29th St And Slagel Rd Harrah, OK 73045
This exceptional 53-acre property, located in Harrah, Oklahoma, presents a unique residential development opportunity. Zoned R2, it offers versatility for various residential uses. The land boasts convenient access to the Kickapoo Turnpike, enhancing its appeal and accessibility. A significant advantage is the existing frontage, which could be developed commercially or maintained as R2 for a prestigious entrance to the residential area. The majority of the acreage lies outside city limits, potentially opening doors to a wider array of development possibilities. The property's history includes use as a mobile home park, with a dry lagoon remaining that could serve as a detention area if needed. Utilities are readily available, with city water and sewer located approximately 800 feet to the east, and electricity already on-site. The asking price is $2,970,000, translating to $1.29 per square foot. This represents a compelling investment in a rapidly growing area with excellent infrastructure and convenient access to major transportation routes. The property's size and zoning make it ideal for a variety of residential projects, from single-family homes to multi-family developments. The address is 29th Street and Slagel Rd, Harrah, OK 73045.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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