21001 SE 74th St - Harrah Newalla Road Frontage 2 Acres of Commercial Land Offered at $1,220,550 in Newalla, OK 74857

Exceptional 5± acre hard corner opportunity located in rapidly growing Southeast Oklahoma County within the expanding Harrah/Newalla corridor. Positioned at a highly visible intersection currently undergoing major infrastructure improvements, including planned roadway expansion from a 2-lane to a 4-lane thoroughfare, creating increased accessibility, traffic flow, and long-term commercial potential.
The area continues to experience significant residential growth with numerous approved and ongoing housing developments surrounding the property, driving increased demand for retail, service, restaurant, and commercial uses. In addition, future infrastructure plans include a proposed diamond on/off ramp south along I-40, providing improved regional access and strengthening connectivity to Oklahoma City, Shawnee, and surrounding communities.
The property currently consists of a residential rental home; however, the residence is considered to have no contributory value and is being marketed primarily for land redevelopment or long-term investment hold potential. Tenants are currently in place — please do not disturb tenants or enter property without appointment.
This hard corner offers excellent frontage, visibility, and accessibility in a corridor experiencing substantial public and private investment. Ideal for future retail, neighborhood commercial, service-related uses, professional office, or strategic land banking as growth continues pushing east from the Oklahoma City metro.
A third-party feasibility study is available outlining potential site concepts and development considerations for the property and surrounding trade area.