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    16399 96th Street Lexington, OK 73051

    Source: https://www.naisullivangroup.com
    For Sale
    $180,000

    Prime Oklahoma land, ideal for residential or industrial development.

    Property size:
    387,248 SF

    Description

    Added:
    Apr 2, 2025
    Days on Market:
    251
    This exceptional 8.89-acre parcel, located at 16399 96th Street, Lexington, OK 73051, presents a unique opportunity for diverse development. Situated in unincorporated Cleveland County, this property boasts excellent access with 440 feet of frontage on a paved road. Its dimensions measure approximately 440 feet by 880 feet. The land is strategically positioned near I-35, offering convenient access to major transportation routes. It's also conveniently located 40 miles south of downtown Oklahoma City and 18 miles south of downtown Norman, OK. Utilities are readily available, with rural water and electricity already in place. Furthermore, an application for three water wells has been submitted. This versatile property is zoned for both residential and industrial uses, making it an attractive investment for a wide range of projects. The asking price for this exceptional opportunity is $180,000.

    Property Features for 16399 96th Street

    General Information

    Property type
    Other land
    Square Feet
    387,248 SF
    Price / Square Foot
    $0.46
    Elevators
    N/A
    Net Rentable
    387,248 SF
    Lot Size
    387,248 SF

    HighLights

    • 8.89 acres of land in Lexington, OK, priced at $180,000.
    • Excellent for residential or industrial development, near I‑35.
    • Features 440 feet of paved road frontage and water/electricity access.
    Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Wholesale Shop Auto Repair Shop Veterinary Clinic Pet Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    State
    Oklahoma
    Longitude
    -97.299103
    Latitude
    35.020194

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    FAQs

    What type of property is this?
    Land - Prime Oklahoma land, ideal for residential or industrial development.
    Where is this land located?
    The property is located at 16399 96th Street Lexington, OK.
    What is the asking price?
    The asking price for this property is $180,000.
    What are key features of this property?
    This property features: 8.89 acres of land in Lexington, OK, priced at $180,000.; Excellent for residential or industrial development, near I-35.; Features 440 feet of paved road frontage and water/electricity access.
    (405) 641-9798
    Request Owner's contact information
    16399 96th Street Lexington, OK 73051
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    Lexington, OK 73051
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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
    16399 96th Street Lexington, OK 73051
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