Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    117 Observation Rd Medicine Park, OK 73557

    New
    For Sale
    Contact for pricing

    RESIDENTIAL - Medicine Park, OK

    Type:Single Family Residence
    Days on Market:
    4
    Last Refresh:
    Dec 14 at 8:06 am

    Property Features for 117 Observation Rd

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    Zoning
    R-1 Single Family
    Exterior features
    None

    Building Details

    Architectural style
    Other

    Real Estate Sales Professionals Inc (BO) (580) 248-8800 [email protected]

    Listing agent PAMELA MARION (580) 248-8800

    Listing date Dec 11, 2025

    MLS# 170198 Listing URL

    Copyright © 2025 Lawton Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Lot with Mountain Views

    This residential lot is located in Medicine Park, Oklahoma. The property is zoned R-1 Single Family. It offers views of the mountains and is a short walk to the amenities and festivities of downtown Medicine Park. The lot is located on Observation Road.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Food Market Hair Salon Women's Store Bakery Smoke and Vape Shop Wine and Liquor Store Clothing Store Nail Salon Arcade & Gaming Center Italian Restaurant

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Medicine Park
    County
    Comanche
    State
    Oklahoma
    Longitude
    -98.5024
    Latitude
    34.7292

    Nearby Similar for Sale

    • $950,000
      1,044 SF

      Restaurant Opportunity in Medicine Park

      Restaurant with equipment on 1.25 acres in Medicine Park.
      230 E Lake Dr, Medicine Park, OK 73557
      View Details
    • $950,000
      1.25 Acres

      Medicine Park Bar & Grill

      Bar and grill with equipment on 1.25 acres for sale.
      230 East Lake Dr, Medicine Park, OK 73557
      View Details
    • $460,000
      Pending

      Medicine Park Duplex Cabins

      Fully furnished duplex in Medicine Park, Oklahoma, ready for Airbnb.
      115 N Sheridan, Medicine Park, OK 73557
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Residential lot near Medicine Park amenities with mountain views.
    Where is this residential land & home lot located?
    The property is located at 117 Observation Rd Medicine Park, OK.
    What is the asking price?
    The asking price for this property is $27,500.
    What are key features of this property?
    This property features: - Hill views of mountain; - Lot is suitable to build a home; - Short walk to downtown Medicine Park
    (580) 248-8800
    Request Owner's contact information
    117 Observation Rd Medicine Park, OK 73557
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    117 Observation Rd
    Medicine Park, OK 73557
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    117 Observation Rd Medicine Park, OK 73557
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.