0 Commercial Lp Elgin, OK 73538
This exceptional 218-acre commercial land parcel presents a unique owner-user opportunity in Elgin, Oklahoma's fastest-growing and safest city. Strategically located near I-44, just 15 minutes from Lawton/Ft. Sill and 70 miles south of Oklahoma City, this industrially zoned property boasts unparalleled visibility and accessibility. The site is part of an established industrial park, home to Bae Systems, Norman Plywood, and Dri Rite, ensuring a thriving business environment. All utilities are available, with existing streets and excellent visibility from the turnpike. The land is offered in minimum one-acre tracts, priced at $150,000 per acre, with pricing adjusted based on the amount of land purchased and its economic impact. Potential rail access adds further value to this prime location between two major Oklahoma cities. This is an exceptional investment opportunity for businesses seeking a strategic location with strong infrastructure and a supportive economic development authority. The Elgin Economic Development Authority is facilitating the sale, and while land is primarily for sale, lease options may be available. Recent sales in the park demonstrate strong market demand. This is a rare chance to acquire a significant land holding in a rapidly expanding area.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.