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    2125 Southgate Rd Enid, OK 73701

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    For Sale
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    140 Acres: Multi-Use Development Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    Exceptional investment opportunity in Enid, Oklahoma. This 140-acre property, zoned for agriculture, presents a unique blend of residential, industrial, and recreational uses. The land includes a 2,300 sq ft, 4-bedroom, 4-bathroom home with a new 50-year HD roof, a 2,400 sq ft metal building, and a 1,600 sq ft barn with horse stables. Infrastructure is in place with three-phase city water and sewer lines, three live wells, and four fully stocked ponds. A groundwater tank and water rights are included, along with access to the new city water system and all other utilities. Mineral rights are available for separate purchase. The property is regularly graded and nitrogen fertilized, currently generating over $65,000 annually from a passive hunting and fishing lease. Over ten corporations utilize easement rights under contract. Additional features include a Bois d'Arc and pine tree farm, a long-distance shooting range with over 20 biodegradable gongs and platforms, and over 70 head of cattle within fully fenced pastures. This property is ideal for a developer seeking a multi-faceted project with significant existing income streams. Located at 2125 E Southgate Rd, Enid, OK 73701.

    Property Features for 2125 Southgate Rd

    General Information

    Property type
    Multifamily properties
    Lot Size
    6,098,400 SF

    HighLights

    • 140 income‑producing acres ideal for development.
    • Three‑phase power, free water from three live wells, and four stocked ponds.
    • 2,300 sq ft, four‑bedroom, four‑bathroom home with a new 50‑year HD roof.
    • 2,400 sq ft metal building and 1,600 sq ft barn with horse stables.
    • On‑site groundwater tank, water rights included, and new city water system with all utilities available.
    • Mineral rights available separately.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Map

    City
    Enid
    County
    Garfield
    State
    Oklahoma
    Longitude
    -97.84797347
    Latitude
    36.36172058

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    FAQs

    What type of property is this?
    Multifamily property - 140 Acres: Multi-Use Development Opportunity
    Where is this multifamily property located?
    The property is located at 2125 Southgate Rd Enid, OK.
    What are key features of this property?
    This property features: 140 income-producing acres ideal for development.; Three-phase power, free water from three live wells, and four stocked ponds.; 2,300 sq ft, four-bedroom, four-bathroom home with a new 50-year HD roof.
    Request Owner's contact information
    2125 Southgate Rd Enid, OK 73701
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    Enid, OK 73701
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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
    2125 Southgate Rd Enid, OK 73701
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