November 21, 2016.
Eastern Oklahoma County land sold on E. Memorial Rd. Mark Blessington purchased ten (10) acres of raw land from the Bastani Family Trust for $8000 per acre. The land is located within Oklahoma City limits and northwest of the intersection of E. Memorial Rd and N. Hiwassee Rd. Escrow and closing was performed by the Stewart Title Company. Frank Miskovsky IV represented the Seller.
Eastern Oklahoma County land is a target for speculative land acquisitions in response to the recent announcement by the Oklahoma Turnpike Authority (OTA) to build a new turnpike. The new turnpike named the Eastern Oklahoma County (EOC) Turnpike is currently under construction and will connect the Turner Turnpike (I-44) south through Eastern Oklahoma County to I-40. The new northeastern loop will reduce traffic congestion, drive-time and access to Tulsa for commuters in the eastern Oklahoma City Metro area.