Cemetery Road

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Cemetery Road

Durant, OK 74701
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The parcel encompasses 5 acres of commercial land.
  • Property is situated directly along Cemetery Road in Durant.
  • The location is positioned within a developing regional economic center.
  • Site supports diverse uses including retail or industrial development.
  • Geographic coordinates are 34.0627 latitude and -96.2772 longitude.

What's Special

This commercial land spans 5 acres along Cemetery Road in Durant, Oklahoma. The property occupies a strategic position within the local submarket, providing ample space for developers seeking to establish a presence in this growing regional center. Durant serves as a vital economic hub for the surrounding area, benefiting from steady population growth and proximity to major regional transit corridors. The site offers significant flexibility for various commercial applications, ranging from retail developments and industrial operations to service-oriented businesses. Given the parcel size and its accessible coordinates, investors can leverage this asset for long-term land banking or immediate ground-up development projects. The surrounding community supports a diverse range of business activities, making this acreage a practical choice for those evaluating entry into the Southern Oklahoma market.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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