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    10277 N 2130 Rd Foss, OK 73647
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    10277 N 2130 Rd Foss, OK 73647

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    • Grocery and convenience stores
    • 2,716 SF
    For Sale
    $635,000
    View Listing →
    Foss Lake Commercial Opportunity For Sale
    $635,000
    2,716 SF

    Foss Lake Commercial Opportunity

    Unique commercial property near Foss Lake with multiple income streams.

    10277 N 2130 Rd, Foss, OK 73647
    View Listing
    Property ID
    US69-1577967
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • B&K Bait House / Gas Station

    Property Details for 10277 N 2130 Rd

    Year built
    1980
    Property size
    2,716 SF
    Property type
    Grocery and convenience stores
    Property subtype
    Retail space

    Description

    This incredible property on Foss Lake is truly a one-of-a-kind opportunity for anyone looking to live and work in one of Oklahoma's most beautiful locations. It offers a convenience store, liquor store, boat storage, bait shop, RV park, and 3 homes, with breathtaking views of the surrounding landscape. Near the shores of Foss Lake, the convenience store and liquor store provide a wide variety of goods, including snacks, drinks, fishing supplies, gas and alcohol, making it the perfect stop for visitors to the area. It is the only convenience store on Foss Lake. There is 93 boat storage bays and bait shop provides added convenience for those looking to enjoy a day out on the water. For those looking to extend their stay, the RV park offers spacious campsites. The first home is a charming 2 bed, 2 bath, with 1,052 sqft. The other two homes would be perfect for an Airbnb! With multiple revenue streams and unlimited potential for growth, this property can be “your” one-of-a-kind opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Foss
    County
    Washita
    State
    Oklahoma
    Longitude
    -99.1119
    Latitude
    35.3981

    Comparable in this City

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      Commercial Building on Highway 44

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      Income-Producing Commercial Property For Sale

      Commercial property near Burns Flat High School with income potential.
      310 Hwy 44 Hwy, Foss, OK 73647
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    • $131,500

      Land Available Near Foss Lake

      Land for sale near Foss Lake, Oklahoma.
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      Foss, OK Corner Lot

      Corner lot with utilities, concrete runners, anchors, barn, and carport.
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    Similar Nearby for Sale

    • $124,000
      2,868 SF

      Commercial Building on Highway 44

      Commercial building on Highway 44 with potential for various businesses.
      221 S 44 Hwy, Burns Flat, OK 73647
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    • Contact for pricing
      4,800 SF

      Income-Producing Commercial Property For Sale

      Commercial property near Burns Flat High School with income potential.
      310 Hwy 44 Hwy, Foss, OK 73647
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    • $131,500

      Land Available Near Foss Lake

      Land for sale near Foss Lake, Oklahoma.
      2150 N 2150 Rd, Foss, OK 73647
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    • New
      $40,000
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      Foss, OK Corner Lot

      Corner lot with utilities, concrete runners, anchors, barn, and carport.
      112 E Main St, Foss, OK 73647
      View Details
    View Listing
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    Foss, OK 73647
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    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
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