687 Commerce St Elgin, OK 73538
- Land
- 1.49 lot acres
Current Use by Public Records
- Land
Property Details for 687 Commerce St
- Lot size
- 1.49 lot acres
- Property type
- Land
Description
This exceptional 1.49-acre commercial land parcel in Elgin, Oklahoma, presents a remarkable development opportunity. Located at 687 Commerce St., this property boasts convenient access to I-44 and sits within Elgin's burgeoning commercial hub, near the intersection of US Highway 277 and Commerce Dr., where a new traffic light is planned. The site offers excellent visibility with an estimated 17,000 vehicles passing daily. Priced at $350,000, this represents a competitive $8.03 per square foot for the approximately 65,031 square foot lot (APN: 160105382). Existing utilities (electric, gas, water, sewer) are readily available. The property's zoning permits commercial development, making it suitable for various uses, including retail, restaurants, storefronts, and office spaces. Its strategic location near established businesses like Braum's, Arvest, McDonald's, and more, coupled with its proximity to planned developments such as a medical center and sporting complex, ensures significant future growth potential. Elgin's recent commercial and population growth, fueled by its affordable land and proximity to Lawton/Fort Sill, makes this a compelling investment in a thriving Oklahoma community. This is a rare chance to capitalize on Elgin's upward trajectory.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Elgin
- County
- Comanche
- State
- Oklahoma
- Longitude
- -98.2999
- Latitude
- 34.7805
