Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Us-77 Thackerville, OK 73459
    Back to Search
    Property profile & analytics

    Us-77, Thackerville, OK 73459

    View on Map
    • Land
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Us-77

    Property type
    Land

    Description

    This exceptional 87,120 square foot commercial land parcel presents a unique investment opportunity in Thackerville, Oklahoma. Situated just west of the renowned Winstar Casino, this 2-acre property boasts a highly desirable location with excellent visibility and accessibility. The land is zoned for rural commercial use, offering a versatile platform for a variety of development projects. Its flat terrain simplifies construction, and essential utilities, including water and electricity, are readily available. The property benefits from significant highway frontage along US Highway 77, ensuring high traffic exposure and convenient access for potential businesses. Its proximity to Interstate 35 and the Texas border further enhances its strategic location, providing access to a large regional market. This prime location, combined with the readily available utilities and flat buildable land, makes this an ideal site for businesses seeking high visibility and convenient access to major transportation routes. The asking price for this exceptional commercial land is $310,000. This represents a compelling investment opportunity in a rapidly growing area of Southern Oklahoma. The property is located in Love County, Oklahoma, with a zip code of 73459.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Thackerville
    County
    Love
    State
    Oklahoma
    Longitude
    -97.1434
    Latitude
    33.7924

    Comparable in this City

    • Value Estimation by Request
      87,120.00 Acres

      Us-77

      Land
      0 Us-77, Thackerville, OK 73459
      View Details
    • Value Estimation by Request
      2.00 Acres

      12233 Nashoba Rd

      Multifamily properties
      12233 Nashoba Rd, Thackerville, OK 73459
      View Details
    • Value Estimation by Request
      71.35 Acres

      22616 Us-77

      Farms
      22616 Us-77, Thackerville, OK 73459
      View Details
    • Value Estimation by Request
      150.00 Acres

      19015 Tabler Rd

      Land
      19015 Tabler Rd, Thackerville, OK 73459
      View Details
    • Value Estimation by Request
      23.50 Acres

      19394 Old Town Rd

      Farms
      19394 Old Town Rd, Thackerville, OK 73459
      View Details
    • Value Estimation by Request
      30.00 Acres

      Reed Rd

      Farms
      0 Reed Rd, Marietta, OK 73459
      View Details

    Similar Nearby for Sale

    • $972,000
      54.54 Acres

      Thackerville Land Near Winstar Casino

      54.54 acres of raw land near I-35.
      Gladney Lake Rd, Thackerville, OK 73459
      View Details
    • Contact for pricing

      Land Near Winstar Casino

      Two-acre vacant land parcel near Winstar Casino with highway frontage.
      21403 Us Highway 77, Marietta, OK 73459
      View Details
    • $125,000
      0.08 Acres

      Thackerville Vacant Land Near Casino

      Prime commercial land opportunity near WinStar World Casino & Resort.
      22995 Highway 77, Thackerville, OK 73459
      View Details
    • $990,000
      66.00 Acres

      Recreational Land Near Red River

      66 acres of recreational land near Winstar World Casino.
      Old Towne Rd, Thackerville, OK 73459
      View Details
    • New
      $799,000
      47.00 Acres

      Thackerville Land Investment Opportunity

      47 acres near I-35, ideal for development or ranching.
      1 White Rose Rd, Thackerville, OK 73459
      View Details
    • $22,780,000

      30 Acres Near Winstar Casino

      30 acres near Winstar Casino, ideal for development.
      Tbd Rogers Rd, Thackerville, OK 73459
      View Details
    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.
    Us-77
    Thackerville, OK 73459
    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
    Us-77, Thackerville, OK, 73459
    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!