State Hwy 112 , Poteau, Oklahoma, 74953
LOCATION: At the North edge of the city of Poteau fronting about 1,000 feet along SH 112 along the Northerly side of the land and fronting about 805 feet along East 820th St. which is the South boundary of the land, Poteau, Ok 74953. This area of our city is experiencing significant commercial development in the past few months. There is a new ‘Holiday Inn’, new ‘Chilies’ New ‘Choctaw Travel Center & Casino’. ‘John-Deere Tractor Dealership’, Burger King and a strip shopping center to mention a few. The Walmart Supercenter is across the highway to the SW from this land.
LAND: Mostly level land currently used as pasture and hay meadow with two older rental dwellings located on the property. The land is all fenced for pasture. There is a seasonal creek through the NE section of the land and a pond for livestock water.
SERVICES: Electric, natural gas, city water, school bus route, mail route, trash pickup, TV cable service, Internet service, telephone, city police and fire protection.
1. A two bedroom frame rental house which rents for $575 per month.
2. A three bedroom frame rental house which rents for $400 per month.
TAXES: About $1,431 per year as per LeFlore Couty Assessor.
COMMENTS: Versatile investment opportunity for this prime parcel of land located with highway frontage along the North side (about 1,000 ft) and county road frontage along the South (about 805 ft). The highway frontage has one access point at the NE corner as SH 112 is a limited access highway. Visibility from flowing traffic in both directions is great. This should be a great location for any type business that needs this type exposure. The South side is the location of the rental homes with 3 or 4 more new home-sites if desired. All utilities are on site for construction, but city sewer is not presently available. This property has a very scenic view of nearby Cavanal Mountain located on the West side of Poteau.