Property
Auction114 Acres5 beds • 3 baths • 1 half bath • 4,858 sq ft
Off Market
Off Market
Auction114 Acres
Off Market
5 beds • 3 baths • 1 half bath • 4,858 sq ft

1714 Rodeo Rd, Durant, OK 74701 - Bryan County

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Property ID 20428287

Auction Information

1714 Rodeo Rd Auction
1714 Rodeo Rd, Durant, OK
Start Date: 06/20/2024, 06:00 PM
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114 Acre Property Auction in Durant, OK

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 $500-$700/night 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 propertys 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 propertys 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, VRBOs in the area are a hot market with projected monthly revenue from weekend rentals of both homes estimated to be $10,000- $15,000 per month. Commercial marketing on bypass parcel with potential for billboard marketing.

Dont 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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Source:First Street
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Source: MLS# 35107-24101
Listing last updated: May 24, 2024 at 7:59 AM
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