$13,282,500 • 399 acres
Name of Property: Broken Bow Oklahoma Development Opportunity
Acreage: 399 Acres
Location: 3 hours N of Dallas; 2.5 NW of Shreveport, LA
Closest Town: Broken Bow, Oklahoma
Access: Paved County Roads on North and South
Topography: Flat to gently rolling
Improvements: 5 homes, barns, shops, utilities
Water: Ponds and streams
Utilities: Rural Water
Development Potential: Excellent opportunity; access, utilities
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 water main line and a 2.5-inch line run along the north boundary; a 1.5-inch line along the south boundary; and a six-inch water main line near 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 of 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. 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 make sure you take a drive through the majestic Talimena National Scenic Byway to view the beautiful colors of 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.