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    2500 Mcgee Dr Norman, OK 73072

    Sponsored
    For Sale
    $269,000

    Prime Norman, OK commercial lot, 24,474 SF.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 24,474 square foot commercial land parcel presents a unique investment opportunity in Norman, Oklahoma. Located at 2500 McGee Drive, in Cleveland County, zip code 73072 (35.195432, -97.4697807), this property is zoned C-O, allowing for a variety of commercial developments. The asking price is $269,000, translating to a land value of $10.99 per square foot. The lot's attractive location is adjacent to the HiPoint Professional Park, providing excellent visibility and accessibility. Preliminary plans suggest the potential for a 5,000 square foot building, complemented by ample parking for up to 20 vehicles. The property boasts a beautiful, tree-lined setting, enhancing its aesthetic appeal and creating a pleasant environment for future tenants or occupants. This is an ideal site for developers seeking a well-situated parcel in a thriving Norman commercial area. The property's size and zoning make it suitable for a range of commercial ventures, offering significant potential for return on investment. Don't miss this chance to acquire a prime piece of Norman real estate.

    Property Features for 2500 Mcgee Dr

    General Information

    Property type
    Land

    HighLights

    • 24,474 SF commercial land parcel in Norman, OK.
    • Located at 2500 McGee Drive, Cleveland County, 73072.
    • C‑O zoning allows for various commercial uses.
    • $269,000 asking price ($10.99/SF).
    • Adjacent to HiPoint Professional Park, offering high visibility and accessibility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Knee Walker Rental ... Scooter Rental Service Your Home Sold ... Real Estate Agency Assessment Inc. Counselor Alesha White Counselor Cheryl Mcgee Counselor

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Norman
    County
    Cleveland
    State
    Oklahoma
    Longitude
    -97.4697807
    Latitude
    35.195432

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    FAQs

    What type of property is this?
    Land - Prime Norman, OK commercial lot, 24,474 SF.
    Where is this land located?
    The property is located at 2500 Mcgee Dr Norman, OK.
    What is the asking price?
    The asking price for this property is $269,000.
    What are key features of this property?
    This property features: 24,474 SF commercial land parcel in Norman, OK.; Located at 2500 McGee Drive, Cleveland County, 73072.; C-O zoning allows for various commercial uses.
    Request Owner's contact information
    2500 Mcgee Dr Norman, OK 73072
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    Norman, OK 73072
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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
    2500 Mcgee Dr Norman, OK 73072
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