Auction Information
Online Bidding Site114 Acre Property Auction in Durant, OK
114 Acres and Two Homes Within a Mile From Choctaw
Versatile Land For Auction In Durant, Oklahoma
Bid Now Thru June 20 6 PM CT
Property Location: 1714 Rodeo Rd, Durant, Oklahoma, 74701
Preview Dates:
May 30 6 PM CT
June 9 2 PM CT
June 15 3 PM CT
The property is located in a highly sought-after area within a mile of Choctaw Casino. This is the largest piece of land for sale located within the area with frontage on both Rodeo Road and the highway bypass. The property is currently being used as a cow/calf operation and performance horse ranch, however, the prime location gives this property unlimited versatility. Purchase the property in its entirety and enjoy the luxury of a 4800 sq ft primary residence that is complete with commercial grade Thermador appliances, a heated 20 x 40 pool with spa, outdoor kitchen, and a large entertainment room complete with custom bar.
The 1900 sq...
The 1900 sq ft second home can be used as a guest/ranch hand house, office, or use it for immediate return on investment by capitalizing on the hot VRBO market in the area. (Estimated $500-$700/night as a VRBO with high demand for this type of property with a short 3-minute drive to the casino and a five-minute drive to the airport). Also, capture another immediate return on investment by utilizing the parcel with bypass frontage for marketing such as billboard advertisement.
If you are looking for an investment property, look no further. The location of this property lends itself to almost any market. Buy it now and enjoy living in the tranquil oasis that the half-mile-long driveway provides or began your dream of becoming a real estate mogul with a property that can be as diversified as your imagination will allow. Commercial investors could consider conversion of the property to a winery, wedding venue, indoor sports entertainment venue such as climate-controlled golfing, restaurant, sports bar, RV park, etc. Residential development in this area is also a hot market. This propertys driveway sits on a section line and should the buyer be interested, it could be easily opened as a county road to allow access and development to all or part of the 114 acres for residential or commercial usage.
Main House:
4858 sq ft (MOL)
5 BR/ 3.5 BA
Large kitchen with 16 ft island and commercial grade
Thermador appliances including a total of 4 ovens and 6 range stove
Luxury appliances
Granite countertops
20 x 40 ft heated/lighted pool with spa
Outdoor kitchen
Large entertainment room with custom bar
Wired for Satellite
Wired for high-speed internet
Floored attic
Security system owned
Vaulted ceilings
Vinyl windows
Tile & vinyl flooring
Gas log fireplace
HVAC 3 units, zoned geothermal heat pump
Second House:
1900 sq ft (MOL)
3 BR/ 2 BA, with a loft for an office or additional sleeping quarters
Hot Tub/Spa with heat/ac
Outdoor Structures:
36 x 60 Horse Barn with 5 Priefert horse stalls with 30/50 amp electrical outlet for RV,
camper, etc.
Hay Barn
Shop
Loafing sheds
Additional covered parking
Land Information:
4 ponds
Mature trees
Frontage on two major roads
Buyer could request driveway to be opened as a county road
Potential Uses:
The location and layout of this amazing property makes it highly versatile including potential for:
Ranch:
Performance Horse/Equestrian, Cattle Operation, Farming
Commercial:
Prime location for commercial development given its proximity to the Choctaw Casino and major highways. Commercial investors could consider conversion of the property to a winery, wedding venue, indoor sports entertainment venue such as climate controlled golfing, restaurant, sports bar, RV park, etc.
Residential:
Residential development in this area is also a hot market. This propertys driveway sits on a section line and should the buyer be interested, it could be easily opened as a county road to allow access and development to all or part of the 114 acres for residential or commercial usage.
Immediate Return on Investment Opportunities:
VRBO one or both homes. With a three-minute drive to the Choctaw Casino and Resort and their expansive weekend concert lineups, VRBOs in the area are a hot market with projected monthly revenue from weekend rentals of both homes estimated to be $10,000- $15,000 per month. Commercial marketing on bypass parcel with potential for billboard marketing.
Dont miss out on this incredible opportunity. Contact us today for more info!
United Country | Oklahoma Land and Auction
James Dolezalek, Real Estate Agent, ALC
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