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7468 US Highway 277
Elgin, OK 73538

Land For Sale · 7.39 AC

Investment Highlights

  • Located one block north of Hwy 277 and adjacent to Thoma Dr and north of the Geiger Eye Care and east of the Elgin Square Shopping Center
  • Heavy daytime traffic with approximately 14,000 cars daily

Executive Summary

This parcel is 7.39 acres located one block north of Hwy 277. It is adjacent to Thoma Dr. and north of the Geiger Eye Care and east of the Elgin Square Shopping Center. Location is suitable for multi family construction, long term care facilities or other commercial growth. Priced at $799,000.

PROPERTY FACTS Under Contract

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Multifamily
  • Apartment Units
  • Medical
Total Lot Size 7.39 AC

1 Lot Available

Lot B

Price $1,136,282 CAD
Price Per AC $153,759 CAD
Lot Size 7.39 AC

This parcel is 7.39 acres located one block north of Hwy 277. It is adjacent to Thoma Dr. and north of the Geiger Eye Care and east of the Elgin Square Shopping Center. Location is suitable for multi family construction, long term care facilities,etc

Description

Elgin is one of the fastest growing cities in Oklahoma. Since there is basically no more land available for development along Hwy 277, the long term plan is for the growth of the city to be on these tracts north of the highway. Long term goals are for additional streets to be built partially for commercial development but also ways to bypass the busy highway. Future plans are for a stop light to be installed at the intersection of Hwy 277 and A St.. This area currently has approximately 14,000 cars per day and more is expected with the growth of Elgin.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0068515
Land Assessment
$12,247 CAD
Improvements Assessment
$0 CAD
Total Assessment
$12,247 CAD

zoning

Zoning Code Agriculture
Agriculture
  • Listing ID: 26146555

  • Date on Market: 2022-07-12

  • Last Updated:

  • Address: 7468 US Highway 277, Elgin, OK 73538

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