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Residential Corner Development Lot
For Sale
$49,400

401 W Midland Street, Shawnee, OK 74804

Land, Shawnee, OK

Property SizeContact for details
Lot Size0.16 Acres
Days on Market76

Property Features for 401 W Midland Street

General Information

Property type Land
Property subtype Other
Zoning Residential
Lot features Corner Lot
Elementary school Will Rogers ES
Middle school Shawnee MS
High school Shawnee HS
Elementary school district Shawnee
Middle school district Shawnee
High school district Shawnee
Directions Property is located on the southwest corner of Park and Midland.
Standard status Active
APN 401WMidland74804
Lot size 0.16 Acres
Listing Agency: Berkshire Hathaway HomeService · Berkshire Hathaway HomeServices
Listed By: Jenifer Stevenson · License #141778
Added: Jun 10 Changed: Aug 19 Last Checked: Aug 24 at 12:06AM
MLS# 1233760

Copyright © 2026 MLSOK, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This residential corner lot is located at 401 W Midland Street and measures approximately 140’ x 50’ (about 0.16 acres). The property sits on the north side of town and is surrounded by well-maintained homes, providing a straightforward parcel for residential development planning.

The lot is currently zoned Residential and is adjacent to both R-1 and C-1 zoning districts. Under the existing C-1 zoning regulations, multifamily developments of four or more units and townhomes are permitted, with relevant use details defined in Sections 22-206 and 22-331 of the City of Shawnee zoning code. Duplex construction is not currently allowed under either adjacent zoning designation; however, the City indicates proposed code updates expected later this spring may permit duplex development within R-1 districts.

For builders, investors, or homeowners evaluating timing and use strategy, the parcel offers a residential base while the adjacent C-1 permissions may support multifamily or townhome layouts. Buyers should review the applicable zoning sections and consider the scheduled code update referenced by the City of Shawnee if duplex development is part of their plan.

Key Highlights

  • Corner lot on the north side of town with lot dimensions of 140' x 50'
  • Currently zoned residential and adjacent to both R‑1 and C‑1 zoning districts
  • Under existing C‑1 commercial zoning, multifamily developments (4+ units) and townhomes are permitted

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Parking Lot & Garage Auto Parts Store Building Supply (Bike/Boat/Book/etc) Store Carpet & Flooring Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

546
Businesses Nearby

Demographics for 74804, OK

22,301
Population
8,860
Households
2.5
Avg Household Size
37
Median Age
29%
College-Educated
91%
High-School Grad
100.2 sq mi
ZIP Area
223
Density / Sq Mi
$66,525
Median Household Income
$38,559
Median Earnings
$946
Median Rent
$198,500
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Residentially zoned corner lot with adjacent R-1 and C-1 districts for townhomes and four-plus unit multifamily.
Where is this residential land & home lot located?
The property is located at 401 W Midland Street Shawnee, OK.
What is the asking price?
The asking price for this property is $49,400.
What are key features of this property?
This property features: Corner lot on the north side of town with lot dimensions of 140' x 50'; Currently zoned residential and adjacent to both R‑1 and C‑1 zoning districts; Under existing C‑1 commercial zoning, multifamily developments (4+ units) and townhomes are permitted
More about this property
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