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Property profile

5884 Arena Dr Sperry, OK 74073

OFF-MARKET
Investment properties
54,000 SF 28.8 ac lot Built 2007
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Property summary

AI-generated overview

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 profile

Verified
Property type Investment properties
Year built 2007
Total area 54,000 SF
Lot 28.8 ac (1,254,528 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5884 Arena Dr Sperry, OK 74073
Sperry metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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