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    23849 864 Rd Welling, OK 74471

    For Sale
    $150,000

    1.3-Acre Commercial Property, Lake Tenkiller Area

    Property size:
    1,616 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 1.3-acre commercial property in Welling, Oklahoma, presents a unique investment opportunity near Lake Tenkiller. Priced at $150,000, this property boasts a 1,616 square foot metal building situated on a slab foundation, ensuring durability and longevity. The land is comprised of three separate lots, offering ample space for expansion or the development of multiple businesses. Its strategic location provides easy access to both local residents and the significant tourist traffic drawn to Lake Tenkiller. The property's infrastructure is well-established, featuring two wells and two septic tanks, ready to support a variety of commercial ventures. Ideal uses could include outdoor recreation businesses, storage facilities, service shops, or retail establishments catering to the lake's vibrant tourism. The rural setting offers a tranquil atmosphere while maintaining convenient access to the area's amenities. This versatile property is a rare find, combining prime location with substantial infrastructure, making it an excellent investment for entrepreneurs seeking a thriving commercial presence in a desirable location. Directions from Hwy 82: Turn left onto Hwy 100, right onto S. 566 Road, and left onto E. 864 Road. The property is on the right. The property is located in Cherokee County, Oklahoma, zip code 74471.

    Property Features for 23849 864 Rd

    General Information

    Property type
    Land
    Square Feet
    1,616 SF
    Lot Size
    56,759 SF

    HighLights

    • 1.3‑acre commercial lot in Welling, OK, near Lake Tenkiller, priced at $150,000.
    • Features a 1,616 sq ft metal building on a slab foundation.
    • Three separate lots allow for expansion or multiple businesses.
    • Excellent access to local residents and Lake Tenkiller tourism.
    • Includes two wells and two septic systems.
    • Suitable for various uses, including recreation, storage, or retail.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Building Supply Pet Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Welling
    County
    Cherokee
    State
    Oklahoma
    Longitude
    -94.8819281
    Latitude
    35.7633713

    FAQs

    What type of property is this?
    Land - 1.3-Acre Commercial Property, Lake Tenkiller Area
    Where is this land located?
    The property is located at 23849 864 Rd Welling, OK.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: 1.3-acre commercial lot in Welling, OK, near Lake Tenkiller, priced at $150,000.; Features a 1,616 sq ft metal building on a slab foundation.; Three separate lots allow for expansion or multiple businesses.
    Request Owner's contact information
    23849 864 Rd Welling, OK 74471
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    23849 864 Rd
    Welling, OK 74471
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    Realmo Value Estimation

    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.

    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.

    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
    23849 864 Rd Welling, OK 74471
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