114 Acres for Auction in Durant, OK

Land Description

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 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 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 property's 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 property's 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, Vrbo's in the area are a hot market with projected monthly revenue from weekend rentals of both homes estimated to be per month. Commercial marketing on bypass parcel with potential for billboard marketing.

Don't 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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