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Property profile & analytics
FOR SALE
Commercial real estate

12512 NE 23Rd St Nicoma Park, OK 73020

3.95 ac lot
Property ID
US69-0229291
Property summary
AI-generated overview

This exceptional 3.95-acre commercial land parcel presents a remarkable investment opportunity in the thriving Nicoma Park area of Choctaw, Oklahoma. Located on NE 23rd Street (Highway 62), this property boasts 160 feet of frontage, offering excellent visibility and accessibility. The C-2 zoning allows for a wide range of commercial uses, including but not limited to storage facilities, office complexes, restaurants, hotels, and event centers. The property's partially wooded rear area provides a tranquil backdrop. The land encompasses 172,062 square feet. This rapidly developing area shows significant growth, with numerous new businesses, recent land transactions, and a new housing addition adding over 240 homes. The property's strategic location offers convenient access to the Kickapoo Turnpike (within 5 miles). All essential utilities are readily available, including OG&E, ONG, city water, city sewer, AT&T, and Cox Cable. This is a rare opportunity to acquire a substantial commercial property in a high-growth area with excellent infrastructure and diverse development potential. The asking price is $540,000.

Property profile
Verified
Property type Commercial real estate
Lot 3.95 ac (172,062 SF)
UPID US69-0229291
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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