property

I-40 & Highway 270 in Canadian County

Status: Available
Price: $5,000,000
Acres: 250 +/-
Price Per Acre: $20,000
Type: Undeveloped Land, Commercial Land
City, State: Calumet, Oklahoma
County: Canadian
Zipcode: 73014
Lat/Long: 35.529745, -98.118677
Rep: Dan Ward

Description

This property is strategically located on Interstate 40 with frontage on state highway 270.  There is constant oilfield traffic accessing the interstate next to this location.

Location:

*El Reno, OK---10 mi

*Yukon, OK---21 mi

*Oklahoma City, OK---25 mi


Access:
*1,400+/- feet frontage on Highway 270
*Historic Route 66

Water:
*Rural Available

Utilities:
* Electricity


Minerals:
* Surface only

General Description:

Seller Will Divide!

This property is located in the western portion of Canadian County, OK at the intersection of Interstate 40 and Highway 270. The property is split into two separate tracts, both with I-40 frontage.

The Seller owned this property prior to the construction of I-40 and negotiated a tunnel under the interstate big enough for a vehicle which gives access to both parcels without leaving the property.

Both on-ramp and an off-ramp access is available from I-40 to highway 270.

Historic Route 66 fronts the northern boundary for approximately half a mile

Highway 270  makes up the eastern boundary for approximately 1,400 feet.

The portion of Calumet Road located south of I-40 is scheduled to be paved from the concrete at the I-40 bridge, all the way south to Reno Avenue.

This tract could be ideal for an oil field related company due to its location in the southern portion of the STACK Shale formation and proximity to the SCOOP formation.  The location would also be ideal for any number of commercial or industrial business.

According to Oklahoma Department of Transportation, the traffic count along this stretch of I-40 is over 27,000 vehicles per day.

Rural water is available along the northern and eastern boundaries.  Several nice ponds are also located on the property, including one pond that measures approximately 5 surface acres.

Electric is available along the north, south, and east boundaries.

Currently, the property is zoned agricultural and is being leased for farming and grazing for cattle.

Additional sources of income include a cell tower lease and a billboard lease along I-40.


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