00000 Henney Rd Choctaw, OK 73020
- Land
- 25.00 lot acres
Current Use by Public Records
- Land
Property Details for 00000 Henney Rd
- Lot size
- 25.00 lot acres
- Property type
- Land
Description
This exceptional 25-acre commercial land parcel, located at 00000 Henney Rd, Choctaw, OK 73020, presents a remarkable investment opportunity. Currently zoned for residential use, this property offers significant potential for a variety of commercial developments. The land is priced at $96,000 per acre, totaling $2,400,000. The lot's size allows for substantial development, with the potential for a subdivision. Preliminary planning suggests the possibility of creating 24 lots ranging from 0.97 to 1.43 acres each within a planned subdivision called Whippoorwill Wood. While the internal roads are cut, paving is yet to be completed. The southern cul-de-sac lots are bordered by a greenbelt and a creek, offering scenic views and natural beauty. Northern lots back onto wooded private land, ensuring privacy. The plat, approved by the city of Choctaw, designates the street name as Ravinsood Dr. This property is perfectly situated within the Choctaw school district, a highly desirable location. The existing infrastructure and the approved plat make this a turnkey project for developers seeking to build beautiful homes in a sought-after area. The lease expiration date is October 22, 2024. Detailed plat maps are available upon request.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Choctaw
- County
- Oklahoma
- State
- Oklahoma
- Longitude
- -97.2827
- Latitude
- 35.4641
