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    And Newcastle, OK 73065

    For Sale
    $649,000

    7.52 Acres, High-Growth Area, Zoned C-N-1

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional 7.52-acre commercial property presents a unique investment opportunity in the thriving Newcastle, Oklahoma market. Strategically located on Highway 76, this parcel boasts 500 feet of prime road frontage, ensuring high visibility and accessibility. The property is situated adjacent to the upscale Pulchella neighborhood, a planned community designed for 220 homes, guaranteeing a substantial and affluent customer base. Currently zoned C-N-1 for neighborhood shopping district, this land is ideally suited for a variety of commercial ventures, including medical facilities, professional offices, or restaurants. The high-growth nature of Newcastle, coupled with its proximity to established residential areas, makes this a compelling proposition for developers seeking a prime location with significant future potential. Detailed plans for the Pulchella neighborhood are available upon request, providing further insight into the surrounding development and its projected impact on the property's value. This is a rare chance to acquire a substantial tract of land in a rapidly expanding area, poised for significant commercial growth. Don't miss this opportunity to secure a prime location in Newcastle's burgeoning commercial sector. The property's zoning and location offer a multitude of development possibilities, making it an attractive investment for both short-term and long-term growth.

    Property Features for And

    General Information

    Property type
    Other commercial real estate
    Lot Size
    327,571 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Newcastle
    County
    McClain
    State
    Oklahoma
    Longitude
    -97.65321
    Latitude
    35.24738

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    FAQs

    What type of property is this?
    Commercial real estate - 7.52 Acres, High-Growth Area, Zoned C-N-1
    Where is this commercial real estate located?
    The property is located at And Newcastle, OK.
    What is the asking price?
    The asking price for this property is $649,000.
    (405) 309-7477
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    And Newcastle, OK 73065
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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

    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
    And Newcastle, OK 73065
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