18681 59Th St Oklahoma City, OK 74857
This exceptional 23.48-acre vacant land parcel presents a unique investment opportunity in Oklahoma City, near Newalla. Ideally situated just off the new Kickapoo Turnpike extension, this property offers convenient access to Tinker Air Force Base (15 miles) and Downtown Oklahoma City (22 miles). Currently zoned A/R (Agricultural/Residential), it's perfect for developers seeking to create single-family home lots. While current zoning permits homes on 5-acre lots, ongoing rezoning efforts aim for higher density (1-acre lots), increasing future development potential. The land boasts existing infrastructure, including on-site electricity, a well for water, and a septic system. Its beautiful wooded setting is adjacent to established residential communities, providing a tranquil rural atmosphere with the convenience of city proximity. This property is ready for immediate development, offering a blend of serene country living and easy access to urban amenities. The address is 18681 SE 59th St, Oklahoma City, OK 74857.
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
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Property description
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No recorded transactions found for this property.
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