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7368 US Highway 277
Elgin, OK 73538
Land For Sale · 6.00 AC
Investment Highlights
- Located directly behind the new Braums in Elgin, OK
- Heavy daytime traffic with approximately 14,000 cars daily
- Prime land for future development of hotel, restaurants or multi family
Executive Summary
PROPERTY FACTS Under Contract
1 Lot Available
Lot
| Price | $1,800,000 | Lot Size | 6.00 AC |
| Price Per AC | $300,000 |
| Price | $1,800,000 |
| Price Per AC | $300,000 |
| Lot Size | 6.00 AC |
This parcel is just over 6 AC and is located directly behind the new Braums in Elgin and adjacent to I-44. Prime land for future development of hotel, restaurants or multi family. Property has access off of Hwy 277 & an access road from Commerce Dr
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
| Parcel Number | 0068511 | Improvements Assessment | $34,745 |
| Land Assessment | $3,177 | Total Assessment | $37,922 |
PROPERTY TAXES
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