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    606 Kihekah Ave Pawhuska, OK 74056
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    Property profile & analytics

    606 Kihekah Ave, Pawhuska, OK 74056

    View on Map
    • Mixed-use properties
    • 2,460 SF
    • 0.72 lot acres
    Off-Market
    Property ID
    US69-1671233
    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

    • Osage Nation PRT / Medical Clinic
    • Feet Plus / Medical Clinic
    • Oklahoma Probation & Parole Division / Probation Office
    • Jennifer Mcglothlin / Counselor
    • Steven D Hawthorne / Counselor

    Property Details for 606 Kihekah Ave

    Year built
    1980
    Lot size
    0.72 lot acres
    Property type
    Mixed-use properties

    Description

    This exceptional mixed-use property, located at 606 Kihekah Avenue Unit 606 in the heart of Pawhuska, Oklahoma, presents a unique investment opportunity. Boasting 2,460 square feet of space on a 0.72-acre lot, this building is brimming with potential. Recent updates enhance its appeal and functionality. The interior features generously sized rooms, perfect for a variety of uses. A sizable kitchenette and multiple restrooms add to the convenience. One large room is currently configured as a sanctuary, showcasing the adaptability of the space. Ample parking is available both in the front and rear of the building, ensuring easy access for tenants and customers. Its prime downtown location guarantees high visibility and foot traffic, making it ideal for a diverse range of businesses or a combination of commercial and residential uses. The asking price is $344,900. This property offers a rare chance to acquire a well-maintained, versatile building in a thriving Oklahoma town. Don't miss this opportunity to bring your vision to life in this vibrant community. Contact us today to schedule a showing.

    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
    Pawhuska
    County
    Osage
    State
    Oklahoma
    Longitude
    -96.33934
    Latitude
    36.66476

    Comparable in this City

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    • $30,000
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      Oversized Lot in Pawhuska, OK

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    • $92,500
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      Historic Building in Downtown Pawhuska

      1925 brick building in vibrant downtown Pawhuska, Oklahoma.
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      Residential Lot in Pawhuska, OK

      Well-maintained building lot near Pawhuska schools.
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    • $340,000
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      Land with Ponds and Wildlife

      20.1 acres of land with ponds and abundant wildlife.
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    Similar Nearby for Sale

    • $340,000
      40.50 Acres

      Land with Ponds and Wildlife

      40.5 acres of land with ponds and wildlife.
      County Road 2561, Pawhuska, OK 74056
      View Details
    • $499,000
      47.00 Acres

      Pawhuska, OK Platted Lots

      47 platted lots ready for development near Osage Casino.
      Us Highway 60, Pawhuska, OK 74056
      View Details
    • Contact for pricing

      Residential Lot in Pawhuska, OK

      Well-maintained building lot near Pawhuska schools.
      316 E 13Th St, Pawhuska, OK 74056
      View Details
    • $340,000
      20.10 Acres

      Land with Ponds and Wildlife

      20.1 acres of land with ponds and abundant wildlife.
      County Road 2561, Pawhuska, OK 74056
      View Details
    • Contact for pricing
      227,275 SF

      Pawhuska Warehouse and Distribution Facility

      227,275 SF warehouse with ample parking in Pawhuska, OK.
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    • $30,000
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      Oversized Lot in Pawhuska, OK

      Prime location near Main Street with short-term rental potential.
      Prudom Ave, Pawhuska, OK 74056
      View Details
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    Pawhuska, OK 74056
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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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