Log In/Sign Up
Your email has been sent.
19501 W 41st St - Discoveryland Ranch 12,902 SF Specialty Building Offered at $6,900,000 in Sand Springs, OK 74063
Investment Highlights
- 98-acre ranch offering significant value-add and development upside
- Historic outdoor amphitheater & concert theatre – former home of Rodgers & Hammerstein’s “Oklahoma!”
- JV Development Opportunity
- Established outdoor amphitheater with immediate revenue potential
Executive Summary
JV OPPORTUNITY PREFERRED
Alternatively available for an as-is sale at a minimum price of $6,900,000.
Discoveryland Ranch is a rare 98-acre special purpose property in Sand Springs, Oklahoma (Tulsa metro) featuring a historic outdoor amphitheater and concert theatre, along with established wedding and event venue infrastructure. Originally the long-time home of Rodgers & Hammerstein’s “Oklahoma!”, the property offers immediate event revenue potential plus significant value-add upside through venue expansion, entertainment district development, or alternative uses.
Key features include the iconic amphitheater/outdoor concert theatre, banquet/event spaces, guest house, pavilions, extensive parking, ponds, and scenic acreage ideal for events, retreats, or redevelopment. The property is currently operating as a wedding and event venue with strong demand in the Tulsa market.
This is a flexible opportunity for buyers seeking either a turnkey event/hospitality asset or a land/development play. Seller is motivated and open to creative structures including joint venture partnerships.
Property highlights:
• 98 acres in desirable Sand Springs / Tulsa metro location
• Historic amphitheater and outdoor concert theatre
• Established wedding and event venue operations
• Multiple buildings and infrastructure already in place
• Significant upside for expansion or repositioning
Contact for full Offering Memorandum, financial details, site plans, or private tour. Serious inquiries only.
Alternatively available for an as-is sale at a minimum price of $6,900,000.
Discoveryland Ranch is a rare 98-acre special purpose property in Sand Springs, Oklahoma (Tulsa metro) featuring a historic outdoor amphitheater and concert theatre, along with established wedding and event venue infrastructure. Originally the long-time home of Rodgers & Hammerstein’s “Oklahoma!”, the property offers immediate event revenue potential plus significant value-add upside through venue expansion, entertainment district development, or alternative uses.
Key features include the iconic amphitheater/outdoor concert theatre, banquet/event spaces, guest house, pavilions, extensive parking, ponds, and scenic acreage ideal for events, retreats, or redevelopment. The property is currently operating as a wedding and event venue with strong demand in the Tulsa market.
This is a flexible opportunity for buyers seeking either a turnkey event/hospitality asset or a land/development play. Seller is motivated and open to creative structures including joint venture partnerships.
Property highlights:
• 98 acres in desirable Sand Springs / Tulsa metro location
• Historic amphitheater and outdoor concert theatre
• Established wedding and event venue operations
• Multiple buildings and infrastructure already in place
• Significant upside for expansion or repositioning
Contact for full Offering Memorandum, financial details, site plans, or private tour. Serious inquiries only.
Data Room Click Here to Access
Financial Summary (Pro Forma - 2027) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2027) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $6,900,000 | Building Class | C |
| Price Per SF | $534.80 | Lot Size | 98.00 AC |
| Sale Type | Investment | Building Size | 12,902 SF |
| Sale Condition | Redevelopment Project | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2022 |
| Zoning | AG - Agricultural with Commercial Usage--Special Usage Permit with Tulsa County. | ||
| Price | $6,900,000 |
| Price Per SF | $534.80 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| Property Type | Specialty |
| Building Class | C |
| Lot Size | 98.00 AC |
| Building Size | 12,902 SF |
| No. Stories | 1 |
| Year Built | 2022 |
| Zoning | AG - Agricultural with Commercial Usage--Special Usage Permit with Tulsa County. |
Amenities
- Controlled Access
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 99023-90-23-26010 | Improvements Assessment | $80,201 (2025) |
| Land Assessment | $1,784 (2025) | Total Assessment | $81,985 (2025) |
Property Taxes
Parcel Number
99023-90-23-26010
Land Assessment
$1,784 (2025)
Improvements Assessment
$80,201 (2025)
Total Assessment
$81,985 (2025)
1 of 100
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
19501 W 41st St - Discoveryland Ranch