14816 State Highway 20Skiatook, OK 74070

Property Details for 14816 State Highway 20

Year built

1987

Lot size

8.62 AC

Property size (Sq ft)

4,000 SF

Property type

Day care centers & nurseries

APN

26563

APU

26563

Description

This exceptional 8.62-acre mixed-use property in Skiatook, OK, boasts a 4,000 sq ft building with significant highway visibility. Located on State Highway 20, the property offers 690 feet of road frontage, ensuring high traffic exposure. Its proximity to Skiatook Lake makes it ideal for various commercial ventures, such as restaurants, convenience stores, or bait shops, catering to both local residents and lake visitors. The building features three restrooms, a fully equipped kitchen, and two 2019 HVAC systems. Outdoor amenities include two large commercial-grade playgrounds and approximately 500 feet of privacy fencing. A pond is situated on the property, with easy access to Skiatook Lake via the nearby Black Dog Bay boat ramp. The property also includes approximately 7,200 sq ft of boat and RV storage (20+ spaces), plus a barn with electric and concrete flooring, offering additional income potential. A private road ensures convenient access, and the rear of the property offers 364 feet of privacy bordering Corp of Engineers land. A well is present on the site, but its usability requires inspection. The main buildings are not located in a flood zone, although a small portion of the land is. All existing equipment is included in the sale. The property has passed all relevant state, fire marshal, and health inspections. A roadway agreement exists for right-of-way access related to an oil lease. This turnkey opportunity is perfect for a variety of businesses.

• CAP approach

  CAP return

  Valuation

  6%

  $375,990

  6.5%

  $347,068

  7%

  $322,277

• Comparable approach

  Method

  Valuation

  Relative Method

  $329,038

  Geo Method

  $329,038

• Alternative Use

  Use

  Valuation

  Residential

  $440,270

  Hospitality

  $403,285

  Educational

  $335,529

  Medical

  $347,068

  Retail

  $521,934

Location Insight

City

Skiatook

County

Osage

State

Oklahoma

Latitude

36.3742

Longitude

-96.1963

CBSA code

46140

CBSA name

TULSA, OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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