Buying agricultural land can be a lucrative investment. Whether you want to buy land to generate passive income, be exempted from tax, or become self-sufficient, investing in farmland has its fair share of benefits. Agriculture has been the leading industry in Oklahoma for several decades. With several choices for Oklahoma land for sale, it might be tempting to rush into buying land. But to get the best investment, it’s crucial to select the right location.
Best places with Oklahoma land for sale
Bixby
When it comes to Oklahoma land for sale, Bixby is one of the fastest-growing agricultural cities in the state of Oklahoma, with over 27,000 residents as of 2018. Its real estate market features plenty of housing options like single-family homes and condominiums, public schools, and acres and acres of land just waiting to be developed. All of these make Bixby an excellent choice for both families and investors.
Tulsa
Tulsa has a massive population of more than 400,000 people. It is Oklahoma’s second-largest city and offers the perfect balance between metropolitan and farm life. Investors flock to Tulsa because of its strong real estate market, with rentals in high demand all year round.
Jenks
Another great place to buy Oklahoma land for sale is Jenks. This rural suburb in Tulsa County is home to around 21,000 residents and has several vegetable farms that were established as early as the 1900s. The agricultural industry continues to be the major contributor to its economy, with several farmlands for sale.
Broken Arrow
Broken Arrow has a population of over 112,000. It started as an agricultural community but its economy has evolved into something more diverse, with it having the third-largest concentration of manufacturers in Oklahoma. Broken Arrow is located in the northeastern part of the state, which means it features heavy vegetation, hills, and lakes.
Owasso
Owasso is a popular appearance in Oklahoma land for sale listings. Its population is around 34,000 and is located in the northern part of the state known as the “Green Country” because of its rich vegetation. Owasso offers a generally suburban feel, but also shows great appreciation for farm life with plenty of farmer’s markets.
Buying agricultural land in Oklahoma can be a rewarding investment. In general, agricultural lands tend to have greater returns than other investments such as stocks and bonds. If you plan to invest in farmlands in Oklahoma, the chances of it generating good revenue are extremely high.
