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    Memorial Rd & Blackwelder Ave Oklahoma City, OK 73134

    For Sale
    $3,258,288

    Prime OKC commercial land, excellent location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 4.4-acre commercial land parcel presents a remarkable investment opportunity in Oklahoma City, Oklahoma. Located at the southwest corner of West Memorial Road and Blackwelder Avenue, this property boasts a highly desirable C-3 Community Commercial zoning designation. The site is situated just west of the thriving Chisholm Creek development and south of Quail Springs Mall, placing it within a major retail hub of north Oklahoma City. This strategic location offers unparalleled visibility and accessibility, making it ideal for a wide range of commercial ventures. The property's size is approximately 191,664 square feet, providing ample space for development. With a total asking price of $3,258,288, this translates to a price per acre of $740,520 and a price per square foot of $17.00. A significant advantage is the property's frontage pad site, soon to be occupied by a Chuy's Tex-Mex restaurant, further enhancing the area's commercial appeal and drawing significant foot traffic. This property offers a unique chance to capitalize on the robust growth and high demand in this prime Oklahoma City location. The combination of size, zoning, and location makes this an exceptional opportunity for investors seeking a high-return commercial land investment. The address is SW/C W Memorial Road & Blackwelder Ave, Oklahoma City, OK 73134.

    Property Features for 0 Memorial Rd & Blackwelder Ave

    General Information

    Property type
    Land
    Lot Size
    191,664 SF

    HighLights

    • 4.40‑acre lot (191,664 square feet).
    • C‑3 Community Commercial zoning.
    • Excellent location in a major retail hub; Memorial & Blackwelder Ave, west of Chisholm Creek, adjacent to a future Chuy's restaurant.
    • $3,258,288 sales price ($740,520 per acre, $17.00 per square foot).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Oklahoma City
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.5418317
    Latitude
    35.6084598

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    FAQs

    What type of property is this?
    Land - Prime OKC commercial land, excellent location.
    Where is this land located?
    The property is located at Memorial Rd & Blackwelder Ave Oklahoma City, OK.
    What is the asking price?
    The asking price for this property is $3,258,288.
    What are key features of this property?
    This property features: 4.40-acre lot (191,664 square feet).; C-3 Community Commercial zoning.; Excellent location in a major retail hub; Memorial & Blackwelder Ave, west of Chisholm Creek, adjacent to a future Chuy's restaurant.
    (405) 297-9924
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    Memorial Rd & Blackwelder Ave Oklahoma City, OK 73134
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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
    Memorial Rd & Blackwelder Ave Oklahoma City, OK 73134
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