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Mobile Home and RV Park
For Sale
$1,500,000

72548 322 Way, Wagoner, OK 74467

Commercial, Wagoner, OK

Property Size14,750 SF
Lot Size8.25 Acres
Price / SF$101.69
Days on Market93

Property Features for 72548 322 Way

General Information

Property type Commercial Sale
Property subtype Other
Zoning Rural Comm
Exterior features Dumpster, Pole Sign, Storage
Elementary school district Wagoner - Sch Dist (31)
Middle school district Wagoner - Sch Dist (31)
High school district Wagoner - Sch Dist (31)
Directions POB Hwy 51 and Hwy 69, head east on 51/Cherokee to "The Oaks" on the right/south side of the road.
Standard status Active
APN 730003500
Size 14,750 SF
Lot size 8.25 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 07-17-19 S 291' OF E 519.56' OF N2 NE SE : ALL THAT PT OF W 800.44' OF N2 NE SE LYING S HWY 251-C BK 1054 PG 97
Tax Annual Amount 3349
Legal Description 07-17-19 S 291' OF E 519.56' OF N2 NE SE : ALL THAT PT OF W 800.44' OF N2 NE SE LYING S HWY 251-C BK 1054 PG 97

Utilities

Sewer type Septic Tank
Heating system Central
Cooling system Central Air

Amenities

workshop
boat/storage units

Building Details

Year built 1955
Floors in Building 2
Additional Structures Storage
Listing Agency: eXp Realty, LLC
Listed By: Darryl G Baskin
Added: Jul 22 Changed: Oct 17 Last Checked: Oct 22 at 7:06PM
MLS# 2626934

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.

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Investment Insights

Based on property information with market context.

This 8.25-acre mobile home and RV park includes 15 mobile homes, 13 existing RV sites, and 9 additional rentable RV spaces. Residential improvements include a 2-bedroom, 1-bath manager’s apartment measuring approximately 1,600 SF and a 1-bedroom, 1-bath studio apartment of approximately 800 SF. A workshop with a 2-car garage and office space supports on-site operations, while 16 enclosed boat and storage units provide additional functional space. The property measures 14,750 square feet and was built in 1955.

Located at 72548 322 Way in Wagoner, Oklahoma, the property is minutes from historic downtown Wagoner and Fort Gibson Lake. It backs to Corps of Engineers land and is zoned Rural Comm. Improvements include central heating, central air, septic service, a dumpster, pole signage, and storage facilities.

Key Highlights

  • 8.25‑acre mobile home and RV park in Wagoner, OK
  • 15 mobile homes, 13 existing RV sites, and 9 additional rentable RV spaces
  • Manager’s apartment: 2‑bedroom, 1‑bath, approximately 1,600 SF

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$116,684
Cap Rate
7.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,333,680 $2.3M
Cap Rate 7%
$1,666,914 $1.7M
Cap Rate 9%
$1,296,489 $1.3M
Market Conditions
NOI Build-Up for 14,750 SF
Gross rent
$230.1K $15.60/SF
− Vacancy
−$17.9K −$1.22/SF
EGI
$212.2K $14.38/SF
− OpEx
−$95.5K −$6.47/SF
NOI
$116.7K $7.91/SF
Area
Wagoner County, OK
Vacancy
7.80%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,333,680
Cap Rate 7%
$1,666,914
Cap Rate 9%
$1,296,489

Alternative Uses

Best Use
Apartment 5plus
$1.67M
$1.46M – $1.94M (±1% cap)
NOI $116,684 @ 7.0% cap · market cap 7.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.48M
$3.04M – $4.06M (±1% cap)
NOI $243,552 @ 7.0% cap · market cap 16.24%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

17
Residential units

Location Intelligence

Trade Area within ½ mile

21
Businesses Nearby

Demographics for 74467, OK

13,981
Population
6,826
Households
2
Avg Household Size
44
Median Age
20%
College-Educated
88%
High-School Grad
154.1 sq mi
ZIP Area
91
Density / Sq Mi
$58,398
Median Household Income
$39,350
Median Earnings
$852
Median Rent
$149,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Mobile home & RV park - Lake-area property combines mobile-home sites, RV accommodations, apartments, and enclosed storage facilities.
Where is this mobile home & rv park located?
The property is located at 72548 322 Way Wagoner, OK.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 8.25‑acre mobile home and RV park in Wagoner, OK; 15 mobile homes, 13 existing RV sites, and 9 additional rentable RV spaces; Manager’s apartment: 2‑bedroom, 1‑bath, approximately 1,600 SF
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