PRIME Commercial Development Site
Mixed Use | Hospitality | Shopping Center | Multifamily
Marketing description
Prime Commercial Development Site | $1,000,000
1075 S George Nigh Expressway, McAlester, OK
This 2.3-acre commercial land offering is intentionally priced at $1,000,000 to reflect its irreplaceable location, zoning flexibility, and surrounding capital investment.
Situated directly along Highway 69 and S George Nigh Expressway, this vacant parcel benefits from constant traffic flow and regional exposure in one of McAlester’s most active commercial corridors. The site sits across from the Shopps at McAlester and directly opposite a Choctaw Nation facility currently undergoing a $70 million renovation, creating a powerful demand driver for retail, hospitality, multifamily, and service-oriented development.
This is raw land with no improvements, allowing developers and investors to execute a purpose-built vision without demolition costs or functional obsolescence. The property was appraised at $897,000 in September 2023, prior to the full impact of ongoing Choctaw investment, reinforcing the current $1,000,000 pricing as a forward-looking valuation tied to growth, not speculation.
Investment Highlights:
• 2.3 acres of prime commercial land
• Heavy Highway 69 traffic exposure
• Adjacent to major retail and institutional investment
• Flexible zoning for multiple asset classes
• Strong long-term appreciation and development upside
• 2023 taxes: $5,506.77
This offering represents a strategic acquisition, not just a land purchase. A rare opportunity to control a highly visible site in the path of economic expansion, priced with confidence at $1,000,000 to reflect present value and future dominance.
Strategic Position, Future-Ready Potential:
This raw land investment is unencumbered by improvements and zoned C-Commercial, giving visionary developers maximum flexibility for a range of income-producing uses including:
• Restaurant / Dining Destination
• Retail Storefronts
• Multifamily or Apartment Units
• Hotel or Extended-Stay Hospitality
• Shopping Plaza or Mixed-Use Development
Unmatched Market Catalysts:
The parcel directly faces the Shopps at McAlester, a major retail destination drawing consistent consumer traffic. Just across the highway, a significant $70 million renovation project at the Choctaw facility is underway, injecting new jobs, infrastructure investment, and economic momentum into the immediate trade area. This redevelopment positions the site at the epicenter of commercial and healthcare growth.
High-Traffic Highway Exposure:
Fronting Highway 69, this site benefits from unparalleled visibility and regional connectivity, capturing daily commuters, transactional traffic, and destination shoppers alike.
Investment Highlights:
• 2.3 acres of prime commercial land in a high-growth node
• Flexible zoning supports a spectrum of commercial and mixed-use projects
• Strong retail draw across the highway
• Generational redevelopment dollars fueling local demand
Build Where Opportunity Meets Demand:
This is an elite opportunity for developers, institutional investors, or owner-users seeking a marquee site with maximum visibility, adaptable use potential, and catalytic adjacent development. A cornerstone property ready for purposeful, profit-oriented growth.
Buyer to confirm zoning compatability with intended use.
Broker of Record: Wyatt Poindexter of The Agency Oklahoma
Investment highlights
Strong Regional Demographics and Workforce
• McAlester serves as the county seat of Pittsburg County with an extended trade area population approaching 44,000 in the micropolitan area, supporting retail and service demand.
• Within a smaller, more immediate drive radius (3 miles), population and household counts deliver a meaningful customer base for future tenants, often overlooked in secondary markets.
• Average household incomes within the immediate node support retail disposable income well above county norms, especially closer to primary trade corridors.
High Visibility, Strong Traffic Counts
• The parcel fronts busy Highway 69 / S George Nigh Expressway, attracting 22,000 to over 30,000 vehicles per day, delivering continuous exposure to commuters, regional traffic, and destination shoppers.
• Visibility from this primary north-south corridor positions this site as a gateway to McAlester’s primary retail and employment nodes.
Established Retail and Institutional Neighbors
• Directly across from The Shops at McAlester, home to national tenants including Ross, Hobby Lobby, TJ Maxx, Ulta, Walmart Supercenter, and Lowe’s, reinforcing the highway as the retail spine of the region.
• Proximity to major employers like McAlester Regional Health Center and the broader healthcare cluster supports daytime demand and ancillary service needs.
Economic Catalysts and Adjacent Investment
• Ongoing multimillion-dollar redevelopment at a Choctaw Nation facility across the highway is injecting new capital, job growth, and regional draw, elevating long-term land value and demand for commercial services.
• McAlester’s economy is anchored by diversified sectors including healthcare, retail, public institutions, and defense manufacturing, including the McAlester Army Ammunition Plant which remains a significant local employer.
Affordable Market with Growth Potential
• Relative affordability in McAlester compared with larger metro markets supports lower construction costs and favorable returns, while rising property values reflect positive underlying trends.
• Strong homeownership and stable population dynamics create a long-term residential base that supports future multifamily or mixed-use demand.
Positioning for Multiple Uses
This site’s zoning flexibility coupled with infrastructure access makes it suitable for:
• Retail, dining, and service hubs
• Multifamily or urban living nodes
• Hospitality and extended-stay facilities near regional traffic flows
• Mixed use or destination lifestyle development
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