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    OFF-MARKET
    Commercial real estate

    2 Council Rd, Blanchard, OK 73010

    0.77 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 0.77-acre commercial lot is situated at 2 N Council Road in the thriving Blanchard, Oklahoma community. Boasting a prime location directly on Highway 76 (Council Road), this property offers unparalleled visibility and accessibility. The area is experiencing significant growth, making it an ideal investment for a variety of commercial ventures. The property's strategic placement is further enhanced by its proximity to established businesses, including Liberty National Bank, numerous residential developments, retail stores, the post office, and three other banks within the town. This ensures a strong existing customer base and high foot traffic. The diverse zoning (C1, C2, C3, & C4) allows for a wide range of potential uses, including retail spaces, restaurants, medical offices, and professional lease offices. This flexibility provides significant development opportunities to tailor the property to meet specific business needs. The high-traffic count on Highway 76 guarantees substantial exposure, making this an exceptional opportunity for businesses seeking a prominent location in a rapidly expanding market. The property's size and location present a unique chance to establish a thriving commercial presence in the heart of Blanchard's burgeoning business district. The asking price is $230,000.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 0.77 ac (33,541 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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