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    Hwy 18 Hwy Chandler, OK 74834

    For Sale
    $750,000

    Prime 22.5-acre development opportunity.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional 22.5-acre commercial property boasts unparalleled highway frontage on Highway 18 in Chandler, Oklahoma. Strategically located just north of the Turner Turnpike entrance, this site presents a multitude of development possibilities. Imagine a thriving mixed-use development incorporating hotel accommodations, retail spaces, residential apartments, or a combination thereof. The property's proximity to the proposed turnpike exit and the newly constructed National Guard Armory ensures high visibility and accessibility, attracting significant traffic and potential clientele. The expansive acreage allows for substantial build-out, catering to large-scale projects. This offering represents a unique investment chance, particularly given its prime location and the potential for significant future growth. The sale price now includes an existing cell tower, generating immediate and ongoing income, adding considerable value to this already exceptional investment. This is a rare opportunity to acquire a large parcel of land with significant development potential in a rapidly growing area. Don't miss out on this chance to shape the future of Chandler's commercial landscape. The property's strategic location and diverse development possibilities make it an ideal investment for both short-term and long-term growth. The inclusion of the cell tower and its associated income stream further enhances the overall return on investment.

    Property Features for Hwy 18 Hwy

    General Information

    Property type
    Other commercial real estate
    Lot Size
    980,100 SF

    Building Details

    Year Built
    2023
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Chandler
    County
    Lincoln
    State
    Oklahoma
    Longitude
    -96.88365
    Latitude
    35.70996

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    FAQs

    What type of property is this?
    Commercial real estate - Prime 22.5-acre development opportunity.
    Where is this commercial real estate located?
    The property is located at Hwy 18 Hwy Chandler, OK.
    What is the asking price?
    The asking price for this property is $750,000.
    (405) 258-1324
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    Hwy 18 Hwy Chandler, OK 74834
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    Chandler, OK 74834
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    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

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    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
    Hwy 18 Hwy Chandler, OK 74834
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