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Property profile & analytics
OFF-MARKET
Commercial real estate

12014 State Highway 4 Watson, OK 74963

4,005 SF 77 ac lot Built 1972
Property ID
Property summary
AI-generated overview

This exceptional commercial opportunity encompasses a substantial 77-acre parcel located in Watson, Oklahoma, approximately one mile west of the Arkansas/Oklahoma state line. The property features a sizable 4,005 square foot building, previously operating as the KandleLite bar. This presents a unique chance for a variety of commercial ventures, given its generous size and expansive land. The sale includes not only the main bar building but also a conveniently situated 578 square foot apartment, offering additional potential for residential use, rental income, or staff housing. The property is being sold "as is," with the seller making no repairs. This presents a buyer with the flexibility to renovate and customize the space to perfectly suit their business needs and vision. The extensive acreage offers significant expansion possibilities, allowing for future development or simply providing ample room for parking, outdoor seating, or other supplementary uses. The strategic location near the state line provides convenient access to a wider customer base. This is a rare opportunity to acquire a substantial commercial property with significant potential in a desirable location. Serious inquiries are encouraged to explore the possibilities this property offers. The property is priced at $660,000.

Property profile
Verified
Property type Commercial real estate
Year built 1972
Total area 4,005 SF
Lot 77 ac (3,354,120 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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