113 Ray Fine BlvdRoland, OK 74954

Property Details for 113 Ray Fine Blvd

Year built

1994

Lot size

1.00 AC

Property size (Sq ft)

3,178 SF

Property type

Drive through restaurants

APN

0000-26-011-026-0-031-00

APU

26011026003100

Description

This exceptional 1.6-acre commercial land parcel presents a unique investment opportunity in Roland, Oklahoma. Located at 113 E Ray Fine Blvd, this property boasts a highly desirable location directly adjacent to a Pilot Travel Center, Wendy's, and Arby's, ensuring high visibility and substantial foot traffic. The lot is conveniently situated just off Interstate 40 exit 325, providing easy access for customers and employees. Priced at $418,176, or $6 per square foot, this land offers significant potential for development. The property's strategic location near major roadways and established businesses makes it ideal for a variety of commercial ventures. Its size and prime location offer exceptional value for investors seeking a high-return opportunity in a rapidly growing area. The land is ready for immediate development, presenting a chance to capitalize on the strong commercial activity in the immediate vicinity. This is a rare opportunity to acquire a well-positioned commercial lot in a thriving market. Don't miss out on this chance to secure a piece of prime real estate in a high-traffic area with established businesses as neighbors. The property is zoned for commercial use and is ready for your vision.

• CAP approach

  CAP return

  Valuation

  6%

  $407,237

  6.5%

  $375,911

  7%

  $349,060

• Comparable approach

  Method

  Valuation

  Relative Method

  $572,852

  Geo Method

  $572,852

• Alternative Use

  Use

  Valuation

  Residential

  $317,095

  Hospitality

  $290,458

  Educational

  $241,657

  Medical

  $249,968

  Retail

  $375,911

Location Insight

City

Roland

County

Sequoyah

State

Oklahoma

Latitude

35.4045

Longitude

-94.5174

CBSA code

22900

CBSA name

FORT SMITH, AR-OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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