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    12th & Rock Crk Rd Norman, OK 73071

    For Sale
    Contact for pricing

    Prime Norman location, high traffic, multiple zoning options.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional commercial land offering presents a unique investment opportunity in Norman, Oklahoma. Situated at the southeast corner of 12th Avenue NE and Rock Creek Road, the property boasts extensive frontage along both 12th Avenue NE and Rock Creek Road, providing excellent visibility and accessibility. The site encompasses a total of 16.76 acres, offering flexibility for various commercial developments. The property is strategically zoned with a mix of C-1 and C-O designations, allowing for a range of potential uses. Traffic counts are substantial, with 12th Avenue NE averaging 18,300 vehicles per day and Rock Creek Road averaging 7,500 vehicles per day, ensuring high exposure for any business. The location is highly desirable, surrounded by residential developments and within minutes of the University of Oklahoma campus. Furthermore, the property's proximity to George M. Sutton Wilderness Park and Griffen Community Park adds to its appeal. Pricing varies based on zoning and acreage: the entire 16.76-acre parcel is priced at $4.25 per square foot

    Property Features for 12th & Rock Crk Rd

    General Information

    Property type
    Land
    Lot Size
    87,120 SF

    HighLights

    • High‑visibility corner lot at 12th Ave NE & Rock Creek Rd.
    • Extensive frontage along West and North property lines.
    • High traffic counts: 18,300 VPD on 12th Ave NE, 7,500 VPD on Rock Creek Rd.
    • Excellent location near residential areas and the University of Oklahoma.
    • Adjacent to George M. Sutton Wilderness Park and Griffen Community Park.
    • 16.76‑acre site offered at $4.25/SF.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Norman
    County
    Cleveland
    State
    Oklahoma
    Longitude
    -97.4235442
    Latitude
    35.2474485

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    FAQs

    What type of property is this?
    Land - Prime Norman location, high traffic, multiple zoning options.
    Where is this land located?
    The property is located at 12th & Rock Crk Rd Norman, OK.
    What are key features of this property?
    This property features: High-visibility corner lot at 12th Ave NE & Rock Creek Rd.; Extensive frontage along West and North property lines.; High traffic counts: 18,300 VPD on 12th Ave NE, 7,500 VPD on Rock Creek Rd.
    Request Owner's contact information
    12th & Rock Crk Rd Norman, OK 73071
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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
    12th & Rock Crk Rd Norman, OK 73071
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