3515 W Elk Ave
Duncan, OK 73533
Land For Sale · 19.00 AC

Positioned on West Elk Avenue within Duncan’s primary growth corridor, this 19-acre, rough-graded tract offers a compelling platform for retail-driven development and complementary commercial uses. The site is retail land with pad site potential, aligning the opportunity with demand for daily-needs, service, and destination retail formats along the city’s core east-west artery.
Regional access is a standout advantage. The Oklahoma Department of Transportation has advanced an interchange project at the Duncan Bypass and Elk Avenue to improve safety and traffic operations, with construction anticipated to start in 2025. This planned improvement is designed to accommodate future traffic growth and enhance circulation at Elk Avenue, strengthening long-term accessibility for customers, employees, and deliveries. The corridor itself is a well-known commercial node anchored by Highway 81 and Elk Avenue, reinforcing visibility and retailer co-tenancy potential for a phased pad site rollout.
Investor flexibility is further supported by indications that the offering is eligible for tax increment financing, subject to municipal processes. This can materially improve project feasibility for site work, access, or public-realm enhancements tied to a retail site plan. Any incentive pursuit should be evaluated with qualified advisors and city staff; this is not legal or tax advice.
With scale to accommodate a range of concepts, proximity to established retail along Highway 81, and planned transportation upgrades that benefit Elk Avenue, 3575 West Elk Avenue provides a credible setting for a program of pad sites, neighborhood retail, and service uses. The land’s condition and size invite a thoughtful master plan that sequences absorption while capturing near-term demand generated by the corridor’s role as Duncan’s everyday retail address.