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

    7236 N Hwy 82 Spavinaw, OK 74366

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $522,000

    Land available on Highway 82 in Mayes County, Oklahoma.

    Type:Land
    Added:
    Feb 5, 2026
    Days on Market:
    79
    Last Refresh:
    Mar 16 at 8:23 am

    Property Features for 7236 N Hwy 82

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Stephanie A Cox
    Stephanie A Cox

    Listing agent Stephanie A Cox License #128445

    Listing office Lakland Properties Real Estate LLC.

    Listing date Feb 5, 2026

    Source Evrealestate

    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 Lakland Properties Real Estate LLC.

    Overview

    Land on Highway 82

    The property is located approximately 7.5 miles north of the intersection of Highway 82 and Highway 20 in Salina. Situated on the east side of Highway 82, the land is located in Mayes County, Oklahoma.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Spavinaw
    County
    Mayes
    State
    Oklahoma
    Longitude
    -95.059489
    Latitude
    36.342231

    Nearby Similar for Sale

    • $435,000
      3,360 SF

      Restaurant and Gallery in Spavinaw

      Restaurant and gallery near Spavinaw Lake and Grand Lake.
      105 N Main Street, Spavinaw, OK 74366
      View Details
    • $435,000
      3,360 SF

      Restaurant and Gallery on Main

      Restaurant and gallery near Spavinaw Lake with business opportunities.
      105 N Main, Spavinaw, OK 74366
      View Details
    • $42,000

      Land with Spavinaw Creek View

      Residential lot with views of Spavinaw Creek and Lake.
      341 E 437 Road, Spavinaw, OK 74366
      View Details
    • $90,000

      Cleared Lot with Shop Building

      Cleared 0.67 acre lot with 30x50 shop building.
      380 E 437 Road, Spavinaw, OK 74366
      View Details
    • $90,000

      Cleared Lot with Shop Building

      Cleared 0.673 acre lot with shop ready for new home.
      380 E 437 Road, Spavinaw, OK 74366
      View Details
    • $20,960

      Land Near Lake Hudson

      Acreage near Lake Hudson perfect for building a cabin.
      Oakridge, Spavinaw, OK 74366
      View Details
    • $12,500

      Land Near Spavinaw Creek

      Residential lot near Lake Hudson, ideal for fishing enthusiasts.
      Moccasin Lane, Spavinaw, OK 74366
      View Details
    • $15,000

      Spavinaw Land Near Lake Hudson

      Vacant mobile home property near Spavinaw Lake and Grand Lake.
      105 Oak, Spavinaw, OK 74366
      View Details
    • $42,000

      Land with Spavinaw Creek View

      Lot with view overlooking Spavinaw Creek and Spavinaw Lake.
      341 E 437 Road, Spavinaw, OK 74366
      View Details
    • $9,500

      Wooded Land Near Spavinaw Lake

      Half-acre wooded lot near Spavinaw Lake, Oklahoma.
      E 427 Road, Spavinaw, OK 74366
      View Details
    • $165,000
      432 SF

      Spavinaw Commercial Building with Cafe

      Commercial building with cafe, equipment, and business included.
      108 North Main Street, Spavinaw, OK 74366
      View Details

    FAQs

    What type of property is this?
    Land - Land available on Highway 82 in Mayes County, Oklahoma.
    Where is this land located?
    The property is located at 7236 N Hwy 82 Spavinaw, OK.
    What is the asking price?
    The asking price for this property is $522,000.
    What are key features of this property?
    This property features: Located approximately 7.5 miles north of Hwy 82/20 in Salina.; Property is situated on the east side of Hwy 82.; Located in Mayes County.
    (918) 864-3495
    We can help!
    Listing Contact
    Stephanie A Cox
    Stephanie A Cox
    Real Estate License ID: 128445
    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!