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Commercial Land with Major Road Frontage
For Sale
$2,250,000

59 S Peebly Road, Newalla, OK 74857

LAND - Newalla, OK

Property SizeContact for details
Lot Size59.00 Acres
Days on Market178

Property Features for 59 S Peebly Road

General Information

Property type Land
Property subtype Other
Zoning Agriculture
Lot features Creek, Interior Lot, Pasture, Wooded
Elementary school Cleveland Intermediate ES
Middle school Cleveland MS
High school Cleveland HS
Elementary school district Cleveland
Middle school district Cleveland
High school district Cleveland
Directions From Interstate 40 and S Peebly Road go South 3.75 miles and property is on East Side before arriving on SE 134th Street.
Standard status Active
APN 59SPeebly74857
Lot size 59.00 Acres
Listing Agency: Keller Williams Realty Adv.
Listed By: Brian Merzlock · License #177528
Added: Feb 26 Changed: Jul 31 Last Checked: Aug 23 at 11:06AM
MLS# 1216347

Copyright © 2026 MLSOK, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This commercial land tract totals 59 acres across two raw-land tracts, zoned Agriculture. The property is positioned to support future development and offers development flexibility as the owner will divide upon accepted offer and entitlement. Private utilities are permitted.

The site is located in the Newalla area within Oklahoma City limits in Cleveland County, along the new corridor connecting Interstate 40 and Interstate 35. The property features over 660 feet of frontage on S Peebly Road, providing visibility and access flexibility. Public planning indicates it may be positioned as an early property off the new interchange along Interstate 335, with references to a proposed turnpike exit and access changes based on planning information that could change over time.

The tract’s scale, frontage, and planned connectivity make it well suited for developers looking for a large land control position in a transportation-growth corridor between OKC and Norman.

Key Highlights

  • 59 acres across two raw‑land tracts, zoned Agriculture
  • Over 660 feet of frontage on S Peebly Road
  • Located in the Newalla area within Oklahoma City limits in Cleveland County

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Auto Repair Shop

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

Location Intelligence

Trade Area within ½ mile

8
Businesses Nearby

Demographics for 74857, OK

9,981
Population
4,243
Households
2.4
Avg Household Size
42
Median Age
23%
College-Educated
87%
High-School Grad
58.3 sq mi
ZIP Area
171
Density / Sq Mi
$87,582
Median Household Income
$50,565
Median Earnings
$1,238
Median Rent
$174,600
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land zoned Agriculture with over 660 feet of frontage on S Peebly Road in the Newalla area.
Where is this commercial land located?
The property is located at 59 S Peebly Road Newalla, OK.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: 59 acres across two raw‑land tracts, zoned Agriculture; Over 660 feet of frontage on S Peebly Road; Located in the Newalla area within Oklahoma City limits in Cleveland County
More about this property
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