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    I-40Bl Henryetta, OK 74437

    For Sale
    $599,000

    174 Acres, I-40 Frontage, Ready to Develop

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 174.24-acre commercial land parcel presents a unique investment opportunity in Henryetta, Oklahoma. Strategically located just off I-40 exit 237 and the intersection of US-62/US-75, this property boasts unparalleled visibility and accessibility. The site is already cleared and graveled, significantly reducing development costs and expediting the construction process. A recent 2023 Oklahoma Department of Transportation (ODOT) traffic count reveals a substantial 18,600 vehicles traversing I-40 daily just prior to exit 237, underscoring the high traffic volume and potential for significant commercial activity. The property is zoned for commercial use, allowing for a wide range of development possibilities. Henryetta, a thriving community, actively encourages economic growth and welcomes new businesses. This parcel has been professionally surveyed, providing comprehensive site data for efficient planning and permitting. This is an exceptional opportunity to capitalize on the burgeoning commercial development in this high-traffic area. The asking price for this expansive and well-positioned commercial land is $599,000. Don't miss this chance to secure a prime location for your next commercial venture.

    Property Features for 0 I-40Bl

    General Information

    Property type
    Land
    Lot Size
    7,589,894,400 SF

    HighLights

    • $599,000 asking price.
    • 174,240‑acre commercial land parcel.
    • Commercially zoned.
    • Located near I‑40 exit 237 and US‑62/US‑75 in Henryetta, OK.
    • Cleared, graveled, and ready for development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Henryetta
    County
    Okmulgee
    State
    Oklahoma
    Longitude
    -96.020136754501
    Latitude
    35.434502272033

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    FAQs

    What type of property is this?
    Land - 174 Acres, I-40 Frontage, Ready to Develop
    Where is this land located?
    The property is located at I-40Bl Henryetta, OK.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: $599,000 asking price.; 174,240-acre commercial land parcel.; Commercially zoned.
    Request Owner's contact information
    I-40Bl Henryetta, OK 74437
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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
    I-40Bl Henryetta, OK 74437
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