Description
55± acres in the path of growth - Highway 81 frontage in Okarche, Canadian County. Only 40 minutes from OKC. Zoned Rural Agriculture, but the City of Okarche is eager to get development going here, and the groundwork is already done. Red Oak Investment Group engineered this site for a mixed commercial/residential development plus a proposed city ballpark before COVID stalled construction. What they left behind: a certified boundary survey (July 2023), the site graded to 80%, an engineered drainage study on file, a Phase I Environmental Site Assessment that came back clean, and a conceptual master site plan already drafted. ODOT and railroad crossing coordination is underway and approved, just needs to be updated for any project revisions. 11 ~1-acre lots already sold on the east side at an average of $87,000 each - real proof of demand. Utilities: a 6-inch water line sits ~1,200 ft west of the property, with an approved DEQ water permit and an approved ODOT permit to bore under the highway. Sewer is ~2,500 ft away on Texas Rd., with an approved DEQ sewer permit and an approved license to bore under the railroad. Septic allowed on lots 1+ acre. Over 3,000 ft of highway/street frontage on Hwy 81 and 234th, with ODOT-recorded average daily traffic of 10,000+ - real visibility for a commercial play. Okarche is growing - a new Casey's General Store just opened nearby, and growing schools both reflect a healthy, growing community. City leadership wants this project moving forward. Some figures (utility distances, permits, pricing) date to 2020-2023 and should be independently verified before closing. Full development documents - survey, drainage study, ESA, site plan, utility plans - available upon request to serious buyers. Buyer to independently verify all statements, acreage, zoning, and permitting. Seller to retain mineral rights.
Details
| MLS # | 1247842 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 9 |
| Listing Provided By | Keller Williams Central OK | Ford Bullard |
Features
| Acreage | 54.54 |
|---|
Exterior
| Lot Features | Corner Lot |
|---|
Taxes
| Okc Tax Amount | 122.0000 |
|---|---|
| Tax Block | Not Platted |
| Tax Lot | Not Platted |
Area Information
| State | OK |
|---|---|
| County | Canadian |
| City | Okarche |
| Zip Code | 73762 |
| School District | Canadian |
| School District | Okarche HS |
| Elementary School | Okarche ES |
| High School | Okarche HS |
| Listing VS Median (in 73762) | |
Price: $1,299,000 low | high Med: $540,000 On site: 9 low | high Med: 50 | |
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Learn More About This Property
| State | OK |
|---|---|
| County | Canadian |
| City | Okarche |
| Zip Code | 73762 |
| School District | Canadian |
| School District | Okarche HS |
| Elementary School | Okarche ES |
| High School | Okarche HS |
| Listing VS Median (in 73762) | |
Price: $1,299,000 low | high Med: $540,000 On site: 9 low | high Med: 50 | |