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    1922 22Nd St Chickasha, OK 73018

    For Sale
    $50,000

    4.43 Acres, Prime Multifamily Site

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional 4.43-acre parcel presents a remarkable opportunity for multifamily development in Chickasha, Oklahoma. Ideally situated near the University of Science & Arts of Oklahoma, this location offers unparalleled access to a thriving student population and a growing community. The property boasts a final approved plat, significantly streamlining the development process and reducing potential delays. This eliminates the need for extensive planning and approvals, allowing for a quicker start to construction. The expansive acreage provides ample space for a substantial multifamily project, catering to the increasing demand for housing in the area. The strategic location near the university ensures a consistent pool of potential tenants, making this a highly attractive investment. The existing approved plat ensures a smooth transition from acquisition to construction, minimizing risk and maximizing efficiency. This is a turnkey opportunity for developers seeking a prime location with a clear path to project completion. The property's size and location make it an ideal candidate for a variety of multifamily housing options, from student housing to apartments catering to a broader demographic. This is a rare chance to acquire a fully permitted site ready for immediate development in a desirable and growing market. Serious inquiries are encouraged. The asking price is $50,000.

    Property Features for 1922 22Nd St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    192,971 SF

    Building Details

    Year Built
    1907
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chickasha
    County
    Grady
    State
    Oklahoma
    Longitude
    -97.96118
    Latitude
    35.03102

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    FAQs

    What type of property is this?
    Commercial real estate - 4.43 Acres, Prime Multifamily Site
    Where is this commercial real estate located?
    The property is located at 1922 22Nd St Chickasha, OK.
    What is the asking price?
    The asking price for this property is $50,000.
    (405) 850-5675
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    1922 22Nd St Chickasha, OK 73018
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1922 22Nd St Chickasha, OK 73018
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