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Property profile & analytics
OFF-MARKET
Land

27970 Ok-51 Coweta, OK 74429

4.36 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 4.36-acre commercial land parcel is strategically located on the east side of State Highway 51 in Coweta, Oklahoma, approximately half a mile south of 121st Street South. Zoned CG (General Commercial), this property presents a remarkable opportunity for various commercial ventures. City water and sanitary sewer services are readily available, enhancing its development potential. A newly established driveway provides convenient access from Hwy 51, secured by a mutual access agreement with the neighboring property. This high-traffic area sees over 20,000 vehicles daily on State Highway 51, ensuring significant visibility for any development. The property's location offers proximity to established businesses, including a Walmart Supercenter, Casey's, and McDonald's, further bolstering its commercial viability. While the adjacent 5-acre parcel, featuring a pond and creek, is under a conservation easement and unavailable for development, its potential for amenity integration (e.g., park, walking trails) could significantly enhance the value of this 4.36-acre lot. The seller may even transfer ownership of the adjacent 5 acres to the buyer of this property at minimal or no cost, presenting a unique advantage for office complex development. This property was created through Coweta Lot Split Application 23-7. The land is priced at $3.13 per square foot. This prime location and flexible development options make this a truly compelling investment opportunity.

Property profile
Verified
Property type Land
Lot 4.36 ac (189,922 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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