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    1320 Walker Ave Oklahoma City, OK 73109

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    For Sale
    Contact for pricing

    0.79 Acres, DTD-2 Zoning, High Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 0.79-acre commercial land parcel presents a unique development opportunity in Oklahoma City's vibrant Riverside District. Located at 1320 S Walker Ave, 73109, this property is zoned DTD-2 (Downtown Transitional District), requiring Downtown Design Committee review for any proposed projects. The existing 4,500 square foot building on the site will be relocated by the seller prior to or within a negotiated timeframe following the sale, ensuring a clear path for development. This prime location offers significant advantages for developers. Situated just one block from the Oklahoma River and one block from the southern extension of Scissortail Park, the property benefits from exceptional visibility and proximity to key amenities and attractions. Furthermore, its location within a Tax Increment Financing (TIF) district allows developers to maximize their returns. The property is also located in a HUD-qualified census tract, potentially opening doors to additional funding opportunities. This is a rare chance to acquire a substantial land holding in a rapidly growing area of Oklahoma City, poised for significant future appreciation. The property's size and zoning provide considerable flexibility for a range of development projects, making it an attractive investment for discerning developers seeking a prime location in a thriving urban environment. Serious inquiries are encouraged.

    Property Features for 1320 Walker Ave

    General Information

    Property type
    Land
    Lot Size
    34,412 SF

    HighLights

    • 0.79‑acre commercial lot in Oklahoma City's Riverside District.
    • 4,500 SF building to be removed by seller.
    • DTD‑2 zoning; Downtown Design Committee review required.
    • Located in a Tax Increment Financing (TIF) district.
    • HUD‑qualified census tract.
    • One block from the Oklahoma River.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ramos Plating & Polishing ... Plating Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Oklahoma City
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.5207053
    Latitude
    35.4520712

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    FAQs

    What type of property is this?
    Land - 0.79 Acres, DTD-2 Zoning, High Potential
    Where is this land located?
    The property is located at 1320 Walker Ave Oklahoma City, OK.
    What are key features of this property?
    This property features: 0.79-acre commercial lot in Oklahoma City's Riverside District.; 4,500 SF building to be removed by seller.; DTD-2 zoning; Downtown Design Committee review required.
    Request Owner's contact information
    1320 Walker Ave Oklahoma City, OK 73109
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    Oklahoma City, OK 73109
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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
    1320 Walker Ave Oklahoma City, OK 73109
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