Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    13534 Ok 51 Coweta, OK 74429
    Back to Search
    Property profile & analytics

    13534 Ok 51, Coweta, OK 74429

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

    Current Use by Public Records

    • Land

    Property Details for 13534 Ok 51

    Lot size
    4.46 lot acres
    Property type
    Land

    Description

    This exceptional 4.46-acre commercial land parcel presents a unique investment opportunity in Coweta, Oklahoma. Located at 13534 OK 51 in Wagoner County, zip code 74429, this unplatted property boasts high visibility and accessibility, with an estimated 16,000 cars passing daily. The asking price is $1,553,824, translating to $8 per square foot. The land encompasses approximately 194,228 square feet. This prime location offers significant advantages for developers and businesses seeking a strategic foothold in a thriving area. Essential utilities, including sewer, water, gas, and electric services, are readily available on or near the site, simplifying development plans and reducing infrastructure costs. The property's size and location make it ideal for a variety of commercial ventures, offering substantial potential for future growth and return on investment. Its strategic positioning ensures high visibility and convenient access for customers and employees alike. Don't miss this chance to acquire a substantial commercial land parcel in a high-traffic area with excellent utility access.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Coweta
    County
    Wagoner
    State
    Oklahoma
    Longitude
    -95.6585
    Latitude
    35.967

    Comparable in this City

    • Value Estimation by Request
      4.36 Acres

      27970 Ok-51

      Land
      27970 Ok-51, Coweta, OK 74429
      View Details
    • Value Estimation by Request
      276 SF

      68615 141st S St

      COMMERCIAL (GENERAL)
      68615 141st S St, Coweta, OK 74429
      View Details
    • Value Estimation by Request
      2.02 Acres

      28342 141st S St

      COMMERCIAL (GENERAL)
      28342 141st S St, Coweta, OK 74429-6581
      View Details
    • Value Estimation by Request
      18.56 Acres

      Coweta, OK 74429

      VACANT COMMERCIAL LAND
      Coweta, OK 74429
      View Details
    • Value Estimation by Request
      0.90 Acres

      Coweta, OK 74429

      VACANT COMMERCIAL LAND
      Coweta, OK 74429
      View Details
    • Value Estimation by Request
      0.11 Acres

      Coweta, OK 74429

      VACANT COMMERCIAL LAND
      Coweta, OK 74429
      View Details

    Similar Nearby for Sale

    • New
      $160,000
      Pending

      Land with Development Potential

      2.3 acres of land with no restrictions near Coweta, OK.
      11345 S 285 Ave E, Coweta, OK 74429
      View Details
    • $158,000
      Pending

      18 Acres Wooded Land

      Unique 18-acre wooded land with mature trees and creek.
      221St East Ave, Tullahassee, OK 74429
      View Details
    • Contact for pricing

      5 Acres of Land

      5 acres of land available for sale.
      29360 E 121St St S, Coweta, OK 74429
      View Details
    • Contact for pricing

      22 Acres in Coweta Heart

      22 acres in Coweta, OK, ideal for development or home.
      22 S 326 East Ave, Coweta, OK 74429
      View Details
    • $360,000
      Pending

      Land Available in Wagoner County

      Land for sale in Wagoner County, Oklahoma.
      23574 E 161St St S, Coweta, OK 74429
      View Details
    • $360,000
      Pending

      20 Acres Land in Coweta

      20 acres (m/l) in Coweta, Oklahoma with possibilities.
      23574 E 161St St S, Coweta, OK 74429
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Commercial Land for Lease

      Land with easy highway access, suitable for flex or storage.
      315 E Oak St, Coweta, OK 74429
      View Details
    • Contact for pricing

      Retail Space Available For Rent

      Retail spaces available, ranging from 1,200 to 1,600 SqFt.
      11319s State Highway 51 E, Coweta, OK 74429
      View Details
    • Contact for pricing
      2,400 SF

      Retail Endcap with Drive-Thru

      Retail space with drive-thru and existing equipment.
      11319 State Highway 51 S, Coweta, OK 74429
      View Details
    • Contact for pricing
      5,000 SF

      Retail Space in Coweta, Oklahoma

      5,000 square foot retail space available for rent.
      12055 Oklahoma 51, Coweta, OK 74429
      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.
    13534 Ok 51
    Coweta, OK 74429
    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
    13534 Ok 51, Coweta, OK, 74429
    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!