12926 Peebly St Oklahoma City, OK 74857
This exceptional 80-acre parcel in Oklahoma City, Cleveland County, presents a unique investment opportunity. Located just three miles south of I-40 at 12926 SE Peebly Street, zip code 74857, this property boasts a blend of partially wooded areas and excellent grazing land. The asking price is $920,000. While the property is being sold for land value, it includes an older farmhouse and several barns that have been consistently rented to the same tenant for the past 22 years. It's important to note that the seller offers no warranties regarding the condition of the house or any existing structures. An adjoining 80-acre parcel (Lot B) to the south may be available for purchase, but only as part of a combined sale with this parcel (Lot A). Mineral rights are reserved by the seller. This property is ideal for investors seeking land with potential for development or continued rental income. The convenient location near I-40 provides easy access to major transportation routes. Serious inquiries only.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.