12525 116Th St Collinsville, OK 74021
This exceptional 7.53-acre commercial property presents a remarkable investment opportunity in the thriving Owasso, Oklahoma area. Situated just half a mile from Highway 169 on the newly widened E. 116th Street North, this flat, usable land boasts excellent visibility and accessibility. The property is fully serviced with water, electricity, and sewer connections, ensuring immediate development readiness. Its strategic location near major thoroughfares provides easy access for customers, employees, and suppliers. The surrounding area offers a wealth of amenities, including nearby shopping centers (such as Target and Walmart), restaurants, schools, and residential neighborhoods, creating a highly desirable location for a variety of commercial ventures. Owasso's rapid growth and strong local economy provide a supportive environment for new businesses. The ample space allows for extensive parking and the potential incorporation of green spaces. This property is ideally suited for retail centers, office complexes, or mixed-use developments, offering developers the flexibility to create a thriving commercial hub. An appraisal is available upon request. This is a unique chance to capitalize on the growth of this vibrant community.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.