28823 State Highway 112 Poteau, OK 74953
Estimated payment $1,048/month
Highlights
- 2.45 Acre Lot
- Poteau Primary Elementary School Rated A-
- Level Lot
About This Lot
Prime Commercial Land on State Highway 112 – 2.45 Acres Just Outside Poteau, OK
Strategically located just minutes from Poteau and only 30 minutes to Fort Smith, AR, this 2.45-acre tract offers exceptional visibility and accessibility on busy State Highway 112. Traffic count 15,000 per day. Surrounded by established businesses and situated outside city limits, this property is ready for development with water and electric already on site. Whether you're planning a retail center, office complex, service business, or investment venture, this location offers high traffic exposure and strong growth potential in a thriving commercial corridor. Listing does not include storage facility-only land in front of it per survey attached to listing.
Property Details
Property Type
- Land
Est. Annual Taxes
- $423
Lot Details
- 2.45 Acre Lot
- Property fronts a highway
- Level Lot
- Open Lot
- Cleared Lot
Schools
- Poteau Elementary And Middle School
- Poteau High School
Additional Features
- Outside City Limits
- Septic Needed
Listing and Financial Details
- Assessor Parcel Number 0000-01-07N-25E-0-050-00
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $423 | $4,730 | $4,730 | $0 |
| 2023 | $423 | $28,787 | $13,924 | $14,863 |
| 2022 | $3,465 | $38,717 | $21,478 | $17,239 |
| 2021 | $2,783 | $38,717 | $21,478 | $17,239 |
| 2020 | $3,961 | $44,194 | $21,478 | $22,716 |
| 2019 | $4,042 | $44,967 | $21,478 | $23,489 |
| 2018 | $3,895 | $45,662 | $21,478 | $24,184 |
| 2017 | $3,792 | $44,252 | $21,478 | $22,774 |
| 2016 | $3,983 | $46,899 | $21,478 | $25,421 |
| 2015 | $3,985 | $46,022 | $21,478 | $24,544 |
| 2014 | $4,079 | $46,698 | $21,478 | $25,220 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/28/2025 04/28/25 | For Sale | $185,000 | -84.6% | -- |
| 12/21/2023 12/21/23 | Sold | $1,200,000 | -15.8% | -- |
| 11/21/2023 11/21/23 | Pending | -- | -- | -- |
| 01/17/2023 01/17/23 | For Sale | $1,425,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $775,000 | Old Republic National Title | |
| Quit Claim Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $354,044 | New Conventional | |
| Open | $780,000 | Credit Line Revolving | |
| Previous Owner | $975,000 | Future Advance Clause Open End Mortgage |
Source: Western River Valley Board of REALTORS®
MLS Number: 1080678
APN: 0000-01-07N-25E-0-050-00
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