66 Historic Rte Elk City, OK 73644
This exceptional 19.38-acre commercial land parcel in Elk City, Oklahoma, presents a unique investment opportunity. Situated on historic Route 66 and conveniently located off Interstate 40, this property boasts high visibility and accessibility, benefiting from significant traffic flow from both major roadways. Route 66's enduring appeal to tourists and Interstate 40's substantial daily traffic volume ensure consistent exposure for any commercial venture. The flat, buildable terrain simplifies development, accommodating a wide range of uses. Commercial zoning allows for diverse business types, from retail and hospitality to dining and service-oriented facilities. The property's $50,000 per acre price reflects its prime location and development potential. Elk City's steady growth and existing local amenities create a vibrant economic environment, further enhancing the property's value. The APN is 0425-24-011-021-0-007-00. This is a rare chance to establish a business in a highly visible and historically significant location. The asking price is $950,000.
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.