Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    8891 Pine St Guthrie, OK 73044

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    8891 Pine St Guthrie, OK 73044

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

    Current Use by Public Records

    • Land

    Property Details for 8891 Pine St

    Lot size
    150.00 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 150-acre property in Logan County, Oklahoma, presents a unique investment opportunity. Located near Guthrie, OK, with convenient access to I-35, this land boasts prime visibility and easy commutes to Edmond and Oklahoma City. Currently utilized for hunting, the property's zoning permits commercial development, opening doors to a wide range of possibilities. The asking price is $2,000,000, translating to $13,333 per acre. The land's visually appealing landscape, coupled with its serene surroundings, makes it ideal for outdoor enthusiasts. Its expansive size allows for the construction of a dream home or the development of a significant investment property. The address is 8891 S Pine St, Guthrie, OK 73044. This property offers substantial potential for future growth and is being offered for sale by owner. The property's location provides excellent access to major transportation routes, making it an attractive option for both residential and commercial ventures. The combination of its agricultural use, recreational potential, and commercial zoning makes this a versatile and highly desirable property. Don't miss this chance to acquire a significant land holding with exceptional growth potential in a rapidly developing area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Guthrie
    County
    Logan
    State
    Oklahoma
    Longitude
    -97.4072
    Latitude
    35.7877

    Comparable in this City

    • Value Estimation by Request
      32.00 Acres

      Westminster Blvd

      Farms • 32.00 Acres
      0 Westminster Blvd, Guthrie, OK 73044
      View Details
    • Value Estimation by Request

      115 Rush Rd

      Distribution properties
      115 Rush Rd, Guthrie, OK 73044
      View Details
    • Value Estimation by Request

      135 Rush Rd

      Land
      135 Rush Rd, Guthrie, OK 73044
      View Details
    • Value Estimation by Request
      3,650 SF

      6500 Marie Ln

      FARM SUPPLY & EQUIPMENT • 3,650 SF
      6500 Marie Ln, Guthrie, OK 73044-9079
      View Details
    • Value Estimation by Request
      4,800 SF

      Guthrie, OK 73044

      FARM SUPPLY & EQUIPMENT • 4,800 SF
      Guthrie, OK 73044
      View Details
    • Value Estimation by Request
      5,700 SF

      8248 Sooner Rd

      FARM SUPPLY & EQUIPMENT • 5,700 SF
      8248 Sooner Rd, Guthrie, OK 73044
      View Details

    Similar Nearby for Sale

    • $1,855,000
      53.00 Acres

      53 Acres Near Lazy E Arena

      53 acres of agricultural land near Lazy E Arena.
      000000 Westminster/Forrest Hl Land, Guthrie, OK 73044
      View Details
    • $2,278,000
      120.00 Acres

      120 Acres Equestrian/Recreational Land

      120 acres in Arcadia/Guthrie, OK, ideal for equestrian or recreation.
      1 S Anderson Rd, Guthrie, OK 73044
      View Details
    • $1,062,000
      Pending

      Guthrie OK Land Parcels

      Scenic 1-acre lots near I-35 & Lazy E Arena.
      005 S Midwest Blvd, Guthrie, OK 73044
      View Details
    • $340,000
      24.00 Acres

      Guthrie Land with Creek

      24-acre property with creek, ideal for recreation and animals.
      24 S Westminster Blvd, Guthrie, OK 73044
      View Details
    • $180,000
      5.00 Acres

      Land Near Lazy E Arena

      Acreage options near I-35, ideal for horse lovers.
      0011 S Post Rd, Guthrie, OK 73044
      View Details
    • $1,200,000
      40.00 Acres

      Expansive 40-Acre Land Opportunity

      40 acres near Lazy E, ideal for various ventures.
      0003 S Post Rd, Guthrie, OK 73044
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Land Near Interstate I-35

      Up to 2 acres of land available for rent.
      1907 E Oklahoma Ave, Guthrie, OK 73044
      View Details
    • Contact for pricing

      Versatile Mixed-Use Property in Guthrie

      Mixed-use property in Guthrie, Oklahoma, suitable for various businesses.
      2230 S Division St, Guthrie, OK 73044
      View Details
    • Contact for pricing
      20,000 SF

      Guthrie Warehouse Space Available

      20,000 square feet of warehouse space for lease.
      900 N 4Th St, Guthrie, OK 73044
      View Details
    • $12 SF/Yr

      Retail Space Near Walmart

      Retail space for rent in First Capital Square Shopping Center.
      1726 S Division St, Guthrie, OK 73044
      View Details
    • $5,000 /Mo
      6,000 SF

      Guthrie Warehouse with Office Space

      6,000 SF warehouse with office near Highway 33.
      5286 Highway 33 NE, Guthrie, OK 73044
      View Details
    • $4 SF/Yr
      31,248 SF

      Guthrie Industrial Space For Lease

      Large industrial space; ample parking; great location.
      326 College Ave, Guthrie, OK 73044
      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.
    8891 Pine St
    Guthrie, OK 73044
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!