Okarche Development

$1,299,000
Available
Okarche Boundary Lines
Dji 0180 Hdr
Dji 0190 Hdr

Property Details

ID: 116581
Status: Available
Price: $1,299,000
Acres: 54.54
Type: Commercial
Address: Stroh Ave
City, State: Okarche, Oklahoma
County: Canadian
Zip Code: 73762
Presented By: Ford Bullard

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.

Directions:

From Okarche, go south on Highway 81 about 1 mile to NW 234th. The property is on the NE corner. 

Showing Instructions:

Call Ford at 405-234-6478 to request a showing. 

Additional Details

Additional Info

Road Type: Concrete
Current Use: Agricultural
Possible Use: Commercial

The listing agent and brokerage make no warranties, express or implied, as to the accuracy or completeness of any information provided regarding this property, and shall not be held liable for errors, omissions, or changes in such data. Buyer is solely responsible for independently verifying all statements, figures, and conditions — including acreage, utilities, zoning, and permitting — prior to closing. 

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