3601 Hereford Ln McAlester, OK 74501
This exceptional 4.73-acre commercial land parcel presents a remarkable investment opportunity in McAlester, Oklahoma. Strategically located on Highway 69, this property boasts significant road frontage, providing unparalleled visibility and accessibility for any commercial venture. The permitted commercial zoning allows for a wide range of development possibilities, making it suitable for a variety of businesses. Envision a bustling truck stop, a large-scale gas station, a spacious wedding venue, a thriving shopping center, or a collection of popular restaurants – the potential is vast. This prime location offers convenient access from both sides of the highway, ensuring ease of entry and exit for customers and employees. Furthermore, there's an option to expand the property by acquiring an additional 5 to 7 acres, providing even greater flexibility for ambitious development plans. The property is situated at 3601 E Hereford Ln, McAlester, OK 74501, within Pittsburg County. The asking price for this exceptional commercial land is $800,000. Don't miss this chance to secure a highly visible and versatile property in a growing market.
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.