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    641 15Th St Oklahoma City, OK 73129

    Sponsored
    For Sale
    $325,000

    Prime Commercial/Residential Land, OKC

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 27,441 square foot land parcel presents a unique investment opportunity in Oklahoma City. Located at 641 SE 15th St, 73129, this property boasts a prime location near downtown OKC and the First Americans Museum, offering significant potential for high foot traffic and revenue generation. Zoned C-3 and Residential, the land is suitable for a variety of commercial and residential developments. The asking price for the entire parcel is $325,000, with options available for purchasing individual plots. Its proximity to a $300 million resort further enhances its appeal, promising substantial growth and increased visibility. The property's convenient location, just five minutes from downtown OKC and a half-mile from I-35, ensures excellent accessibility and brand visibility. Utilities are readily available, allowing for immediate development and minimizing upfront costs. The mixed-use zoning attracts a diverse customer base, maximizing investment potential. This is a rare chance to acquire land in a high-growth area with flexible purchase options, promising a strong return on investment. Confirm zoning details to expedite your strategic investment.

    Property Features for 641 15Th St

    General Information

    Property type
    Land

    HighLights

    • High foot traffic & growth potential near a $300M resort.
    • Prime location: 5 minutes to downtown OKC, maximizing revenue.
    • Excellent accessibility: Half‑mile to I‑35, boosting visibility.
    • Utilities in place, enabling immediate development & cost savings.
    • Mixed‑use zoning attracts diverse clientele.
    • Strong ROI potential due to competitive pricing & downtown proximity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Oklahoma City
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.499751
    Latitude
    35.450119

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    FAQs

    What type of property is this?
    Land - Prime Commercial/Residential Land, OKC
    Where is this land located?
    The property is located at 641 15Th St Oklahoma City, 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: High foot traffic & growth potential near a $300M resort.; Prime location: 5 minutes to downtown OKC, maximizing revenue.; Excellent accessibility: Half-mile to I-35, boosting visibility.
    Request Owner's contact information
    641 15Th St Oklahoma City, OK 73129
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    Oklahoma City, OK 73129
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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
    641 15Th St Oklahoma City, OK 73129
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