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    926 Main St Velma, OK 73491

    • Land
    • 1.50 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 926 Main St

    Lot size
    1.50 lot acres
    Property type
    Land

    Description

    This exceptional 1.5-acre commercial land parcel is ideally situated at 926 Main Street in Velma, Oklahoma, offering significant development potential. Priced at $149,000, this property boasts approximately 235 feet of frontage on Main Street, providing excellent visibility and accessibility. The lot is zoned for commercial use and features ample parking for 15 vehicles. Its strategic location is a quarter-mile from Highway 7, a major thoroughfare with a high volume of daily traffic (3,800 vehicles per day), ensuring significant exposure for any future business. Utilities are conveniently located nearby. The property's proximity to Velma-Alma Public Schools adds to its appeal. This raw land is ready for immediate development and is surrounded by established commercial neighbors, including Nichols Drive Inn, Velma Tag Agency, Chuckwagon Bar-B-Que & Grill, Simple Simon's Pizza, Family Dollar, and Jenkins Pump & Supply. The property's APN is 690028861. This presents a unique opportunity for investors and entrepreneurs seeking a prime location to establish a thriving business in a growing community. Contact us today to learn more about this exceptional property.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Velma
    County
    Stephens
    State
    Oklahoma
    Longitude
    -97.6695
    Latitude
    34.4512

    Comparable in this City

    • Value Estimation by Request

      Velma, OK 73491

      VACANT COMMERCIAL LAND
      Velma, OK 73491
      View Details
    • Value Estimation by Request
      424 SF

      945 Main St

      OFFICE BUILDING • 424 SF
      945 Main St, Velma, OK 73491
      View Details
    • Value Estimation
      $285,000
      3,600 SF

      935 Main St

      WAREHOUSE, STORAGE • 3,600 SF
      935 Main St, Velma, OK 73491
      View Details
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    926 Main St
    Velma, OK 73491
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    Realmo Value Estimation

    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.

    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.

    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
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