TURNPIKE FRONTAGE FUTURE: 59 gross acres - South Peebly planned as the first exit south of I-40 Interchange in OKC off the new 'Outer Loop' (East West Connector) - Future Development Raw Land. Positioned to become the first right-hand turn off the new S Peebly Road exit, this 59; acre tract offers rare control of prime frontage at the intersection of long-term infrastructure expansion & 50-year growth projections. Located in the Newalla area within Oklahoma City limits in Cleveland County, the site sits along the new corridor connecting Interstate 40 (Tulsa & OKC) to Interstate 35 (OKC & Dallas). Few properties offer this level of future visibility & access. Positioned as the first property off the new interchange along Interstate 335 connecting I-40 & I-35, this 59 acres in 2 tracts provides an early-mover advantage in the growth corridor between OKC & Norman. Comprised of two raw land tracts totaling ~59 acres, the property features over 660 feet of frontage on S Peebly Road, providing outstanding visibility, access flexibility, & development versatility. Strategically located between Norman & Shawnee, the owner will divide upon accepted offer & entitlement, & private utilities are permitted. Early positioning along major transportation projects consistently drives long-term value. Secure frontage, scale, & future access in one of the metro’s most promising corridors. ***Please note: References to a proposed turnpike exit, interchange, or roadway improvement are based on public planning info. Construction timelines, funding, final design, & access configuration are subject to change. Illustrations are for informational purposes only & actual lines are subject to final ROW & Survey.
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Zillow last checked:
Listing updated:
Listed by:
John Merzlock208-680-8000,
Keller Williams Advantage
Source: MLSOK/OKCMAR as distributed by MLS GRID,MLS#: 1216347
Facts & features
Property
Features
Fencing: Wire,Fenced
Waterfront features: Creek
Frontage length: 660
Lot
Size: 59 Acres
Features: Interior Lot, Other, Wooded
Topography: Rolli
Details
Parcel number: 59SPeebly74857
Zoning description: Agriculture
Special conditions: None
Utilities & green energy
Electric: Public
Community & HOA
Location
Region: Newalla
Financial & listing details
Annual tax amount: $250
Date on market: 2/27/2026
Listing terms: Cash,Conventional,Seller will Finance
Road surface type: Asphalt
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
2/27/2026
Listed for sale
$2,250,000
Source: MLSOK/OKCMAR as distributed by MLS GRID #1216347Report a problem
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Source: MLSOK/OKCMAR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.