Excellent investment opportunity in the heart of Panama, Oklahoma! This offering includes six cleared lots totaling approximately .5 acre, ready for development. Ideal for a new home, mobile home, duplexes, or apartments. All utilities are available at the road. Priced to sell at $19,500.
9.96 Acres – Perfect for Your Dream Home or Homestead Near Poteau, OK! Discover your ideal country retreat with this 9.96 surveyed-acre property offering the perfect blend of privacy, nature, and possibility. Nestled in a peaceful rural setting, this gently rolling land features a small open area surrounded by beautiful scattered timber—ideal for creating a private homesite tucked within the trees. You’ll love the true country feel here—quiet, secluded, and surrounded by nature. From within the woods, you can’t see a neighbor, offering the peace and privacy every homesteader dreams of. The property is partially fenced and includes a recorded easement for driveway access. Utilities: Electricity is available at the street. A septic system and water well will be needed, and rural water availability off 235th can be verified. Located just 20 minutes from Poteau, 34 minutes to Fort Smith, and 30 minutes to Sallisaw/I-40, this property combines convenience with country living—perfect for building your forever home, starting a small farm, or creating a self-sufficient lifestyle.

Panama is located in Oklahoma. Panama, Oklahoma has a population of 1,327. Panama is less family-centric than the surrounding county with 19.79% of the households containing married families with children. The county average for households married with children is 28.19%.
The median household income in Panama, Oklahoma is $41,908. The median household income for the surrounding county is $43,049 compared to the national median of $69,021. The median age of people living in Panama is 33.1 years.
The average high temperature in July is 93 degrees, with an average low temperature in January of 27.3 degrees. The average rainfall is approximately 47.9 inches per year, with 2.7 inches of snow per year.