0 Ok-150 Checotah, OK 74432
This exceptional 162.71-acre property in Eufaula, Oklahoma, presents a unique redevelopment opportunity. Located on OK-150 with over 3400 feet of Lake Eufaula frontage, this Class A site offers stunning lake views and access to Oklahoma's largest lake, boasting 105,500 surface acres and 800 miles of shoreline. Ideal for a variety of uses, including residential, commercial, or recreational development, the land is zoned for both residential and agricultural purposes. The property features an existing road system, mature trees, and is situated near a golf course. With a strong local demographic (over 3,700 residents within a 5-mile radius, average household income exceeding $52,000), this location offers significant potential for high returns. The asking price is $3,250,000, with a land value ranging from $5,000 to $20,000 per square foot. The total square footage is 7,087,648. Development plans are available. This is a truly remarkable opportunity to capitalize on the beauty and potential of Lake Eufaula. The property's APN is 0000-10N-16E-02-1-010-00 and is currently vacant. A partnership option is available
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
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.