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    405 Walker Ave Oklahoma City, OK 73109

    Sponsored
    For Sale
    $1,575,000

    Prime OKC location, development opportunity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional commercial land parcel, located at 405 S Walker Ave, Oklahoma City, OK 73109, presents a unique investment and development opportunity within the vibrant Downtown Business District. Priced at $1,575,000, this property boasts a highly desirable location, situated just one block south of Oklahoma City Boulevard and Walker Avenue, and benefits from its inclusion in TIF District 13. The site is ideally positioned within walking distance of key attractions and amenities, including Scissortail Park, Paycom Center, and the Cox Convention Center. Its proximity to the Myriad Gardens, OKC Convention Center, I-40, Bricktown, numerous hotels, and a wide array of restaurants further enhances its appeal. The property is zoned for Downtown Business District use, offering significant flexibility for a variety of development projects. This prime location in Oklahoma City's flourishing downtown core provides unparalleled access to a dense population base and a thriving commercial environment. The lots are situated on the west side of the street. This is a rare chance to acquire a highly sought-after commercial land parcel in one of Oklahoma City's most dynamic and rapidly developing areas.

    Property Features for 405 Walker Ave

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Building Supply Hair Salon Wholesale Shop Nail Salon Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Oklahoma City
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.5214257
    Latitude
    35.4619925

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    FAQs

    What type of property is this?
    Land - Prime OKC location, development opportunity.
    Where is this land located?
    The property is located at 405 Walker Ave Oklahoma City, OK.
    What is the asking price?
    The asking price for this property is $1,575,000.
    Request Owner's contact information
    405 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
    405 Walker Ave Oklahoma City, OK 73109
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