Zoned Multi-Family Land
For Sale
$1,500,000
Melrose Lane, Oklahoma City, OK 73107
LAND - Oklahoma City, OK
Property SizeContact for details
Lot Size5.50 Acres
Days on Market13
Property Features for Melrose Lane
General Information
Property type
Land
Property subtype
Other
Zoning
Commercial
Directions
NORTH OF I-40 WEST OF ROCKWELL ON MELROSE AND METAMORA
Standard status
Active
APN
0000NONEMelrose73107
Lot size
5.50 Acres
Listing Agency:
ERA Courtyard Real Estate · ERA Real Estate
(405) 720-7400
Listed By:
Jarrett Carter
(405) 613-9333
Added: Jul 25
Last Checked: Aug 6 at 12:06AM
MLS# 1241262
Copyright © 2026 MLSOK, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This offering is a 5.5-acre land parcel zoned R-4, positioned for multi-family, senior living, and general residential uses. The property acreage is described as two lots located on the east and west side of Metamora.
The site is located on Melrose, between Rockwell and Council, and is described as minutes from I-40. The lots include large pecan trees that provide substantial shade across the acreage.
With its R-4 zoning and multi-lot configuration, the property may be well suited for residential-oriented development where multi-family and senior living uses are desired.
The site is located on Melrose, between Rockwell and Council, and is described as minutes from I-40. The lots include large pecan trees that provide substantial shade across the acreage.
With its R-4 zoning and multi-lot configuration, the property may be well suited for residential-oriented development where multi-family and senior living uses are desired.
Key Highlights
- 5.5 acres zoned R‑4 for multi‑family, senior living, and general residential
- Acreage includes lots on both the east and west sides of Metamora
- Large pecan trees across the property provide shade
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
515
Businesses Nearby
Explore this area
Business Placement
Demographics for 73107, OK
26,318
Population
12,621
Households
2.1
Avg Household Size
34
Median Age
31%
College-Educated
80%
High-School Grad
7.6 sq mi
ZIP Area
3,463
Density / Sq Mi
$58,428
Median Household Income
$38,753
Median Earnings
$1,014
Median Rent
$143,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 5.5-acre parcel zoned R-4 for multi-family, senior living, and general residential development.
Where is this residential land & home lot located?
The property is located at Melrose Lane Oklahoma City, OK.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 5.5 acres zoned R‑4 for multi‑family, senior living, and general residential; Acreage includes lots on both the east and west sides of Metamora; Large pecan trees across the property provide shade
