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Property profile & analytics
OFF-MARKET
Specialty properties

23849 864 Rd Welling, OK 74471

1,616 SF 1.3 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.3-acre commercial property in Welling, Oklahoma, presents a unique investment opportunity near Lake Tenkiller. Priced at $150,000, this property boasts a 1,616 square foot metal building situated on a slab foundation, ensuring durability and longevity. The land is comprised of three separate lots, offering ample space for expansion or the development of multiple businesses. Its strategic location provides easy access to both local residents and the significant tourist traffic drawn to Lake Tenkiller. The property's infrastructure is well-established, featuring two wells and two septic tanks, ready to support a variety of commercial ventures. Ideal uses could include outdoor recreation businesses, storage facilities, service shops, or retail establishments catering to the lake's vibrant tourism. The rural setting offers a tranquil atmosphere while maintaining convenient access to the area's amenities. This versatile property is a rare find, combining prime location with substantial infrastructure, making it an excellent investment for entrepreneurs seeking a thriving commercial presence in a desirable location. Directions from Hwy 82: Turn left onto Hwy 100, right onto S. 566 Road, and left onto E. 864 Road. The property is on the right. The property is located in Cherokee County, Oklahoma, zip code 74471.

Property profile
Verified
Property type Specialty properties
Total area 1,616 SF
Lot 1.3 ac (56,759 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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