Current Use by Public Records
- Land
Property Details for 2199 5Th St
- Lot size
- 13.00 lot acres
- Property type
- Land
Description
This exceptional 13-acre commercial and residential land parcel presents a compelling investment opportunity in Ponca City, Oklahoma. Located on the east side of the newly extended 5th Street, this property boasts over 1400 feet of frontage along a major north-south thoroughfare. The site is currently undeveloped, featuring a gently sloping terrain with primarily low-growth vegetation. Its strategic location offers significant advantages, with high daily traffic counts – reaching 8,600 vehicles per day in 2020 – and proximity to key amenities. A high school is situated approximately one mile south, while a Walmart is conveniently located just half a mile to the north. This prime location, combined with the property's size and accessibility, makes it ideal for a variety of commercial and/or residential developments. The property's potential is further enhanced by its possible eligibility for federal grants and tax credits, including Opportunity Zone designation. The asking price for this remarkable investment opportunity is $650,000. The address is 2199 N 5th St, Ponca City, OK 74601. The property is for sale by owner.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ponca City
- County
- Kay
- State
- Oklahoma
- Longitude
- -97.0783
- Latitude
- 36.7316
