12014 State Highway 4 Watson, OK 74963
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
4 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.