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    28ac On Hwy Duncan, OK 73533

    For Sale
    $200,000

    28 acres, Hwy 81 frontage, rezonable.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 28-acre property presents a unique investment opportunity in Duncan, Oklahoma. Strategically located on North Highway 81, this land boasts approximately 1/8 mile of highway frontage and a depth of approximately 1/4 mile. Currently zoned for agricultural use, its location within city limits allows for potential rezoning to accommodate commercial development, offering significant flexibility for future projects. The property is conveniently situated just north of Deer Creek Center, surrounded by established businesses such as Sears, Farmers Insurance, Schlumberger, and AMC Classic, indicating a strong commercial presence in the immediate vicinity. This prime location offers excellent visibility and accessibility. The land is also subdividable down to 2.5-acre parcels, providing options for various development scenarios. The asking price for this expansive tract is $200,000. With its size, location, and rezoning potential, this property represents a compelling investment opportunity for developers and businesses seeking a prominent presence in Duncan, Oklahoma. The land value is $4.59 per square foot. The property's address is 28ac On N Hwy 81, Duncan, OK 73533, Stephens County.

    Property Features for 28ac On Hwy

    General Information

    Property type
    Farms
    Lot Size
    1,219,680 SF

    HighLights

    • ±28‑acre parcel available with ±1/8 mile of highway frontage on N Highway 81 and ±1/4 mile depth.
    • Subdividable into 2.5‑acre lots.
    • Excellent location near established businesses including Sears, Farmers Insurance, Schlumberger, and AMC Classic.
    • $200,000 sale price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Duncan
    County
    Stephens
    State
    Oklahoma
    Longitude
    -97.9661822
    Latitude
    34.5085061

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    FAQs

    What type of property is this?
    Farm - 28 acres, Hwy 81 frontage, rezonable.
    Where is this farm located?
    The property is located at 28ac On Hwy Duncan, OK.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: ±28-acre parcel available with ±1/8 mile of highway frontage on N Highway 81 and ±1/4 mile depth.; Subdividable into 2.5-acre lots.; Excellent location near established businesses including Sears, Farmers Insurance, Schlumberger, and AMC Classic.
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    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
    28ac On Hwy Duncan, OK 73533
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