11962 Us-62 Elgin, OK 73538
- Land
- 1.17 lot acres
Current Use by Public Records
- Land
Property Details for 11962 Us-62
- Lot size
- 1.17 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 1.17-acre commercial property, located at 11962 US-62 in Elgin, Oklahoma (Comanche County, zip code 73538), presents a lucrative investment opportunity. Currently operating as an RV park, the land boasts a strategic location at the intersection of Highway 62 and Highway 277, ensuring high visibility and accessibility. The park features fourteen lots, seven of which are equipped with water, electric, and sewer cleanouts, while the remaining seven offer water and electric hookups. All fourteen lots provide both 30-amp and 50-amp electrical service. A convenient on-site dump station adds to the property's appeal. Situated outside city limits, this property benefits from its proximity to Lake Ellsworth, a popular recreational area attracting significant tourism. Nearby businesses include a gas station, church, and bait shop, further enhancing the area's commercial activity. The asking price is $350,000, with a land value of $9.79 per square foot. This property is zoned for residential, commercial, and industrial uses, offering considerable flexibility for future development or continued operation as an RV park. The property's high traffic location and existing infrastructure make it an ideal investment for those seeking a strong return on investment in a thriving area.
Value Estimation
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Elgin
- County
- Comanche
- State
- Oklahoma
- Longitude
- -98.3873
- Latitude
- 34.7811
