built in 2024.
      180 E Doughty ST, Colcord, OK 74338
      View Details
    • $199,999
      1,383 SF

      Colcord Retail Property for Sale

      Retail property in Colcord, Oklahoma, ideal for storefront business.
      118 E Main, Colcord, OK 74338
      View Details

    FAQs

    What type of property is this?
    Land - 3.33 acres to be sold at absolute auction.
    Where is this land located?
    The property is located at Parcel 6 E 581 Road Colcord, OK.
    What are key features of this property?
    This property features: 3.33 acre lot; Property is being sold AS IS; Absolute Auction on April 13th, 2026
    (479) 427-5623
    We can help!
    Listing Contact
    Delton Williams
    Delton Williams
    Real Estate License ID: PB00054955
    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
    Parcel 6 E 581 Road, Colcord, OK 74338
    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!