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Property profile & analytics
OFF-MARKET
Land

0 19 Pl Newcastle, OK 73065

34,455 SF
Property ID
Property summary
AI-generated overview

This exceptional commercial land offering presents a unique investment opportunity in rapidly growing Newcastle, Oklahoma. Located on Highway 62 (Main Street) and NW 19th Place, this property boasts excellent visibility and accessibility, with easy access to Highway 44. The site encompasses 4.5 acres of land zoned C-C-2 (Commercial), offering a flexible range of development possibilities. Lot sizes vary from 34,455 to 61,198 square feet, with a land value of $16 per square foot. The property includes a corner pad site and three additional planned access points for enhanced convenience. Development guidelines, CCRs, and POA are nearing completion. This prime location is situated near a variety of established businesses, including restaurants, retail stores, a casino, and healthcare facilities, ensuring high traffic and visibility. The property's proximity to the Newcastle Casino (0.5 miles south) further enhances its appeal. Note that an additional $40,000 per lot will be added to the per-square-foot sales price for the provided detention in Lot 5. This is a remarkable chance to acquire a strategically located commercial parcel in a thriving Oklahoma community.

Property profile
Verified
Property type Land
Total area 34,455 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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