000 Derrick Lane, Ada, OK 74820
Petroleum Estates · Pontotoc County
Key Facts
Description
21.06 ACRES MOL OF PRIME IN-TOWN DEVELOPMENT OPPORTUNITY!! Approximately 21.06 acres MOL located near Mercy Hospital in Ada, offering a rare opportunity for in-town acreage with development potential. With city water and sewer available, this property is well-suited for residential development, phased expansion, or long-term investment. A plat map is available for buyers interested in continuing future phases or exploring subdivision possibilities. Situated in an established area with convenient proximity to major streets, shopping, restaurants, schools, and medical facilities, this tract provides both accessibility and flexibility. The layout allows for multiple homesites, a private estate setting, or a thoughtfully planned development concept. Large acreage with utilities available inside city convenience is increasingly hard to find. Contact us today for additional information or to review the plat map and discuss the possibilities. Listing Agent is related to the sellers. OK License #158407.
Property Information
Property Type
Land
Lot Size
21.07 acres
Days on Market
26
MLS® Listing#
2606476
Property Features
Fencing
Sewer
Water Source
Financial Details
Annual Taxes
$1,909
Tax year 2025
Parcel Number
0560-36-004-006-0-022-00
Directions
From the intersection of Arlington and Monte Vista, head south on Monte Vista and continue past Mercy Hospital. Turn east onto CR 1545, then turn north onto Derrick Lane. Property includes the vacant lots along Derrick Lane as well as the larger tract extending behind.
Affordability Calculator
$400,000
Estimated monthly payment
$10,645/mo
Principal $1,600,000 · Est. interest $2,232,142 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Ada, OK
- $206,061
- Median Listing Price
- 54
- Median Days on Market
- 1,500
- Median Sq Ft
- $131
- Median Price / Sq Ft
- 106
- Active Listings
- This home’s price is 871% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Ada, OK.
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 230 N Broadway, Ada, OK | $1,500,000 | — | — | — |
| 1300 N Broadway, Ada, OK | $1,700,000 | — | — | 4,800 |
| 00 derrick Lane, Ada, OK | $2,000,000 | — | — | — |
| 16101 State Hwy 1, Ada, OK | $2,150,000 | — | — | 2,450 |
| 1200 Lonnie Abbott Boulevard, Ada, OK | $2,250,000 | — | — | — |
| 1200 Lonne Abbott Boulevard, Ada, OK | $2,250,000 | — | — | — |
Moving Cost Estimate
Listing Courtesy: Home Place Real Estate - 5803324663
Presented by: Caroline Van Horn