SOUTHEAST CORNER HWY 51 & 105TH STREET
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Property Type:
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Vacant Land
for Sale
Retail
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| Gross Land Area: |
4.13 Acres |
| Sale Price: |
$900,000 |
| Unit Price: |
$217,917.68 Per Acre |
| Sale Terms: |
Cash to Seller |
| Last Updated: |
8/27/2010 |
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This property sits at the Southeast Corner of Highway 51 and 105th Street in Coweta, Oklahoma. It consists of 4.13 acres of which the owner would prefer selling in its entirety, but would consider dividing. This site has approximately 367 feet of frontage along Highway 51 and 733 feet along 105th Street. This site is excellent for a Hotel/Motel, retail strip center, full service gas stations convenience store facility, or a wide range of single uses. The City of Coweta is very growth minded and assists new property owners in every way possible in there investment ventures.
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| Nearest MSA: |
Tulsa |
| County: |
Wagoner |
| Market Type: |
Medium |
| Property Located Between: |
Highway 51 |
| Side of Street: |
East |
| Road Type: |
Highway |
| Property Visibility: |
Excellent |
| Legal Description: |
SEE PLAT OF SURVEY ATTACHED |
| Street Name: |
105th |
| Feet of Frontage: |
366 |
| Vehicle Count: |
22,000 |
| Transportation: |
Highway |
| Highway(s) Access: |
Highway 51, Creek Turnpike and Muskogee Turnpike |
| Site Description: |
366.64' Frontage on Highway 51, 508.87' on the South Property Line, 733.02' on the North Property Line along 105th Street and 288.56' on the East Property Line, consisting of 4.13 acres more or less. Great visibility and site is level. |
| Area Description: |
Highway 51 is a highly traveled highway with approximately 22,000 vehicles per day recorded. The population at this site is approximately 10,000 in a 3 mile radius and 19,000 in a 5 mile radius. The new Walmart Supercenter located at 11th Street and Highway 51 is due open approximately in April, 2008, and on the opposite corner ground is being turned for a new McDonalds. Several new strip centers have been constructed and are current being leased up. There will be a new National Guard Reserve Armory to be completed in 2009 located at 257th and 101st Street next the Muskogee Turnpike. This new armory will bring over 2400 troops per month into the area, and these troop will need temporary housing, food and gas which will definitely add to the economy of the area. |
| Lot Frontage (Feet): |
366.64 |
| Lot Depth: |
733.02 |
| Topography: |
Level |
| Easements: |
Utilities |
| Easements/Encumberances Description: |
Utilities and roadway setbacks |
| Soil Type: |
Mixed |
| Available Utilities: |
Water |
2000 CensusDemographic Statistics |
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
790 |
6,909 |
20,915 |
| Median Age: |
37 |
37 |
36 |
| Households: |
269 |
2,341 |
7,388 |
| Avg. Household Income: |
$60,197 |
$61,999 |
$58,054 |
| More Demographic Statistics |
For More Information, Contact… |
| Note: The information presented herein is provided as is, without warranty of any kind. Neither Commercial IQ nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.
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