Property profile

16118 Memorial Dr Bixby, OK 74008

OFF-MARKET
Land
0.81 ac lot
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Property summary

AI-generated overview

Exceptional investment opportunity in Bixby, Oklahoma, featuring four prime pad sites ideal for commercial development. These lots boast excellent visibility along Memorial Drive, a major thoroughfare with over 20,000 vehicles passing daily. The sites range in size from 0.81 to 1.61 acres and are zoned AG, offering flexibility for a variety of commercial uses. Prices vary depending on lot size, ranging from approximately $458,687 to $1,262,369, with a land value of $13-$18 per square foot. The property benefits from its strategic location within a thriving community, situated within a 5-10 minute drive of significant residential developments. Furthermore, the sites are conveniently located within 1-2 miles of Bixby's City Hall, four local schools, Sutherland, Country Mart, multiple banks, and several apartment complexes, ensuring high foot traffic and strong consumer base. This presents a unique opportunity to capitalize on the area's robust growth and establish a successful commercial venture. The property is offered for sale by owner. Contact for details and to schedule a viewing.

Property profile

Verified
Property type Land
Lot 0.81 ac (35,284 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

16118 Memorial Dr Bixby, OK 74008
Bixby metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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