916 N Pennsylvania Avenue Oklahoma City, OK 73107

Listing Agency McGraw REALTORS (BO) r***@mcgrawok.com Show Phone

16301 N May Avenue, Edmond, OK

Listed by Eli Fritts · License #202965 Show Phone

Added: Jan 6 Checked: Jul 18 at 12:06 am

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MLS# 1208327

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Investment Insights

Based on property information with market context.

This property offers approximately 46,958 square feet (1.08 acres) of I-2 zoned industrial land located in northwest Oklahoma City, just south of NW 10th Street and Pennsylvania Avenue. The site fronts a corridor with a traffic count of approximately 10,000 vehicles per day (2022) along Pennsylvania Avenue. An existing cell phone tower on the property generates rental income of $6,000 annually. According to the county assessor, the tower and its fenced yard occupy roughly 1,440 square feet and include dedicated driveway access. The remaining acre is available for development or improvements. The zoning and site characteristics allow for additional revenue streams, such as billboard placement or leasing opportunities, subject to permitting. The parcel's size, configuration, and exposure support industrial, infrastructure, or alternative-use strategies. The surrounding area is undergoing redevelopment, with investment activity moving west of the urban core. Its proximity to major thoroughfares positions the site for long-term appreciation.

Key Highlights

• Prime I‑2 Zoned Industrial Land: 46,958 sq ft (1.08 acres) suitable for various industrial uses.
• High‑Traffic Location: Frontage on Pennsylvania Avenue with approximately 10,000 vehicles per day (2022).
• Existing Income Stream: Cell phone tower generates $6,000 annual rental income.

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FAQs

What type of property is this?

Industrial land - 1.08 acre industrial land with income-generating cell tower.

Where is this industrial land located?

The property is located at 916 N Pennsylvania Avenue Oklahoma City, OK.

What is the asking price?

The asking price for this property is $575,000.

What are key features of this property?

This property features: Prime I‑2 Zoned Industrial Land: 46,958 sq ft (1.08 acres) suitable for various industrial uses.; High‑Traffic Location: Frontage on Pennsylvania Avenue with approximately 10,000 vehicles per day (2022).; Existing Income Stream: Cell phone tower generates $6,000 annual rental income.