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    7347 Us Hwy, Unit 17 Elgin, OK

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    For Sale
    $950,000

    Land available for business venture with potential subleasing options.

    Lot size:
    1.57 Acres

    Property Features for 7347 Us Hwy

    General Information

    Lot size
    1.57 Acres

    Source: Oklahoma Department of Commerce Agent Lesli Crofford

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land Ready For Development

    This property presents a clean slate for developing a business venture. The existing house and barn are to be torn down by the buyer. An appraisal is available with a Letter of Intent. There is potential for subleasing the land surrounding the property. Additional acreage surrounding the property will be available for potential long-term lease in the near future.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Elgin
    County
    Comanche
    State
    Oklahoma
    Longitude
    -98.292273
    Latitude
    34.7803469

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    FAQs

    What type of property is this?
    Land - Land available for business venture with potential subleasing options.
    Where is this land located?
    The property is located at 7347 Us Hwy, Unit 17 Elgin, OK.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: - Clean slate property ideal for new construction, requiring teardown of existing structures.; - Opportunity for long-term lease of surrounding acreage in the near future.; - Potential for subleasing land surrounding the property.
    (405) 642-4610
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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
    7347 Us Hwy, Unit 17 Elgin, OK
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