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    31 14Th St Oklahoma City, OK 73109

    For Sale
    $2,570,841

    Prime 2.215-Acre Residential Tract

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 2.215-acre development opportunity in Oklahoma City, OK, presents 24 city lots across five separate parcels on SW 14th Street, just east of Robinson Avenue and adjacent to the Lower Scissortail Park. The property boasts 96,500 square feet of land zoned DTD-2 and Scenic River Overlay Design District, offering significant potential for residential development. Priced at $2,570,841 ($26.64/SF), this land includes half of the vacated SW 13th Street and all vacated alleyways (SW 14th Street remains open). Comprehensive Phase I and II environmental reports are available. The location benefits from Oklahoma City's substantial public investments, including the expansive Scissortail Park with its numerous amenities, and is minutes from the city center. This prime location is poised for continued growth and expansion, making it an attractive investment opportunity for developers seeking to capitalize on Oklahoma City's thriving real estate market. The property's proximity to the recently completed 30-acre Lower Park and the Sky Dance Bridge, connecting the upper and lower sections of Scissortail Park, further enhances its desirability. The area's recent $5 billion in public and private investment in quality-of-life projects underscores its potential for future development and appreciation. This is a rare opportunity to acquire a large, contiguous parcel of land in a highly desirable and rapidly developing area of Oklahoma City.

    Property Features for 31 14Th St

    General Information

    Property type
    Land

    HighLights

    • 2.21‑acre prime development site, including vacated portions of SW 13th St. and all vacated alleyways.
    • Phase I & II environmental reports available.
    • 24 city lots across 5 separate parcels.
    • SW 14th Street frontage, east of Robinson Ave, near Lower Scissortail Park.
    • All parcels are vacant and clear of buildings.
    Property Profile Insight Report 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 Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Oklahoma City
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.514314
    Latitude
    35.45121

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    FAQs

    What type of property is this?
    Land - Prime 2.215-Acre Residential Tract
    Where is this land located?
    The property is located at 31 14Th St Oklahoma City, OK.
    What is the asking price?
    The asking price for this property is $2,570,841.
    What are key features of this property?
    This property features: 2.21-acre prime development site, including vacated portions of SW 13th St. and all vacated alleyways.; Phase I & II environmental reports available.; 24 city lots across 5 separate parcels.
    Request Owner's contact information
    31 14Th St 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
    31 14Th St Oklahoma City, OK 73109
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