Shawnee, OK 74804
38971 W Macarthur Street, Shawnee, OK 74804
The details
About this home
Excellent opportunity to invest in commercial property or build a commercial venture. Located along Macaurthur Street just east of the intersection of Macaurthur and Highway 177 and just across from the Kickapoo Casino in the outskirts of Shawnee provide wonderful visability for this land. This area has a traffic count of over 15,000 per day on average. Great location for office complex, fast food restaurants, convinience store, grocery store, large retail operation, light industrial business or any other business venture you have in mind. The lot is located outside of city limits that offer less restricion for building but with access to city services! Property can be sold individually or combined with adjoining property for a complete total of 10.76 acres for a large scale commercial project. Land size can be surveyed off to accomodate potential buyers. With easy access to 177 and only 2 miles to Interstate 40, this location should be ideal for a multitude of different business opportunities.
Price history
History from MLS records since this home was listed.
How much to offer
Market context, not advice — your agent will help you decide.
If this home sells the way similar homes here did
$2,369,000 – $2,500,000
94.8% – 100.0% of the $2,500,000 list price
How we got this
- Similar homes in ZIP 74804 sold for a median 94.8% of their final list price (12 sales).
- 33% of them sold at or above list price.
- They took a median 77 days to go under contract and close. This home has been listed 5 days.
- Brand-new listings here often draw close to full price, so the range leans higher.
Source: MLSOK closed sales in ZIP 74804 with similar bedrooms and size, Nov 2025–Oct 2026 (12 sales). Sale-to-list uses each home's final list price. Condition, upgrades, terms and timing matter as much as price. This is not an appraisal or a valuation of this home.
Talk it through with an agentMonthly cost
— / month
Principal, interest, taxes, insurance, and HOA.
Assumes a $2,500,000 price, 20% down, 30-year fixed rate at 7.24% (APR 7.24%). Includes taxes and insurance; mortgage insurance not included. APR assumed equal to the rate; actual APR will be higher with lender fees. Estimate only. Not a loan offer or commitment.
The MLS reports $342 in annual taxes, which may not reflect the next owner's assessment. This calculation starts with a planning allowance of 1.1% of the price. Adjust taxes below after confirming the amount with your lender or county assessor.
- Principal & interest
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- Property taxes
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- Home insurance
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- HOA
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Planning estimate, not a quote. Rate and insurance are editable assumptions. Taxes can change after purchase; confirm HOA dues and their frequency. Mortgage insurance, closing costs, and maintenance are not included.
Rate: Freddie Mac Primary Mortgage Market Survey 30-year fixed average for the week of Oct 29, 2026, via FRED. An average, not a quote.
Insurance: about $5,800/yr for a $300,000 Oklahoma home, scaled by price (Oklahoma average, InsuranceNewsNet and Insurify 2026 studies). Your quote depends on the home, roof, deductible and insurer.
What will insurance cost on this home?
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Liberty Link Group · licensed insurance agency
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A quote is not a policy or a binder. Coverage depends on the insurance company's review.
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Kurt Swink · Financial Concepts Mortgage
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Kurt Swink, NMLS #207515 · Financial Concepts Mortgage, NMLS #181632.
This is not a loan application, a rate quote, an offer of credit or a commitment to lend. Loan approval depends on the lender's review.
Equal Housing Opportunity.
Your request also goes to your Homestead & Co agent. We share only what you type here plus the general price range you were looking at.
Recently sold nearby
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Listing provided courtesy of Jeffrey Scott, Century 21 First Choice Realty ((580) 454-0021). Status: Active.
Listings courtesy of MLSOK as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of Oct 30, 2026, 10:03 PM CT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS, as established by the applicable MLS Governing Documents.
The listing information provided here is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use or search of this data other than by a consumer looking to purchase real estate is prohibited.
Data last updated Oct 30, 2026, 10:03 PM CT. MLS # 1256171. Homestead & Co is a licensed Oklahoma real estate brokerage.
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