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    12470 Pennsylvania Ave Oklahoma City, OK 73120

    Sponsored
    For Sale
    $871,200

    Two-acre commercial lot, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional two-acre commercial land parcel presents a unique investment opportunity in Oklahoma City, Oklahoma. Located at 12470 N. Pennsylvania Avenue, this property is zoned PUD-62A, offering considerable development flexibility. The expansive lot size provides ample space for a variety of commercial ventures. Its strategic location boasts convenient access from Pennsylvania Avenue, ensuring high visibility and accessibility for potential businesses. The property benefits from its proximity to multiple neighboring restaurants, creating a vibrant and established commercial environment. Furthermore, easy access to the John Kilpatrick Turnpike provides excellent connectivity to the wider Oklahoma City metropolitan area, enhancing its appeal to businesses and investors alike. The asking price for this prime commercial land is $871,200. The property's address is verified as 12470 N Pennsylvania Ave, Oklahoma City, OK 73120, situated in Oklahoma County. This location offers a blend of established commercial activity and convenient transportation links, making it an ideal site for a range of commercial developments. The property's coordinates are 35.5967579 latitude and -97.5493606 longitude. This presents a compelling opportunity for investors seeking a well-positioned commercial land parcel with significant development potential.

    Property Features for 12470 Pennsylvania Ave

    General Information

    Property type
    Land
    Lot Size
    87,120 SF

    HighLights

    • 2‑acre site
    • PUD‑62A zoning
    • Pennsylvania Avenue frontage
    • High concentration of nearby restaurants
    • Convenient access to the John Kilpatrick Turnpike
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Oklahoma City
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.5493606
    Latitude
    35.5967579

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    FAQs

    What type of property is this?
    Land - Two-acre commercial lot, prime location.
    Where is this land located?
    The property is located at 12470 Pennsylvania Ave Oklahoma City, OK.
    What is the asking price?
    The asking price for this property is $871,200.
    What are key features of this property?
    This property features: 2-acre site; PUD-62A zoning; Pennsylvania Avenue frontage
    (405) 840-0600
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    Oklahoma City, OK 73120
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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
    12470 Pennsylvania Ave Oklahoma City, OK 73120
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