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    Oklahoma City, OK 73111

    For Sale
    $724,490

    Prime OKC land, I-2 zoning, high traffic.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 4.32-acre development site in Oklahoma City, Oklahoma, presents a unique investment opportunity. Located at the intersection of NE 50th and I-35, this corner lot boasts 300 feet of frontage on I-35, ensuring high visibility and accessibility. The property is zoned I-2, permitting a diverse range of uses including hotel, retail, industrial, and storage developments. With a daily traffic count of 69,200 vehicles, this location offers unparalleled exposure. The site benefits from existing infrastructure, including an 18-inch water line on NE 50th and an 18-inch sewer line running through the center of the property. Its strategic location places it between two premier Oklahoma City golf courses, within walking distance of Remington Park, and adjacent to the Devon Park, the world's premier softball facility. Furthermore, its proximity to the Oklahoma City trolley line and its position as a gateway to the Adventure District add to its appeal. The asking price is $724,490, translating to $5 per square foot. This property offers significant potential for developers seeking a high-traffic, well-located site with versatile zoning options in a thriving area of Oklahoma City. The zip code is 73111.

    Property Features for 0

    General Information

    Property type
    Land
    Lot Size
    188,179 SF

    HighLights

    • Exceptional hospitality site.
    • Located between two premier Oklahoma City golf courses.
    • Walking distance to Remington Park.
    • Corner lot with 300' of I‑35 frontage, across from Oklahoma City's only trolley turnaround.
    • High traffic count: 69,200 vehicles daily.
    • Features 18" water line on NE 50th and 18" sewer line; gateway to the Adventure District.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Oklahoma City
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.51197149
    Latitude
    35.52237497

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    FAQs

    What type of property is this?
    Land - Prime OKC land, I-2 zoning, high traffic.
    Where is this land located?
    The property is located at Oklahoma City, OK.
    What is the asking price?
    The asking price for this property is $724,490.
    What are key features of this property?
    This property features: Exceptional hospitality site.; Located between two premier Oklahoma City golf courses.; Walking distance to Remington Park.
    (405) 840-4545
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    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
    Oklahoma City, OK 73111
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