$119,500

56161 State Highway 48 Cleveland, OK 74020

Estimated payment $782/month

Total Views 8,974
1 Acre
$119,500 Price per Acre
43,560 Sq Ft Lot

About This Lot

COMMERCIAL PROPERTY WITH HIGHWAY FRONTAGE NEAR KEYSTONE LAKE! This versatile 1 +/- acre property with over 2,600 square feet of interior space (CH) offers outstanding potential for investors, entrepreneurs, or lake enthusiasts looking to create something unique. Located directly on Highway 48 with excellent visibility and access, the building was originally constructed for an HVAC business and features robust infrastructureincluding 3-phase electricmaking it ideal for a variety of commercial uses. The structure includes 2,642 sq ft of interior space, plus a 645 sq ft covered rear area, a new 30-year roof on the front section (installed in 2023), and a durable metal roof on the back. A spacious covered bay on the south side serves as an excellent workspace or storage zone. Perfect for using it as a retail shop in front and warehouse in the back. The building is ready to be customized for a workshop, office, lake toy rental business, boutique storefront, or even a caf or studio. It would also be a great fit for any small service business, seeking a highly visible and functional headquarters with room to grow, such as HVAC, plumbing, landscaping, marine repair, or construction. Surrounded by residential homes, the property also presents strong potential for conversion into a stunning barndominium or live-work space. This is a rare opportunity to secure a highly flexible asset with both immediate functionality and long-term growth potential. Just minutes from Keystone Lake and under 30 miles from Tulsa with fast, toll-free highway access, this property is uniquely positioned for both commercial success and personal enjoyment. Whether launching a business, building a lakeside retreat, or holding for future development, this one checks all the boxes. Schedule a private showing today. Buyers agents welcome!

Drew Ary

Listed on: 05/27/2025

Listing Provided By

Property Details

Property Type

  • Land

Home Design

  • Slab Foundation

Bedrooms and Bathrooms

Utilities

  • Central Heating
  • Heating System Uses Gas
  • Cable TV Available

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • BathsCombined: 1
  • Office Phone: 918-800-9414
  • Listing Website: https://www.land.com/property/56161-state-highway-48-cleveland-oklahoma-74020/23657733/
  • Property Type: Lot / Land
  • Property Sub-Type: Other
  • Offered By: LandNetwork
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Has Attic: No
  • Disability Access: No
  • Sprinklers: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Foundation: Slab

Utilities

  • Heating Fuel: Central Heat-Gas
  • Heating: Central Heat-Gas
  • Cable Ready: True

Multi Family

  • Utilities Available: Cable Available, Electric

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2025 05/22/25 For Sale $119,500 -- $45 / Sq Ft