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    Commercial Lp Elgin, OK 73538

    For Sale
    Contact for pricing

    Prime Oklahoma Commercial Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 218-acre commercial land parcel presents a unique owner-user opportunity in Elgin, Oklahoma's fastest-growing and safest city. Strategically located near I-44, just 15 minutes from Lawton/Ft. Sill and 70 miles south of Oklahoma City, this industrially zoned property boasts unparalleled visibility and accessibility. The site is part of an established industrial park, home to Bae Systems, Norman Plywood, and Dri Rite, ensuring a thriving business environment. All utilities are available, with existing streets and excellent visibility from the turnpike. The land is offered in minimum one-acre tracts, priced at $150,000 per acre, with pricing adjusted based on the amount of land purchased and its economic impact. Potential rail access adds further value to this prime location between two major Oklahoma cities. This is an exceptional investment opportunity for businesses seeking a strategic location with strong infrastructure and a supportive economic development authority. The Elgin Economic Development Authority is facilitating the sale, and while land is primarily for sale, lease options may be available. Recent sales in the park demonstrate strong market demand. This is a rare chance to acquire a significant land holding in a rapidly expanding area.

    Property Features for 0 Commercial Lp

    General Information

    Property type
    Land
    Lot Size
    9,496,080 SF

    HighLights

    • Price Available Upon Request
    • 218‑Acre Commercial Land Parcel in Elgin, OK
    • Commercially Zoned (Industrial) Single Lot
    • Owner‑User Sale; Minimum 1‑acre tracts available at $150,000/acre
    • Proposed Commercial Development; Excellent location near I‑44, Lawton, and Oklahoma City.
    • Industrially Zoned; Utilities available; Potential rail access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Elgin
    County
    Comanche
    State
    Oklahoma
    Longitude
    -98.3067324
    Latitude
    34.7771402

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - Prime Oklahoma Commercial Land
    Where is this land located?
    The property is located at Commercial Lp Elgin, OK.
    What are key features of this property?
    This property features: Price Available Upon Request; 218-Acre Commercial Land Parcel in Elgin, OK; Commercially Zoned (Industrial) Single Lot
    (580) 585-1304
    Request Owner's contact information
    Commercial Lp 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
    Commercial Lp Elgin, OK 73538
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