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    Grand Blvd & Mlk Blvd Oklahoma City, OK 73111

    For Sale
    Contact for pricing

    20 Acres, High-Visibility Retail/Hospitality Land

    Description

    Added:
    Feb 11, 2025
    Days on Market:
    301
    This exceptional 20-acre commercial land parcel presents a unique investment opportunity in Oklahoma City, Oklahoma. Strategically located at the intersection of NE Grand Boulevard and MLK Boulevard, this property boasts significant frontage along MLK Boulevard, totaling approximately 702 feet. The land is zoned to accommodate a variety of commercial uses, including retail and hospitality developments. The property is divided into two distinct sections offering flexible development options. The front portion, approximately 1-6 acres, offers prime retail and hospitality land with a price per square foot ranging from $9.50. This section's high visibility and prominent location make it ideal for businesses seeking maximum exposure. The rear portion, encompassing approximately 14 acres, is zoned R-1 and offers a price per square foot of $3.50. This section provides ample space for complementary development or future expansion. The property's location in Oklahoma City, within Oklahoma County, and its proximity to major thoroughfares, ensures excellent accessibility and high traffic volume. The zip code is 73111. This is a rare opportunity to acquire a large, versatile commercial land parcel in a thriving urban area. The property's size and zoning flexibility make it suitable for a wide range of development projects, offering significant potential for long-term growth and return on investment. Detailed site plans and zoning information are available upon request.

    Property Features for 0 Grand Blvd & Mlk Blvd

    General Information

    Property type
    Land
    Lot Size
    871,200 SF

    HighLights

    • 20‑acre commercial land parcel in Oklahoma City, OK.
    • High‑visibility frontage on MLK Boulevard totaling 702 feet, ideal for retail or hospitality development, priced at $9.50/SF (1‑6 acres).
    • Remaining acreage (approximately 14 acres) zoned R‑1, priced at $3.50/SF.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Oklahoma City
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.4772
    Latitude
    35.526123

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    FAQs

    What type of property is this?
    Land - 20 Acres, High-Visibility Retail/Hospitality Land
    Where is this land located?
    The property is located at Grand Blvd & Mlk Blvd Oklahoma City, OK.
    What are key features of this property?
    This property features: 20-acre commercial land parcel in Oklahoma City, OK.; High-visibility frontage on MLK Boulevard totaling 702 feet, ideal for retail or hospitality development, priced at $9.50/SF (1-6 acres).; Remaining acreage (approximately 14 acres) zoned R-1, priced at $3.50/SF.
    Request Owner's contact information
    Grand Blvd & Mlk Blvd Oklahoma City, OK 73111
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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
    Grand Blvd & Mlk Blvd Oklahoma City, OK 73111
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