7890 Centennial Farms Drive
About This Property
The generous corner location provides multiple building options, added privacy, and easy access while giving you plenty of room for a custom home, barndominium, shop, garden, and outdoor living space. Whether you're looking for a quiet place to raise a family, enjoy country sunsets, or invest in land that can appreciate over time, this property offers the flexibility today's buyers are searching for.
Centennial Farms combines peaceful rural living with convenient access to Guthrie, Stillwater, Edmond, and the Oklahoma City metro, making it an ideal location for commuters who want more space without sacrificing convenience. The development welcomes custom homes, barndominiums, and newer manufactured homes (5 years or newer), with a minimum 1,100-square-foot residence. Owners may also enjoy up to one animal per acre and seven fowl per acre, creating the perfect setting for a small hobby farm or rural lifestyle.
Extremely low annual property taxes, helping keep your cost of ownership remarkably affordable while you build or hold the property as an investment.
If you've been searching for land for sale near Guthrie, acreage near Oklahoma City, buildable land in Logan County, barndominium lots, or rural property with utilities available, come experience the beauty, space, and possibilities that Centennial Farms has to offer and start building the future you've envisioned.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 12, 2026 | Relisted | $25,000 | |
| Relisted | |||
| Jul 22, 2026 | In contract | - | |
| In contract | |||
| Jun 22, 2026 | Listed by Keller Williams Advantage | $25,000 | |
| Listed by Keller Williams Advantage | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017