12520 116Th St Collinsville, OK 74021
This exceptional 4.84-acre commercial land parcel presents a unique investment opportunity in Collinsville, Oklahoma. Strategically located on the newly expanded four-lane 116th Street North, between Highway 169 and Garnett Road, this property boasts high visibility and significant traffic counts, ensuring maximum exposure for any commercial venture. Situated within the desirable Owasso school district, this site is designated for commercial use in the Owasso MasterPlan 2023, providing a clear path for development. The property's zoning allows for a diverse range of commercial and industrial uses, making it suitable for various businesses. Its prime location offers easy access to essential amenities, including nearby hospitals, shopping centers, restaurants, and schools, enhancing its appeal and potential for success. The property's asking price is $975,000. Furthermore, there is additional connecting land available for potential expansion, presenting an opportunity to acquire a larger footprint. This is a rare chance to secure a prominent commercial site in a rapidly growing area. The address is 12520 E 116th Street North, Collinsville, OK 74021, within Tulsa County.
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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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.