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Planned Mixed-Use Land with Highway Frontage
For Sale
$1,378,000

55900 E 280 Rd, Monkey Island, OK 74331

Large planned site with up to 98 homesites and commercial highway frontage for mixed-use development.

Property SizeContact for details
Lot Size42.39 Acres
Days on Market71

Property Features for 55900 E 280 Rd

General Information

Standard status Active
Lot size 42.39 Acres
Property subtype Land

Site & Location

Highway Access Yes
Road Access Yes

Taxes and HOA fees

Annual Taxes $5,486
Listing Agency: Keller Williams Realty Elite
Listed By: Ginger Richey · License #158888
Source: Exprealty
Added: May 30 Changed: Aug 8 Last Checked: Jul 16 at 4:11PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Elite

Investment Insights

Based on property information with market context.

This 42.39-acre development property is supported by a comprehensive subdivision engineering plan designed by Odyssey Engineering and Rose McCrary, P. C. The plan contemplates up to 98 residential homesites, along with approximately 6 acres of commercial highway frontage. Engineered plans are described as having full approval of all deemed required entities and are ready for application of building permits, providing a defined path toward entitlement and permitting.

The site is positioned in the growth corridor of Monkey Island and is identified as a high-visibility location. It is located near Shangri La Resort and is described as being just across South Highway 125 from a thriving marina offering lake access and full-service boating amenities, including boat slip rentals, as well as area restaurants and a market.

For developers, builders, and investors, the combination of residential density planning and dedicated commercial highway frontage supports a mixed-use approach on a single, engineered site. The presence of an approved engineering plan and the ability to move toward building-permit applications can help streamline early development steps for an operator looking to create a destination-oriented community in the Grand Lake area.

Key Highlights

  • 42.39‑acre development site in the Monkey Island growth corridor.
  • Subdivision engineering plan available, designed by Odyssey Engineering and Rose McCrary, P. C.
  • Plan provides up to 98 residential homesites.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

Demographics for 74331, OK

6,590
Population
6,183
Households
1.1
Avg Household Size
53
Median Age
21%
College-Educated
90%
High-School Grad
124.1 sq mi
ZIP Area
53
Density / Sq Mi
$58,307
Median Household Income
$35,531
Median Earnings
$884
Median Rent
$180,200
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Large planned site with up to 98 homesites and commercial highway frontage for mixed-use development.
Where is this residential land & home lot located?
The property is located at 55900 E 280 Rd Monkey Island, OK.
What is the asking price?
The asking price for this property is $1,378,000.
What are key features of this property?
This property features: 42.39‑acre development site in the Monkey Island growth corridor.; Subdivision engineering plan available, designed by Odyssey Engineering and Rose McCrary, P. C.; Plan provides up to 98 residential homesites.
More about this property
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