0000 1 Mile East On E1115 Rd Clearview, OK 74880
This exceptional 40-acre property presents a unique investment opportunity in Clearview, Oklahoma. Located in Lincoln Township, Okfuskee County, the land is zoned Commercial-Industrial and boasts a rural setting. The legal description is 0000-29-011-011-002, as per the Executor's deed. This expansive parcel offers high ground ingress/egress, a significant advantage considering its location within a 380-acre pre-fracking area. The property's surface land is being sold, while the subsurface mineral rights are negotiable separately. These mineral rights pertain to the capped Mary Thompson Well, a non-producing oil and gas well capped in July 1976. Detailed legal descriptions for both surface and mineral rights are available upon request. This property is ideal for a variety of commercial or industrial uses, offering significant potential for development and growth in a desirable location. The asking price for this substantial land holding is $1,400,000. Don't miss this chance to acquire a significant piece of Oklahoma real estate with considerable potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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