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    81 5.15Ac On Hwy Duncan, OK 73533

    For Sale
    $1,100,000

    5.15 Acres, Hwy 81 Frontage, Subdividable

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 5.15-acre commercial land parcel is strategically located on Highway 81 in Duncan, Oklahoma, just north of West Plato Road. Currently zoned agricultural, this property presents a unique opportunity for development, with the potential for rezoning to commercial use upon request. The lot is easily subdividable into approximately 1-acre pads, offering flexibility for various commercial projects. Its prime location provides excellent visibility and accessibility, boasting proximity to established businesses such as Sears, Mangum Auto Sales, Bank of Commerce, a Shell gas station, and a Days Inn. This presents a strong foundation for a successful commercial venture, benefiting from the existing infrastructure and high traffic volume of Highway 81. The asking price for this expansive property is $1,100,000. The property's address is 5.15ac on Hwy 81, Duncan, OK 73533, situated in Stephens County. This is a rare opportunity to acquire a sizable commercial land parcel in a thriving Oklahoma community. Don't miss out on this chance to build your business in a high-traffic area with significant development potential.

    Property Features for 81 5.15Ac On Hwy

    General Information

    Property type
    Land
    Lot Size
    224,334 SF

    HighLights

    • 5.15 acres of subdividable land, offering approximately 1‑acre pads.
    • Rezoning to commercial use is possible.
    • Excellent location near established businesses including Sears, Mangum Auto Sales, Bank of Commerce, Shell, and Days Inn.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Duncan
    County
    Stephens
    State
    Oklahoma
    Longitude
    -97.967514
    Latitude
    34.5049259

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    FAQs

    What type of property is this?
    Land - 5.15 Acres, Hwy 81 Frontage, Subdividable
    Where is this land located?
    The property is located at 81 5.15Ac On Hwy Duncan, OK.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: 5.15 acres of subdividable land, offering approximately 1-acre pads.; Rezoning to commercial use is possible.; Excellent location near established businesses including Sears, Mangum Auto Sales, Bank of Commerce, Shell, and Days Inn.
    Request Owner's contact information
    81 5.15Ac On Hwy Duncan, OK 73533
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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
    81 5.15Ac On Hwy Duncan, OK 73533
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