0 3450 Rd Chandler, OK 74834
This 29.82-acre property in Chandler, Oklahoma, offers a unique investment opportunity. Currently zoned C-1 Commercial within city limits, the land presents potential for diverse development, including commercial projects or a private estate. A fully fenced perimeter with an entry gate enhances security and accessibility. Approximately three acres are currently leased to a petroleum company, featuring a dedicated access road and easement on the west side. The property also includes a 30-foot access easement along the southern boundary, accommodating an existing billboard and two additional potential billboard sites (billboards and pads are separately owned). While the property's current commercial zoning is advantageous, the possibility of de-annexation to achieve unincorporated county land status exists. Given Oklahoma's population growth and shrinking land availability, this property represents a rare and potentially lucrative investment in a rapidly developing area. The asking price is $240,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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