Broken Bow Development Opportunity
OPPORTUNITY ZONE AND HUB ZONE
This 399 acres is located at the gateway to Hochatown, Oklahoma, just northwest of Broken Bow. The development boom is in full swing and the opportunities are tremendous. Broken Bow is touted as being the 2nd fastest growing tourist destination in the U. S. and is a popular destination for visitors from many surrounding and distant states. Current census has available rentals at 1800, up from 600 in 2018. The majority of these rentals are well appointed with hot tubs, shuffleboard, grills, decks, fire pits, fireplaces and other amenities.
The terrain is flat to gently rolling and conducive to pad site preparation without a lot of additional leveling or fill work being needed. Large hardwoods add character, appeal to the property, and provide privacy breaks. There are also open grass areas amenable to commercial or entertainment venue development without having to clear timber. Gravel on the land could be used for road construction or pad site preparation. Six ponds are in place to add ambiance to multiple building locations. Yashau Creek meanders over 3,000 feet through the property providing additional scenic building sites or commercial locations overlooking this beautiful creek. The location is very convenient for visitors coming in from the south, east or west, as Google Maps is already directing traffic past the property from the west in route to Hochatown. There are two larger homes on the land, and four smaller homes that could be quickly turned into rental properties or sold.
Utilities: A six-inch and an eight-inch water main lines run along the north boundary; a 1.5-inch line along the south boundary. Electricity is already at multiple locations on the land. Oklahoma Natural Gas has a main line just west of the property.
Access: Paved County Road frontage along the north and south boundaries. Streets could come off these roads for a street/s going through the development for traffic flow, or to create multiple cul-de-sac areas. The property lies 1.25 miles west of State Highway 259, and ¾ mile East of State Highway 3.
Zoning: The property is located outside city limits and is not restricted by zoning.
Existing Structures (houses): 3100 sq. ft. home; 2080 sq. ft. home, 1188 sq. ft. home, 816 sq. ft. cabin, and two other homes.
Taxes: $2,743.66 (current/year)
Area attractions: Sited in the foothills of southeastern Oklahoma, the Ouachita National Forest contains the beautiful Kiamichi Mountains and Beavers Bend State Park. Within the park is the 14,000 acre Broken Bow Lake which is 22 miles in length, beautifully nestled within the foothills with Pine timber lining the shorelines. The lake provides activities such as kayaking, boating, canoeing, swimming, skiing, fishing (including Trout below the dam), and other water sports. Relax and refresh at one of the many restaurants, gift shops, wine tasting venues, Beaver’s Bend Mining Company, The Maze (a 29,000 sq. ft. outdoor wooden maze), Cedar Bluff Nature Trail, Forest Heritage Tree Trail along Beaver Creek, Forest Heritage Center, David Boren Hiking Trail (and many smaller trails), horseback riding, miniature golf, ziplining, and mountain biking. In the Fall be sure to take a drive through the majestic Talimena National Scenic Byway to view the beautiful colors of the season.
Hochatown, OK – 8 miles
Dallas, TX-3 hours
Oklahoma City, OK -3.75 hours
Springfield, MO- 5.5 hours
Fayetteville, AR-3.1 hours
Texarkana, TX – 1.5 hours
Tyler, TX- 2.5 hours
Shreveport, LA-2.5 hours
Denton, TX- 3.2 hours
Ft. Smith, AR- 2.2 hours
Tulsa, OK- 3.15 hours
Call Sandy Brock Bahe to view or for more information: 918-470-4710 or Toll Free at 844-WCR-LAND.
DISCLAIMER: The information contained herein is as obtained by this broker from sellers, owners, or other sources. This information is considered reliable, neither this broker nor owners make any guarantee, warranty or representation as to correctness of any data or descriptions and the accuracy of such statements. The correctness and / or accuracy of any and all statements should be determined through independent investigation made by the prospective purchaser. Any offer for sale is subject to prior sale, errors and omissions, change of price, terms or other conditions or withdrawal from sale in whole or in part, by seller without notice and at the sole discretion of seller. Readers are urged to form their own independent conclusions and evaluations in consultation with legal counsel, accountants, and/or investment advisors concerning and all material contained herein.
This 20 acres is sited in an exceptional location for development potential. Located in both Opportunity and HUB Zones! Rural water, electricity, natural gas are already in place. Google Maps is already routing tourist traffic past the property in route to Hochatownt, Oklahoma. Hochatown is touted as the second fastest growing tourist destination in the U. S. currently. By end of year 2023 the Choctaw Nation is scheduled to have completed a $165,000,000 Casino and Resort at Hochatown to employee approximately 400 people. The entertainment and resort is planned to include a four-story, 202,000 square-foot 100-room hotel, and 600 slot machines.
The property features a 3000+ square foot home with cathedral ceilings, an opulent Owners Suite, and huge bathroom, and a guest bedroom on the first floor. Also featured is a large kitchen, huge breakfast bar, and oversized laundry room, and large Half bath. A floor to ceiling stone two-sided fireplace is sited between the living room and the kitchen/dining area. The house features an open concept design. There is also one bedroom upstairs.
Other amenities include two shops, a large barn with horse stalls, fencing and cross-fencing, and a pond for livestock water. The property is serviced with rural water, electricity, natural gas, and a septic system. Pipe fencing along the paved county road frontage gives nice curb appeal to the ranchette.
Located about 20 minutes from beautiful Broken Bow Lake and Beavers Bend State Park, the property is in a highly sought after area that has seen very good property appreciation. Call Sandy Brock Bahe at 918-470-4710 or Toll Free at 844-WCR-LAND.