19501 West 41st Street, Sand Springs, OK 74063

SVN Oak Realty Advisors is pleased to present the exclusive offering of Discoveryland Ranch, a 97-acre active-adult development site and operating event campus located at 19501 W. 41st Street in Sand Springs, Oklahoma. The property is offered for an outright as-is sale at $6,900,000 or through a joint venture development partnership, giving prospective buyers and JV partners a rare opportunity to acquire a shovel-ready, amenity-rich site in the supply-constrained West Tulsa County submarket.

Discoveryland Ranch arrives with a meaningful head start. Roughly 75 of the site's 97 acres are developable, anchored by existing improvements that include a 2,500-capacity outdoor amphitheater and a 12,902 SF modern farmhouse clubhouse readily repurposed as resident amenities, alongside an event hall, a commercial catering kitchen, timber-frame and lakeside pavilions, a central scenic pond, and established roads, trails, and parking. These in-place improvements support a broker-opined as-is value of $6,900,000 ask, while the operating event campus contributes stabilized NOI of $809,650 to help offset carry during build-out.

The proposed phased build-out delivers up to 140 active-adult (55+) doors—120 duplex units across roughly 60 buildings plus 20 pond cottages—targeting rents of $1,500 to $3,000 per month. At stabilization the residential program is projected to generate approximately $2,199,000 of NOI, which at a 7.0% cap rate indicates a stabilized residential value of $31,414,285 to $36,650,000—a compelling development spread over the as-is basis for buyers and JV partners seeking to capitalize on Sand Springs' 4.1% annual rent growth and acute housing shortage.