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    1 Lakeview Commercial St Newcastle, OK 73065

    • Commercial real estate
    • 2.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 1 Lakeview Commercial St

    Year built
    1900
    Lot size
    2.00 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional offering presents a rare opportunity to acquire two adjacent commercial properties totaling two acres, boasting breathtaking lake views. Currently undergoing a lot split, the precise dimensions will be finalized shortly. Each parcel is individually priced at $210,000, or both can be purchased together for $410,000. This presents a compelling investment opportunity for developers or businesses seeking a high-visibility location with significant natural beauty. The properties are situated in Newcastle, OK, offering easy access to key transportation routes and amenities. The stunning lake views provide a unique and desirable setting for a variety of commercial ventures, from retail spaces to professional offices. The potential for development is significant, given the prime location and attractive landscape. The current listing price reflects the exceptional value and potential return on investment. Contact us today to learn more about this exciting opportunity and to receive the finalized lot dimensions once the survey is complete. Don't miss out on this chance to secure a piece of Newcastle's most desirable commercial real estate. Serious inquiries only.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Newcastle
    County
    McClain
    State
    Oklahoma
    Longitude
    -97.6134
    Latitude
    35.2329

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    1 Lakeview Commercial St
    Newcastle, OK 73065
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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
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