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R-4 Greenfield Development Land
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408 Summit Ridge Dr., Oklahoma City, OK 73114

R-4 zoned greenfield parcel near Broadway & Hefner, positioned 1 block from a 100K+ VPD intersection.

Property SizeContact for details
Lot Size5.75 Acres
Days on Market111

Property Features for 408 Summit Ridge Dr.

General Information

Standard status Active
Lot size 5.75 Acres
Property subtype Land
Zoning R-4

Additional Details

Traffic Count 100,000 vehicles/day
Listing Agency: Plains Commercial Real Estate
Listed By: Ben Dougherty · License #211444
Source: Crexi
Added: Apr 21 Changed: Aug 8 Last Checked: Apr 24 at 10:16PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Plains Commercial Real Estate

Investment Insights

Based on property information with market context.

This 5.75-acre greenfield land parcel at 408 Summit Ridge Dr. is offered for sale. The property is zoned R-4 (Single Family, Duplex, Multi Family), providing flexibility for residential-focused development consistent with the current zoning designation.

The site is located 1 block NE of Broadway & Hefner, an intersection with 100K+ VPD. It is also within 3 miles of the Broadway Medical Community and “The Half” mixed-use entertainment district. Additionally, the new Belle Isle Enterprise High School is scheduled to open in Fall 2027, further supporting the surrounding area’s long-term residential and community growth.

With its R-4 zoning and greenfield configuration, the property may be suitable for developers evaluating residential reuse or new construction opportunities aligned with the permitted zoning parameters.

Key Highlights

  • 5.75 AC greenfield land parcel at 408 Summit Ridge Dr., Oklahoma City, OK
  • Zoned R‑4 (single family, duplex, multi family)
  • Located 1 block NE of Broadway & Hefner, a 100K+ VPD intersection

Property Analytics

Current Use

Diamond Ridge Apartment Building

Suggested Use

Top Pick Real Estate Agency Hair Salon Nail Salon Skin Care Clinic (Bike/Boat/Book/etc) Store Auto Parts Store

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

100,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

190
Businesses Nearby

Demographics for 73114, OK

18,694
Population
9,311
Households
2
Avg Household Size
30
Median Age
25%
College-Educated
90%
High-School Grad
9.5 sq mi
ZIP Area
1,968
Density / Sq Mi
$52,592
Median Household Income
$35,931
Median Earnings
$1,135
Median Rent
$134,100
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - R-4 zoned greenfield parcel near Broadway & Hefner, positioned 1 block from a 100K+ VPD intersection.
Where is this residential land & home lot located?
The property is located at 408 Summit Ridge Dr. Oklahoma City, OK.
What is the asking price?
The asking price for this property is $1,290,000.
What are key features of this property?
This property features: 5.75 AC greenfield land parcel at 408 Summit Ridge Dr., Oklahoma City, OK; Zoned R‑4 (single family, duplex, multi family); Located 1 block NE of Broadway & Hefner, a 100K+ VPD intersection
More about this property
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