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    Memorial Dr Owasso, OK 74055

    Sponsored
    For Sale
    $2,349,000

    Prime Commercial Land, Highway Access, Owasso, OK

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 46.98-acre commercial land parcel presents a unique investment opportunity in the thriving Owasso, Oklahoma market. Strategically located at the northeast corner of 76th Street North and North Memorial Drive, this property boasts convenient access to major transportation arteries, including Highway 75 and Highway 169. Its proximity to Cherokee Industrial Park and the west side of downtown Owasso positions it ideally for a variety of commercial developments. Currently zoned for agricultural use, the property is designated for commercial development within the Owasso 2035 Land Use Master Plan, signifying future growth potential. The expansive lot size offers significant flexibility for large-scale projects, catering to diverse commercial needs. This prime location, coupled with its accessibility and future zoning prospects, makes this a compelling investment for developers and businesses seeking a strategic foothold in Owasso's dynamic commercial landscape. The property's address is NEC 76th Street North & North Memorial Drive, Owasso, OK 74055, within Tulsa County. The asking price for this significant land holding is $2,349,000.

    Property Features for 0 Memorial Dr

    General Information

    Property type
    Land
    Lot Size
    2,046,449 SF

    HighLights

    • $2,349,000 asking price.
    • 46.98‑acre commercial land parcel.
    • Located at the northeast corner of 76th Street North & North Memorial Drive, Owasso, OK 74055.
    • Convenient access to Highways 75 and 169.
    • Near Cherokee Industrial Park and west of downtown Owasso.
    • Currently zoned Agricultural, but designated Commercial in the Growasso 2035 Land Use Master Plan.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Owasso
    County
    Tulsa
    State
    Oklahoma
    Longitude
    -95.8839934
    Latitude
    36.2640406

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, Highway Access, Owasso, OK
    Where is this land located?
    The property is located at Memorial Dr Owasso, OK.
    What is the asking price?
    The asking price for this property is $2,349,000.
    What are key features of this property?
    This property features: $2,349,000 asking price.; 46.98-acre commercial land parcel.; Located at the northeast corner of 76th Street North & North Memorial Drive, Owasso, OK 74055.
    (918) 344-9904
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    Memorial Dr Owasso, OK 74055
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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

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    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.

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    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
    Memorial Dr Owasso, OK 74055
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