About This Home
**Investment Opportunity with Unlimited Potential!** Looking for your next development project? This 5-acre property at 1210 1st Street in Velma, Oklahoma offers a rare opportunity to reimagine a former RV park in the heart of an active oilfield region. The property features approximately 27 existing RV pad locations, each with access to water and electrical hookups. There are two water hydrants, an existing septic system (size and capacity unknown), rural water, two storage buildings, and concrete throughout portions of the property. The condition and functionality of all utilities, improvements, and infrastructure are **unknown** and are being sold **as-is**, allowing investors the flexibility to evaluate and redevelop the property to fit their vision. Located just outside town with **no known restrictions**, this property offers excellent potential for a variety of uses. Whether you're considering restoring the RV park, creating workforce housing for the area's oilfield industry, developing long-term RV sites, or exploring another investment opportunity, the groundwork for your next project is already in place. With the continued demand for workforce housing and RV accommodations throughout southern Oklahoma, opportunities like this are becoming increasingly difficult to find. Bring your ideas, your vision, and unlock the potential this property has to offer. Buyer to verify the condition, capacity, and functionality of all utilities, septic system, electrical service, and existing improvements. Listing provided by Cace Robertson - Land Pros Real Estate - 580.252.3880 | 580.467.4060
Home Highlights
Property Details
Appliances & Utilities
- Utilities: Natural Gas Available, Electricity Connected
Gas & Electric
- ✓ Has Electric on Property
Exterior Home Features
- Vegetation: Partially Wooded
- Other Structures: Storage
Frontage
- Road Frontage: City Street
- Road Surface Type: Asphalt
Water & Sewer
- Sewer: Septic Tank @ Site
Surface & Elevation
- Topography: Level
Property Type / Style
- Property Type: Land
- Property Subtype: Acreage
Building
- ✓ Not Habitable Residence
Price
- List Price: $110,000
Status Change & Dates
- Possession Timing: Close Of Escrow
Direction & Address
- City: Velma
- Community: None
School Information
- Elementary School: Velma
- Elementary School District: Velma
- Jr High / Middle School District: Velma
- High School District: Velma
Listing Agent
- Listing ID: 40374