1107 W Gentry Avenue
About This Property
Excellent commercial land opportunity located just off Highway 69 near the highly traveled intersection of I-40 and Highway 69 in Checotah, Oklahoma. This property sits near the main Checotah exit and is positioned between established national and regional retailers, including Taco Bell and Charlie's Chicken, providing outstanding exposure and built-in traffic flow.
With strong daily traffic counts, exceptional visibility, and easy access from major transportation corridors, this site offers an ideal setting for a variety of commercial uses, including retail, restaurant, or service-oriented businesses. The surrounding area is well developed with successful neighboring businesses, creating a proven commercial environment for future growth.
A rare opportunity to secure highway-adjacent commercial land in one of Checotah's most active and desirable business corridors.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 21, 2026 | Price Decreased |
$399,999
↓ $50K
(11.1%) | |
| Price Decreased | |||
| Jun 5, 2026 | Listed by eXp Realty, LLC | $449,999 | |
| Listed by eXp Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017