621 E Delaware Ave Nowata, OK 74048
Excellent property for hybrid business and residential use! This property is zoned restricted residential but can have various uses including retail/office/commercial/light industrial with Nowata County. Presently, the building is a 2 bedroom 1 bath residence with large kitchen and living room/gam ... e room. Perfect for Work, Live, Store and Play. Property was once an auction house and prior to that a tavern. Presently used as a residence and trade business. Property has 10' to 12' ceilings with numerous overhead door possibilities. This is perfect for a small business or trade professionals looking to be within 220' of 5,000 - 5,500 cars per day (AADT on US Hwy 169 per ODOT). An excellent investment opportunity within 220' feet from US Highway 169 and Loves Service Station - an ideal location for business, family or both! There is a 20' x 30' garage/storage area in the back. Please see photos for present room layout as home but building is very dynamic and can be used for light industrial or commercial C-1 use per County. Please Note: The red metal shed in back does not convey.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.