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Property profile & analytics
OFF-MARKET
Land

161 New Albany Expy Luther, OK 73054

150 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 150-acre parcel is situated within the thriving New Albany International Business Park in Luther, Oklahoma. Located at the intersection of SR 161 New Albany Expressway and offering direct access to five freeway interchanges, this property presents an unparalleled opportunity for industrial development. The site is part of a larger, master-planned 4,000-acre park, strategically positioned in a high-growth area. Zoned and approved for immediate development, this shovel-ready land boasts tax abatements, making it an attractive investment. The property's location provides easy access to major transportation arteries, including I-70 and I-71, ideal for logistics and distribution. Benefit from a robust labor pool and attractive amenities, with a population of one million people within a 15-mile radius. This is a rare chance to acquire a significant land holding in a dynamic and rapidly expanding industrial submarket. The site is ready for immediate construction, offering significant potential for substantial returns. All utilities are available, and the property is fully compliant with all local zoning regulations. This prime location offers unparalleled access to a large and growing workforce, making it an ideal location for any industrial development project. Don't miss this exceptional opportunity to secure a substantial piece of Oklahoma's thriving industrial landscape. Contact us today to learn more.

Property profile
Verified
Property type Land
Lot 150 ac (6,534,000 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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