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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2067 Mississippi Ave Atoka, OK 74525

    • Commercial real estate
    • 13.60 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US69-2116210
    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.

    Current Use by Public Records

    • Casey's / Pizza Delivery / Convenience Store

    Property Details for 2067 Mississippi Ave

    Lot size
    13.60 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 13.6-acre commercial land parcel presents a unique investment opportunity in Atoka, Oklahoma. Strategically located on South Mississippi Avenue, this property boasts over 400 feet of direct frontage on Highway 69/75, ensuring high visibility and accessibility. Zoned for commercial use, the possibilities are vast, making it ideal for a wide range of developments. The expansive lot size offers ample space for substantial projects, catering to businesses seeking significant land area for operations or expansion. Situated in a rapidly growing city, this property benefits from a dynamic and thriving local economy. Its prime location and substantial size make it a highly desirable asset for investors and developers seeking a significant presence in Atoka. The asking price is $990,000. The property's address is 2067 S Mississippi Ave, Atoka, OK 74525, located in Atoka County. This is a rare opportunity to acquire a large tract of commercial land in a rapidly developing area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Atoka
    County
    Atoka
    State
    Oklahoma
    Longitude
    -96.143724
    Latitude
    34.364645

    Comparable in this City

    • Contact for pricing
      162.51 Acres

      Atoka, OK Commercial Land

      Highway 75 development opportunity. High traffic, Walmart & Starbucks nearby.
      0 Mississippi Ave & Wallace Ln, Atoka, OK 74525
      View Details
    • $715,000

      Versatile Ranch Property in Antlers, OK

      Ranch property with cattle facilities, hunting land, and fixer-upper home.
      1900 Nelson, Antlers, OK 74525
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    • $208,000
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      Pasture Land with Pond and Trees

      28+ acres of pasture land, pond, and mature trees.
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    • $600,000
      40.00 Acres

      Prime Vacant Land in Atoka

      40-acre property with hilltop views, ideal for commercial development.
      Highway 3 E, Atoka, OK 74525
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    • $360,000
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      Partially Wooded Land with Shop

      40 acres of land with insulated shop near Lake McGee.
      000 S Farris Rd, Atoka, OK 74525
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    • $225,000
      15.00 Acres

      Atoka Vacant Land For Sale

      15 acre vacant land ideal for building or investment.
      0000 State Hwy 7, Atoka, OK 74525
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      162.51 Acres

      Atoka, OK Commercial Land

      Highway 75 development opportunity. High traffic, Walmart & Starbucks nearby.
      0 Mississippi Ave & Wallace Ln, Atoka, OK 74525
      View Details
    • $715,000

      Versatile Ranch Property in Antlers, OK

      Ranch property with cattle facilities, hunting land, and fixer-upper home.
      1900 Nelson, Antlers, OK 74525
      View Details
    • $208,000
      28.65 Acres

      Pasture Land with Pond and Trees

      28+ acres of pasture land, pond, and mature trees.
      Folsom Rd, Caney, OK 74525
      View Details
    • $600,000
      40.00 Acres

      Prime Vacant Land in Atoka

      40-acre property with hilltop views, ideal for commercial development.
      Highway 3 E, Atoka, OK 74525
      View Details
    • $360,000
      40.00 Acres

      Partially Wooded Land with Shop

      40 acres of land with insulated shop near Lake McGee.
      000 S Farris Rd, Atoka, OK 74525
      View Details
    • $225,000
      15.00 Acres

      Atoka Vacant Land For Sale

      15 acre vacant land ideal for building or investment.
      0000 State Hwy 7, Atoka, OK 74525
      View Details
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    2067 Mississippi Ave
    Atoka, OK 74525
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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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