1516 Ok-51 Wagoner, OK 74467
This exceptional 0.827-acre commercial land parcel presents a unique investment opportunity in Wagoner, Oklahoma. Located at 1516 OK-51, this property boasts 218 feet of frontage on Highway 51, ensuring high visibility and accessibility. Its strategic location offers immediate adjacency to a Walmart Supercenter, guaranteeing significant foot traffic and brand recognition. The surrounding area is anchored by a robust mix of national tenants, including McDonald's, Braum's, Taco Bell, Arby's, Starbucks, Burger King, Sonic, Taco Bueno, Arvest Bank, Walgreens, Tractor Supply, and QuikTrip, creating a thriving commercial environment. This property is ideal for build-to-suit (BTS) development, ground lease opportunities, or outright purchase. The property's size and location make it suitable for a variety of commercial uses, capitalizing on the high traffic volume and established commercial presence in the immediate vicinity. The address is verified as 1516 OK-51, Wagoner, OK 74467, within Wagoner County. This is a rare opportunity to acquire a highly visible and strategically located commercial land parcel in a rapidly growing area. Serious inquiries are encouraged.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 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.