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    7 7Th St Elgin, OK 73538

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    For Lease
    Contact for pricing

    Approximately 1.06 acres available for ground lease in Elgin, OK.

    Lot size:
    0.32 Acres

    Property Features for 7 7Th St

    General Information

    Lot size
    0.32 Acres

    Source: Insight Commercial Real Estate Brokerage, LLC Agent Melissa Busse

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

    Overview

    Elgin Land for Ground Lease

    This property offers approximately 1.06 acres available for ground lease, featuring 249 feet of frontage on Highway 277 in Elgin, Oklahoma. The owner is open to build-to-suit options. Situated adjacent to the intersection of Interstate 44 and Highway 277, the location is also near downtown Elgin and east of Lake Lawtonka and Lake Ellsworth. These lakes are popular recreational destinations for fishing, swimming, and camping. Elgin is experiencing growth in weaponry production, highlighted by the establishment of a BAE Systems Department of Defense manufacturing plant in 2019. The property already has utilities and is suitable for redevelopment. Nearby businesses include Arvest Bank, Braums Elgin Pharmacy, and Sonic Drive-in.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Elgin
    County
    Comanche
    State
    Oklahoma
    Longitude
    -98.298932
    Latitude
    34.781367

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    FAQs

    What type of property is this?
    Land - Approximately 1.06 acres available for ground lease in Elgin, OK.
    Where is this land located?
    The property is located at 7 7Th St Elgin, OK.
    What are key features of this property?
    This property features: - 1.06 acres for ground lease with **249 feet of frontage on Hwy 277**; - Owner will build to suit; - Adjacent to the intersection of Interstate 44 and Hwy 277
    (580) 353-6100
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    7 7Th St Elgin, OK 73538
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    Elgin, OK 73538
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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
    7 7Th St Elgin, OK 73538
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