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3418 E Grandstaff
160 Acres of Commercial Land Offered at $5,500,000 in Cushing, OK 74023
INVESTMENT HIGHLIGHTS
- Housing Addition in underserved market. Community Project. No Zoning or Permitting required. Opportunity Zone. TIFF.
- Tiff or like kind infrastructure likely.
EXECUTIVE SUMMARY
Opportunity to invest in a multi-use project. Will sell all or divide for the right buyers.
Underserved Regional Market of Cushing, Oklahoma.
Feasibility Study indicates Market to sell 3 homes per month in this strong regional market.
50 minutes from OKC, OK - 45 minutes from Tulsa, OK - 20 minutes from Oklahoma State University, Stillwater, OK.
107 (½ acre) Unit Housing Addition with amenities – 44,175 sq ft Health and Wellness Center.
62,676 sq ft Assisted Living Facility – 33,400 sq ft Storage Facility.
Community needs housing for professionals, Doctors, police, firefighters, nursing, engineering, manufacturing, operations, etc.
Cushing has a Great School System complemented by strong Hilcrest Hospital in the community.
OGE electric – City of Yale natural gas - Rural Water - Aerobic sewer systems.
Ponds, Fishing, extensive trail system, club house pool.
Rural addresses require no zoning. Shovel Ready.
Owner Developer.
PROPERTY FACTS
| Price | $5,500,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Conditions | Total Lot Size | 160.00 AC | |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Price | $5,500,000 |
| Sale Type | Investment |
| Sale Conditions | |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 160.00 AC |
| Opportunity Zone |
Yes |
1 LOT AVAILABLE
Lot
| Price | $5,500,000 | Lot Size | 160.00 AC |
| Price Per AC | $34,375.00 |
| Price | $5,500,000 |
| Price Per AC | $34,375.00 |
| Lot Size | 160.00 AC |
Location, Location, Location - This is a money maker.- No Zoning - Start at your convenience. Strategic location in path of growth. 160 acres mixed use community project. Diversified investment project. Sell 3 homes per month.
DESCRIPTION
107 lots, average 1/2 acre. Three commercial sites. Storage Project, Assisted Living Center Project, Health and Wellness Training Center Project. Opportunity Zone.
PROPERTY TAXES
| Parcel Number | 600089035 | Improvements Assessment | $11,760 |
| Land Assessment | $3,961 | Total Assessment | $15,721 |
PROPERTY TAXES
ZONING
| Zoning Code | Payne County, OK (No Zoning required. Shovel Ready) |
| Payne County, OK (No Zoning required. Shovel Ready) |
Presented by
Rodney Babb
3418 E Grandstaff
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