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    George Nigh Expy McAlester, OK 74501

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    15.88 Acres, Highway 69 Frontage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 15.88-acre commercial land parcel presents a unique investment opportunity in McAlester, Oklahoma. Located on S George Nigh Expy, this property boasts prime highway frontage with direct access to and from Highway 69, ensuring high visibility and accessibility. The land is zoned CV (Commercial Vacant), allowing for a wide range of development possibilities. The site's strategic location offers close proximity to the Shops at McAlester, other major retail centers, restaurants, and the McAlester Country Club, providing immediate access to a substantial consumer base. The area also benefits from a strong aeronautics industry presence and a robust local household income. This property is divisible into approximately 0.98-acre parcels, offering flexibility for various development scenarios. All utilities are conveniently located adjacent to the site, simplifying infrastructure connections and reducing development costs. This is an ideal location for businesses seeking high visibility and convenient access to a thriving community. The 15.88-acre size provides ample space for large-scale commercial projects or the potential for multiple smaller developments. This prime commercial land offers significant potential for growth and return on investment in a dynamic and growing market. Don't miss this exceptional opportunity to acquire a strategically located commercial property in McAlester, Oklahoma.

    Property Features for 0 George Nigh Expy

    General Information

    Property type
    Land
    Lot Size
    691,733 SF

    HighLights

    • 15.88‑acre site, divisible into parcels of approximately 0.98 acres.
    • Commercial Vacant (CV) zoning.
    • Highway 69 frontage with direct access.
    • Excellent access to Highway 69.
    • Near Shops at McAlester and other retail, restaurants, and the McAlester Country Club.
    • Strong aerospace industry presence in the area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    McAlester
    County
    Pittsburg
    State
    Oklahoma
    Longitude
    -95.7629267
    Latitude
    34.8970489

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    FAQs

    What type of property is this?
    Land - 15.88 Acres, Highway 69 Frontage
    Where is this land located?
    The property is located at George Nigh Expy McAlester, OK.
    What are key features of this property?
    This property features: 15.88-acre site, divisible into parcels of approximately 0.98 acres.; Commercial Vacant (CV) zoning.; Highway 69 frontage with direct access.
    Request Owner's contact information
    George Nigh Expy McAlester, OK 74501
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    McAlester, OK 74501
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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
    George Nigh Expy McAlester, OK 74501
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