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    5884 Arena Dr Sperry, OK 74073

    For Sale
    $1,575,000

    Massive Arena, RV Park, & More!

    Property size:
    54,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 28.8-acre Osage County property presents a unique investment opportunity. The property boasts a substantial 54,000 sq ft arena, complete with bleachers, a concession stand, sound system, and electronic timers, ideal for diverse events like concerts, auctions, and competitions. Sixteen established RV spots, a dump station, and an 874 sq ft restroom facility cater to campers and travelers. The property also includes half of a large stocked pond, enhancing its appeal and providing a picturesque setting for outdoor activities. Conveniently located approximately 20 minutes from Cross Timbers Marina on Skiatook Lake, 43 minutes from Bartlesville, 16 miles from Owasso, and 15 minutes from Tulsa International Airport, this location offers easy access and high visibility. The seller is offering $30,000 in concessions towards the construction of horse stalls, adding further potential for expansion and revenue generation. This versatile property offers significant income potential through various avenues, making it an attractive investment for entrepreneurs seeking a high-return venture. The combination of the arena, RV park, and ample space creates a truly unique and lucrative opportunity.

    Property Features for 5884 Arena Dr

    General Information

    Property type
    Investment properties
    Square Feet
    54,000 SF
    Lot Size
    1,254,528 SF

    Building Details

    Year Built
    2007
    Property Profile Location Intelligence

    Current Use by Public Records

    Investment properties

    Map

    City
    Sperry
    County
    Osage
    State
    Oklahoma
    Longitude
    -96.05579
    Latitude
    36.27271

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    FAQs

    What type of property is this?
    Investment property - Massive Arena, RV Park, & More!
    Where is this investment property located?
    The property is located at 5884 Arena Dr Sperry, OK.
    What is the asking price?
    The asking price for this property is $1,575,000.
    (405) 415-5977
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    5884 Arena Dr Sperry, OK 74073
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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.

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    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.

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

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    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
    5884 Arena Dr Sperry, OK 74073
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