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    18681 59Th St Oklahoma City, OK 74857

    Sponsored
    For Sale
    $330,000

    Prime development land near Kickapoo Turnpike.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 23.48-acre parcel, located at 18681 SE 59th St, Oklahoma City, OK 74857, presents a remarkable opportunity for residential development. Zoned A/R (Agricultural/Residential), this property is ideally situated just off the Kickapoo Turnpike, offering convenient access to city amenities while maintaining a tranquil, rural atmosphere. Currently permitting single-family homes on lots up to 5 acres, with potential for rezoning to allow for smaller lots. The land boasts existing on-site electricity, simplifying development plans. Future connections to septic sewer and well water are feasible. The location is highly desirable, situated near established residential communities and within close proximity to essential services such as Braum's, Harps Food Store, Sonic, Dollar Tree, and The Wes Watkins Campgrounds. Furthermore, its proximity to Tinker Air Force Base (15 miles) and Downtown Oklahoma City (22 miles) enhances its appeal and investment potential. This property is perfect for developers seeking to create a thriving community catering to those seeking a blend of city convenience and suburban tranquility. The APN is 16-867-2910. The asking price is $330,000.

    Property Features for 18681 59Th St

    General Information

    Property type
    Farms
    Lot Size
    1,022,789 SF

    HighLights

    • Excellent development opportunity for single‑family homes, appealing to buyers seeking city convenience.
    • Ideal for 1‑5 acre single‑family home lots.
    • Conveniently located off the Kickapoo Turnpike.
    • On‑site electricity; septic and well water options available.
    • Near established residential communities.
    • 15 miles to Tinker AFB, 22 miles to Downtown Oklahoma City.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Wholesale Shop Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oklahoma City
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.1938837
    Latitude
    35.4062345

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    FAQs

    What type of property is this?
    Farm - Prime development land near Kickapoo Turnpike.
    Where is this farm located?
    The property is located at 18681 59Th St Oklahoma City, OK.
    What is the asking price?
    The asking price for this property is $330,000.
    What are key features of this property?
    This property features: Excellent development opportunity for single-family homes, appealing to buyers seeking city convenience.; Ideal for 1-5 acre single-family home lots.; Conveniently located off the Kickapoo Turnpike.
    Request Owner's contact information
    18681 59Th St Oklahoma City, OK 74857
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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
    18681 59Th St Oklahoma City, OK 74857
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