12th & Rock Crk Rd Norman, OK 73071
This exceptional commercial land offering presents a unique investment opportunity in Norman, Oklahoma. Situated at the southeast corner of 12th Avenue NE and Rock Creek Road, the property boasts extensive frontage along both 12th Avenue NE and Rock Creek Road, providing excellent visibility and accessibility. The site encompasses a total of 16.76 acres, offering flexibility for various commercial developments. The property is strategically zoned with a mix of C-1 and C-O designations, allowing for a range of potential uses. Traffic counts are substantial, with 12th Avenue NE averaging 18,300 vehicles per day and Rock Creek Road averaging 7,500 vehicles per day, ensuring high exposure for any business. The location is highly desirable, surrounded by residential developments and within minutes of the University of Oklahoma campus. Furthermore, the property's proximity to George M. Sutton Wilderness Park and Griffen Community Park adds to its appeal. Pricing varies based on zoning and acreage: the entire 16.76-acre parcel is priced at $4.25 per square foot
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.