16118 Memorial Dr Bixby, OK 74008
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.
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.
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.