10865 106Th St Owasso, OK 74055

This exceptional 6.58-acre property in Owasso, Oklahoma, presents a unique investment opportunity. Located at 10865 E 106th St N, 74055, this fee-simple land boasts a strategic location directly across the street from Bailey Medical Center. Currently zoned AG, the property has already received approval for adjacent commercial zoning, making the process for the new owner significantly streamlined. The city of Owasso is known for its favorable approach to rezoning requests, further enhancing the potential for both commercial and residential development. The approved zoning next door includes commercial frontage on 106th Street and residential zoning for the remaining acreage. This allows for flexibility in development plans, accommodating various project types, from commercial buildings to duplexes or zero-lot-line homes. The property's ample size provides plenty of space for road access and future expansion. Its proximity to retail centers, restaurants, several churches, the Owasso Sports Complex, and Rejoice Private School adds to its appeal. Furthermore, 106th Street is scheduled for widening to four lanes, significantly improving accessibility and visibility. The asking price is $750,000, with a land value of $2.62 per square foot. The APN is 91407-14-07-48930. This prime location in a rapidly growing city makes this a compelling investment opportunity with significant upside potential.