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    18290 Hwy Medicine Park, OK 73557

    For Sale
    $60,000

    0.1-Acre Lot, High-Traffic Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 0.1-acre commercial lot is strategically located on Highway 49 in Medicine Park, Oklahoma, a rapidly growing resort town. Priced at $60,000, this property presents a unique investment opportunity. Its prime location offers excellent visibility and accessibility, situated directly on Highway 49, ensuring high traffic exposure for any commercial venture. The lot is zoned for commercial use, simplifying the development process. The property boasts convenient access to essential utilities, making it ready for immediate development. Its proximity to established businesses, including Healthy Hippie and the Medicine Park Aquarium, provides a synergistic environment and potential for increased foot traffic. Furthermore, its location just before the entrance to the Wichita Mountains Wildlife Refuge offers a unique advantage, attracting tourists and locals alike. This property is ideal for a variety of commercial uses, capitalizing on the area's thriving tourism and recreational activities. The 0.1-acre size is perfect for smaller-scale commercial developments, offering a manageable and cost-effective entry point into the Medicine Park market. Don't miss this chance to own a piece of this vibrant and expanding community. Comanche County location and 73557 zip code.

    Property Features for 18290 Hwy

    General Information

    Property type
    Land
    Lot Size
    4,356 SF

    HighLights

    • High‑visibility location directly on Highway 49.
    • Excellent location near the rapidly growing resort town of Medicine Park.
    • High‑traffic area adjacent to Healthy Hippie and near the Medicine Park Aquarium.
    • Convenient access to the Wichita Mountains Wildlife Refuge.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Medicine Park
    County
    Comanche
    State
    Oklahoma
    Longitude
    -98.5226706
    Latitude
    34.7128819

    Nearby Comparable

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      Medicine Park Duplex Cabins

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    Nearby Similar for Sale

    • $950,000
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      Restaurant Opportunity in Medicine Park

      Restaurant with equipment on 1.25 acres in Medicine Park.
      230 E Lake Dr, Medicine Park, OK 73557
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    • $950,000
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      Medicine Park Bar & Grill

      Bar and grill with equipment on 1.25 acres for sale.
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    • $460,000
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      Medicine Park Duplex Cabins

      Fully furnished duplex in Medicine Park, Oklahoma, ready for Airbnb.
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    FAQs

    What type of property is this?
    Land - 0.1-Acre Lot, High-Traffic Location
    Where is this land located?
    The property is located at 18290 Hwy Medicine Park, OK.
    What is the asking price?
    The asking price for this property is $60,000.
    What are key features of this property?
    This property features: High-visibility location directly on Highway 49.; Excellent location near the rapidly growing resort town of Medicine Park.; High-traffic area adjacent to Healthy Hippie and near the Medicine Park Aquarium.
    (580) 357-2727
    Request Owner's contact information
    18290 Hwy Medicine Park, OK 73557
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    Medicine Park, OK 73557
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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
    18290 Hwy Medicine Park, OK 73557
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