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    63rd St And Eastern Ave Oklahoma City, OK 73111

    For Sale
    Contact for pricing

    11 Acres, Prime OKC Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 11-acre commercial land parcel presents a unique investment opportunity in Oklahoma City's burgeoning Adventure District. Strategically located at NE 63rd St and Eastern Ave, this property boasts approximately 1,500 feet of highway frontage on I-44, ensuring unparalleled visibility and accessibility. With a primarily C-3 zoning designation, the site is ideal for a diverse range of commercial developments, including office, hotel, and retail uses. The area's rapid growth is fueled by its proximity to major attractions such as the OKC Zoo, Remington Park Racino, and several renowned museums, drawing a significant daily traffic volume exceeding 58,000 vehicles per day. A substantial daytime population of 34,343 employees within easy reach further enhances the site's potential. The 11-acre expanse offers ample space for large-scale projects, while the existing 2.5-acre pad site is suitable for immediate ground leases or build-to-suit developments. This property represents a rare chance to capitalize on the Adventure District's dynamic expansion and secure a prominent position in this exciting entertainment destination. The property is located in Oklahoma County, Oklahoma, zip code 73111. Note that details, plans, and pricing are subject to change.

    Property Features for 63rd St And Eastern Ave

    General Information

    Property type
    Land
    Lot Size
    479,160 SF

    HighLights

    • 8‑9 acres available for office, hotel, and retail development.
    • I‑44 highway frontage.
    • Situated in Oklahoma City's Adventure District.
    • Approx. 1,500 feet of highway frontage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Oklahoma City
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.4764401
    Latitude
    35.5371232

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    FAQs

    What type of property is this?
    Land - 11 Acres, Prime OKC Location
    Where is this land located?
    The property is located at 63rd St And Eastern Ave Oklahoma City, OK.
    What are key features of this property?
    This property features: 8-9 acres available for office, hotel, and retail development.; I-44 highway frontage.; Situated in Oklahoma City's Adventure District.
    Request Owner's contact information
    63rd St And Eastern Ave Oklahoma City, OK 73111
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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
    63rd St And Eastern Ave Oklahoma City, OK 73111
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