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    815 Stadium Dr Ada, OK 74820

    For Sale
    $325,000

    3.44 Acres near ECU; R-1 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    Exceptional 3.44-acre parcel in Ada, Oklahoma, presents a prime opportunity for multifamily or residential development. Located just half a mile from East Central University (ECU), this property boasts a desirable location near a thriving residential area. The lot measures approximately 470 feet by 319 feet and is zoned R-1, allowing for various residential construction options. A preliminary site plan for multifamily development is available. The asking price is $325,000, translating to approximately $2.17 per square foot. This substantial land area offers significant potential for investors and developers seeking a lucrative project near a major university. The property's proximity to ECU ensures a strong potential tenant base and high demand for residential units. This is a rare opportunity to acquire a large, well-located parcel in a growing community. The address is 815 S Stadium Dr, Ada, OK 74820, in Pontotoc County. Don't miss this chance to capitalize on this exceptional development opportunity.

    Property Features for 815 Stadium Dr

    General Information

    Property type
    Land
    Lot Size
    149,846 SF

    HighLights

    • $325,000 asking price.
    • 3.44‑acre lot zoned R‑1.
    • Preliminary multifamily site plan available.
    • $2.17 per square foot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Ada
    County
    Pontotoc
    State
    Oklahoma
    Longitude
    -96.66118879
    Latitude
    34.76550994

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    FAQs

    What type of property is this?
    Land - 3.44 Acres near ECU; R-1 Zoning
    Where is this land located?
    The property is located at 815 Stadium Dr Ada, OK.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: $325,000 asking price.; 3.44-acre lot zoned R-1.; Preliminary multifamily site plan available.
    (405) 948-7500
    Request Owner's contact information
    815 Stadium Dr Ada, OK 74820
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    Ada, OK 74820
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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
    815 Stadium Dr Ada, OK 74820
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