Property profile

815 Stadium Dr Ada, OK 74820

OFF-MARKET
Land
3.44 ac lot
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Property summary

AI-generated overview

Exceptional 3.44-acre parcel in Ada, Oklahoma, presents a prime opportunity for multifamily or residential development. Located just half a mile from East Central University (ECU), this property boasts a desirable location near a thriving residential area. The lot measures approximately 470 feet by 319 feet and is zoned R-1, allowing for various residential construction options. A preliminary site plan for multifamily development is available. The asking price is $325,000, translating to approximately $2.17 per square foot. This substantial land area offers significant potential for investors and developers seeking a lucrative project near a major university. The property's proximity to ECU ensures a strong potential tenant base and high demand for residential units. This is a rare opportunity to acquire a large, well-located parcel in a growing community. The address is 815 S Stadium Dr, Ada, OK 74820, in Pontotoc County. Don't miss this chance to capitalize on this exceptional development opportunity.

Property profile

Verified
Property type Land
Lot 3.44 ac (149,846 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

815 Stadium Dr Ada, OK 74820
Ada metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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