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    Midwest Blvd Jones, OK 73084

    For Sale
    Contact for pricing

    High-growth area, near Tinker AFB. Excellent retail potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional commercial land parcel presents a unique investment opportunity in Spencer, Oklahoma. Located at the intersection of NE 36th and N Midwest Blvd, this property boasts a lot size ranging from 4.08 to 8.4 acres, offering significant development potential. The land is priced at $12 per square foot, reflecting its prime location and growth prospects. Situated just seven miles north of Tinker Air Force Base, the largest single-site employer in Oklahoma, this location benefits from exceptional access to a substantial workforce. Midwest Boulevard provides a direct route to Tinker AFB, Midwest City, and Interstate-40, ensuring excellent connectivity and accessibility. The area is experiencing steady population growth, with a 0.26% increase recorded from 2020 to 2024 within a five-mile radius, indicating a strong and expanding market. The property's strategic location is further enhanced by its proximity to established businesses, including a Casey's General Store built in 2015, demonstrating the area's suitability for retail development. Furthermore, its proximity to Interstate-35 (part of the I-35 Megalopolis, the fastest-growing megaregion in the United States) and its ten-mile distance from downtown Oklahoma City provide unparalleled access to a wider market and diverse range of amenities. This property offers a compelling investment opportunity for developers seeking to capitalize on the robust growth and strategic location within this thriving area.

    Property Features for 0 Midwest Blvd

    General Information

    Property type
    Land
    Lot Size
    177,725 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Jones
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.3886534
    Latitude
    35.5076599

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    FAQs

    What type of property is this?
    Land - High-growth area, near Tinker AFB. Excellent retail potential.
    Where is this land located?
    The property is located at Midwest Blvd Jones, OK.
    (405) 600-6872
    Request Owner's contact information
    Midwest Blvd Jones, OK 73084
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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
    Midwest Blvd Jones, OK 73084
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