Property profile

7550 Ok-37 Tuttle, OK 73089

OFF-MARKET
Land
3.47 ac lot
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Property summary

AI-generated overview

This exceptional 3.47-acre commercial/industrial land parcel is strategically located on Highway 37 between Tuttle and Newcastle, Oklahoma, in Grady County (zip code 73089). Zoned A-1 (General Agricultural), this flat, cleared lot offers significant development potential. The property boasts existing utilities including water, gas, electricity, and fiber optic connectivity, along with a convenient existing curb cut. Priced at $585,000 ($168,588/acre), this land presents a compelling investment opportunity in a rapidly growing area. Historically used as a ready-mix concrete batch plant, the property's flexible zoning allows for diverse development options, including industrial, retail, or garden-style office spaces. The area's recent growth is evident in the emergence of new residential neighborhoods and retail developments, particularly near the I-35/H-37 interchange approximately 4.5 miles east. This expansion includes the addition of a new Integris Medical Center, further enhancing the area's appeal and potential for future growth. The property's location capitalizes on the continued expansion of the Greater Oklahoma City Metro area, offering investors a prime opportunity to benefit from this upward trajectory.

Property profile

Verified
Property type Land
Lot 3.47 ac (151,153 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7550 Ok-37 Tuttle, OK 73089
Tuttle metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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