Newalla, OK 74857
59 S Peebly Road, Newalla, OK 74857
The details
About this home
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.
Price history
History from MLS records since this home was listed.
Monthly cost
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Principal, interest, taxes, insurance, and HOA.
The MLS reports $250 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.
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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.
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Listing provided courtesy of Brian Merzlock, Keller Williams Realty Adv. (918-347-1134). Status: Active.
Listings courtesy of MLSOK as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of Mar 8, 2026, 6:59 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.
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Data last updated Mar 8, 2026, 6:59 PM CT. MLS # 1216347. Homestead & Co is a licensed Oklahoma real estate brokerage.
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