Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Watonga Land Near State Park Title is generated by Realmo AI

    Hwy 8a Hwy 8a, Watonga, OK 73772

    View on Map
    Claim this Listing
    New
    For Sale
    $201,535

    Farm/Ranch/Land 10+ Acres - Watonga, OK

    Type:Farm
    Lot size:
    23.17 Acres
    Added:
    May 8, 2026
    Days on Market:
    6
    Last Refresh:
    May 13 at 2:06 am

    Property Features for Hwy 8a Hwy 8a

    General Information

    Property type
    Farm
    Property subtype
    Farm
    Standard status
    Active
    Lot size
    23.17 Acres

    Taxes and HOA fees

    Tax Annual Amount
    43

    Building Details

    Architectural style
    Ranch

    We can help!

    Listing Contact
    Andrea Lauminick
    Andrea Lauminick

    Listing agent Andrea Lauminick License #158816

    Listing office Stewart Real Estate LLC 100 E Main, Watonga, OK

    Listing date May 8, 2026

    MLS# 20260588 Listing URL

    Copyright © 2026 Northwest Oklahoma Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 23.71 acres of Bermuda grass pasture, ideal for livestock, recreation, or building.
    • Prime location directly off Highway 8A at the entrance to Roman Nose State Park.
    • Fully equipped with water well, electricity, and secure 6‑wire fencing.
    • Excellent access.
    • Ready for immediate use.
    • Highly desirable area.

    Overview

    This property features 23.71 acres of Bermuda grass pasture. It is located off Highway 8A at the entrance to Roman Nose State Park. The property is equipped for livestock and recreation, and suitable for building a home. It includes a water well, electricity, and 6-wire fencing. The acreage offers access and a location in a desirable area.
    Location Intelligence

    Current Use by Public Records

    Farms

    Map

    City
    Watonga
    County
    Blaine
    State
    Oklahoma
    Longitude
    -98.4171
    Latitude
    35.8572

    Nearby Similar for Sale

    • $350,000

      Equipped Restaurant with Highway Frontage

      Turnkey restaurant with updates, equipment, and highway visibility.
      421 W Russworm Dr, Watonga, OK 73772
      View Details
    • $100,000

      Highway Commercial Building For Sale

      1900 SF commercial building on the highway in Watonga, OK.
      405 W Russworm Dr, Watonga, OK 73772
      View Details
    • $66,600

      9-Acre Vacant Land in Watonga

      9-acre tract ideal for homesite, small farm, or investment.
      Tract 2 N 2610 Rd, Watonga, OK 73772
      View Details
    • $66,600

      9 Acres Vacant Land Watonga

      9-acre tract ideal for building, grazing, or investment.
      Tract 1 N 2610 Rd, Watonga, OK 73772
      View Details
    • $10,000

      Watonga, OK Unimproved Corner Lot

      Corner lot available in Watonga, Oklahoma.
      602 E Second, Watonga, OK 73772
      View Details
    • $499,000

      Productive Farmland in Blaine County

      160 acres of farmland with road frontage in Oklahoma.
      E 770 Road, Watonga, OK 73646
      View Details
    • $130,000

      Storage Units in Watonga, OK

      44 storage units with state highway frontage in Watonga, OK.
      401 W Russworm, Watonga, OK 73772
      View Details
    • $45,000

      Downtown Watonga Commercial Building

      Commercial building in downtown Watonga with business potential.
      117 S Noble, Watonga, OK 73772
      View Details
    • $90,000

      Commercial Lot in Watonga, OK

      Unimproved commercial land with utilities available in Watonga, Oklahoma.
      400 S Leach, Watonga, OK 73772
      View Details
    • $155,000

      Watonga Fourplex Investment Opportunity

      Fourplex in Watonga, OK with rental income potential.
      114 N Leach, Watonga, OK 73772
      View Details
    • $7,000

      Corner Lot Near Watonga High

      Corner lot within walking distance to Watonga High School.
      1100 N Weigle St, Watonga, OK 73772
      View Details
    • $65,000

      Downtown Watonga Mixed-Use Building

      Mixed-use building with retail, storage, and living quarters in Watonga.
      121 E Main St, Watonga, OK 73772
      View Details

    FAQs

    What type of property is this?
    Farm - 23.71 acres of Bermuda grass pasture near Roman Nose State Park.
    Where is this farm located?
    The property is located at Hwy 8a Hwy 8a Watonga, OK.
    What is the asking price?
    The asking price for this property is $201,535.
    What are key features of this property?
    This property features: 23.71 acres of Bermuda grass pasture, ideal for livestock, recreation, or building.; Prime location directly off Highway 8A at the entrance to Roman Nose State Park.; Fully equipped with water well, electricity, and secure 6‑wire fencing.
    (580) 623-1217
    We can help!
    Listing Contact
    Andrea Lauminick
    Andrea Lauminick
    Real Estate License ID: 158816
    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
    Hwy 8a Hwy 8a, Watonga, OK 73772
    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!