0 19 Pl Newcastle, OK 73065
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.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.