Property summary
This exceptional 76,278 square foot commercial land parcel presents a remarkable investment opportunity in Oklahoma City's thriving Palermo Place Phase II development. Located at the intersection of Western Avenue and SW 138th Street, in Cleveland County, zip code 73170, this C-2 zoned property offers unparalleled visibility and accessibility. The site boasts existing utilities, eliminating significant upfront infrastructure costs. Its strategic placement within a master-planned development ensures a cohesive and attractive environment, ideal for office or quick-service restaurant (QSR) establishments. Surrounded by strong residential neighborhoods, this location benefits from a high daytime population and excellent demographics, promising consistent customer traffic. The property's two pad sites, each with multiple curb cuts off Western Avenue, provide exceptional flexibility for development. Neighboring businesses contribute to a vibrant and successful commercial corridor. This is a rare chance to acquire a highly desirable, ready-to-develop site in a rapidly growing area, priced at $20 per square foot. The land's high traffic count and proximity to a substantial residential population make it an exceptional investment for long-term growth and profitability. Don't miss this opportunity to secure a prime location in a flourishing Oklahoma City community.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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