Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    157 Acre Hunting and Building Land Title is generated by Realmo AI

    TBD SH-51, Oilton, OK 74030

    View on Map
    Claim this Listing
    For Sale
    $495,000

    Vacant Land - Oilton, OK

    Lot size:
    157.00 Acres
    Added:
    Jan 5, 2026
    Days on Market:
    142
    Last Refresh:
    May 27 at 10:06 am

    Property Features for TBD SH-51

    General Information

    Property type
    Land
    Property subtype
    Other
    Parking features
    Garage
    Standard status
    Active
    Lot size
    157.00 Acres

    Taxes and HOA fees

    Tax Annual Amount
    0

    Utilities

    Water front features
    Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Steele Schwonke

    Listing agent Steele Schwonke

    Listing office Arrowhead Land Company 205 E Dewey Ave, Sapulpa, OK

    Listing date Jan 5, 2026

    MLS# 11635770 Listing URL

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 157± acre property offering excellent hunting with abundant deer, hogs, and small game.
    • Conveniently located with easy highway access and gated entrance.
    • Blend of open areas and thick wooded cover creates ideal wildlife habitat.
    • Features two ponds providing reliable water sources for wildlife and livestock.
    • Numerous ideal locations for feeders, blinds, and food plot setups enhance hunting opportunities.
    • Potential for future homesite development.

    Overview

    This 157-acre property, identified as Tract 1 of the Cimarron Oaks Ranch, is located in Creek County, Oklahoma, directly off Highway 51. It features a gated entrance providing easy access while maintaining a secluded feel. The land includes a mix of open areas and thick wooded cover, creating ideal conditions for wildlife habitat. Two ponds are located on the property, providing reliable water sources for both wildlife and livestock. The property has remained undeveloped for years, and its direct border with secluded public land enhances hunting opportunities. Deer, hogs, and small game are abundant. The layout offers numerous ideal locations for feeders, blinds, and food plot setups, making it a strong hunting tract, while also providing the space and terrain suitable for potentially building a home or running livestock. It is located approximately 33 minutes from Stillwater, 35 minutes from Tulsa, and approximately 1 hour and 20 minutes from Oklahoma City. The property offers accessibility without sacrificing privacy and provides outstanding opportunity and long-term value for those seeking a proven hunting property, a future homesite, or a versatile piece of land with multiple uses.
    Location Intelligence

    Current Use by Public Records

    Hunting land

    Map

    City
    Oilton
    County
    Creek
    State
    Oklahoma
    Longitude
    -96.4867
    Latitude
    35.9464

    Nearby Similar for Sale

    • $2,500,000
      1,196 SF

      Expansive Ranch with Hunting Potential

      855-acre ranch near Oilton, OK, ideal for hunting and recreation.
      50405 W 31st Street S, Oilton, OK 74030
      View Details
    • $816,000

      272 Acre Hunting Property

      Hunting property with hardwood timber and rolling terrain.
      TBD SH-51, Oilton, OK 74030
      View Details

    FAQs

    What type of property is this?
    Land - Versatile land near Highway 51, ideal for hunting/building.
    Where is this land located?
    The property is located at TBD SH-51 Oilton, OK.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: 157± acre property offering excellent hunting with abundant deer, hogs, and small game.; Conveniently located with easy highway access and gated entrance.; Blend of open areas and thick wooded cover creates ideal wildlife habitat.
    (918) 424-6065
    We can help!
    Listing Contact
    Steele Schwonke
    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
    TBD SH-51, Oilton, OK 74030
    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!