State Hwy 48 Coleman, OK 73432

Facts

• Property ID: 872344112
• MLS Number: 2411472
• Property Type: Vacant Land
• County: Johnston
• Legal Description: SEC 23-3S-8E SE SE E OF R/W (LESS: .43 AC TR BEG 50' W OF SE/C OF SEC TH N 125' TH W 150' TH S 125' TH E 150' TO POB) AND (LESS .09A TR BEG 50' W OF SE/C OF SEC TH N 125' TO POB TH N 25' TH W 150' TH S 25' TH E 150' TO POB) AND (LESS 2.48A HWY #48) A DDED E 50' OF RR ROW BACK (LESS 5 AC TO SCHOOL)
• Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. Coleman, Oklahoma, this expansive 27-acre parcel offers an exceptional investment opportunity in the burgeoning real estate market of the region. With prominent frontage on both State Highway 48 and State Highway 48A, this property boasts excellent visibility and accessibility, making it an ideal location for a range of commercial ventures. Highway Frontage: The property enjoys direct frontage on two major state highways, State Highway 48 and State Highway 48A, ensuring high visibility and accessibility for potential businesses. Proximity to Durant: Located just 20 minutes north of Durant, this property is strategically positioned to capitalize on the growing economic opportunities and population influx in the area. Truck Stop/RV Park: With its expansive size and strategic location along major highways, the property presents an excellent opportunity for establishing a truck stop or RV park catering to the needs of travelers and truckers passing through the region. Commercial Development: The propertys prime location and ample space offer great potential for a variety of commercial developments, including retail centers, restaurants, and service stations.nNeighborhood Development: Given its good pasture and access, the property could also be developed into a residential neighborhood, providing a tranquil and spacious living environment for local residents. Single Pond: The property features a serene single pond, adding to its aesthetic appeal and offering potential recreational opportunities. High Growth Area: Coleman, Oklahoma, and its surrounding areas are experiencing rapid growth and development, making this property an attractive investment opportunity with substantial potential for appreciation. Whether youre looking to establish a thriving commercial venture or develop a residential community, this 27-acre property in Coleman, Oklahoma, offers the perfect canvas to bring your vision to life.