0 Sweet Home Rd Broken Bow, OK 74728
This exceptional 20-acre tract of land presents a unique investment opportunity in the thriving Broken Bow, Oklahoma area. Located on Sweet Home Road and near Myrtlewood Road, this property boasts convenient access and is just minutes from the numerous attractions of Hochatown and Broken Bow. The land features a 14-year-old pine plantation providing privacy, a small pond, and a small wet-weather creek lined with hardwoods, creating picturesque settings for potential building sites. An existing internal road enhances accessibility and opens up further development possibilities. Utilities, including electricity and water, are readily available. The area is experiencing significant growth, attracting over two million visitors annually, with abundant recreational opportunities including Broken Bow Lake, the Three Rivers Wildlife Management Area, and extensive US Forestry Service lands. A new, large-scale hotel and casino project is underway nearby, further bolstering the area's appeal and potential for future growth. This property is ideal for those seeking a recreational retreat, a development project, or a strategic investment in a booming tourism market. The asking price is $400,000, representing a price per acre of $20,000. Don't miss this chance to own a piece of this highly sought-after location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.