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    3 Council Rd Blanchard, OK 73010

    For Sale
    $257,500

    High-traffic location, excellent development potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This 0.86-acre commercial lot presents a unique investment opportunity in the thriving Blanchard, Oklahoma community. Situated on heavily trafficked Highway 76 (Council Road), this property boasts exceptional visibility and accessibility. The area is experiencing significant growth, anchored by Liberty National Bank and surrounded by established residential neighborhoods, retail businesses, a post office, and three other banks. This prime location offers substantial potential for a variety of commercial ventures, including retail stores, restaurants, or medical offices. The property's zoning designation, encompassing C1, C2, C3, and C4 classifications, allows for diverse development options. The high volume of traffic on Highway 76 ensures consistent exposure for any business established on this site. This is an exceptional chance to capitalize on Blanchard's burgeoning economy and secure a prominent position in a rapidly expanding market. The property's strategic location and flexible zoning make it an ideal investment for entrepreneurs and developers seeking a high-impact commercial presence in a vibrant community. The asking price is $257,500. Serious inquiries are encouraged.

    Property Features for 3 Council Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    37,462 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Blanchard
    County
    McClain
    State
    Oklahoma
    Longitude
    -97.65316
    Latitude
    35.14738

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, excellent development potential.
    Where is this commercial real estate located?
    The property is located at 3 Council Rd Blanchard, OK.
    What is the asking price?
    The asking price for this property is $257,500.
    (405) 317-9542
    Request Owner's contact information
    3 Council Rd Blanchard, OK 73010
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    Blanchard, OK 73010
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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
    3 Council Rd Blanchard, OK 73010
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