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    6401 N Pennsylvania Ave, Unit | Nichols Hills Oklahoma City, OK 73116

    For Sale
    $3,250,000

    1.3 acres of developable land suitable for office or multi-family.

    Property size:
    58,232 SF

    Property Features for 6401 N Pennsylvania Ave

    General Information

    Size
    58,232 SF

    Source: George Williams, CCIM Agent George Williams, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Development Land in Nichols Hills

    The Corporate Gardens land offers 1.3 acres of developable land situated at the northwest corner of 63rd and Pennsylvania in Nichols Hills, Oklahoma. This site is suitable for an office or multi-family development. The property is surrounded by retailers and office users, including Bellini's, Wells Fargo, BancFirst, Bank SNB, Renaissance Waterford, Trader Joe's, and Whole Foods Market. Located directly across from the Waterford, the property benefits from a location at the corner of 63rd and Pennsylvania in Oklahoma City. The surrounding area includes Penn Square Mall, which is home to Trader Joe's, Whole Foods, Zoës Kitchen, Texas de Brazil, Walmart, and Nordstrom Rack, all within 1 mile. Classen Curve, an upscale shopping and dining destination featuring Lululemon, Kendra Scott, Warby Parker, Drybar, Republic Gastro Pub, and Cafe 501, is also just 1 mile away. Access to Interstate 44/Route 66 is approximately 1 mile away, and Interstate 235/Highway 77 is located 2 miles from the property. Its location and proximity to amenities make it an attractive opportunity for businesses.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Oklahoma City
    County
    Cleveland
    State
    Oklahoma
    Longitude
    -97.5481109
    Latitude
    35.5370864

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    FAQs

    What type of property is this?
    Commercial land - 1.3 acres of developable land suitable for office or multi-family.
    Where is this commercial land located?
    The property is located at 6401 N Pennsylvania Ave, Unit | Nichols Hills Oklahoma City, OK.
    What is the asking price?
    The asking price for this property is $3,250,000.
    What are key features of this property?
    This property features: - 1.3 acres of developable land in Nichols Hills.; - Prime location at the corner of 63rd and Penn, directly across from the Waterford.; - Ideal for office or multi-family development.
    (405) 657-7800
    Request Owner's contact information
    6401 N Pennsylvania Ave, Unit | Nichols Hills Oklahoma City, OK 73116
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    Oklahoma City, OK 73116
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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
    6401 N Pennsylvania Ave, Unit | Nichols Hills Oklahoma City, OK 73116
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