Property profile

510 Virginia Ave Stillwater, OK 74075

OFF-MARKET
Land
1.05 ac lot
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Property summary

AI-generated overview

This exceptional 1.05-acre lot presents a remarkable development opportunity in the heart of Stillwater, Oklahoma. Located at 510 E Virginia Ave, this prime parcel is zoned for multi-family use, offering significant potential for a high-return investment. The property's convenient corner location ensures high visibility and accessibility, making it an ideal site for a variety of multi-family projects. Imagine the possibilities: a collection of stylish townhomes, charming urban cottages, or modern apartment buildings. Preliminary site plans for multi-family units are available upon request, showcasing the feasibility of a substantial development. With its central Stillwater location and the city's rapid expansion, this vacant land represents a rare opportunity to capitalize on the growing demand for dense housing near the downtown area. The asking price is $249,000. High traffic counts guarantee excellent visibility and convenient access for future residents. Don't miss this chance to secure a prime piece of Stillwater real estate and build your vision. The property is situated in Payne County, Oklahoma, with a 74075 zip code. This is a truly unique opportunity to create a thriving multi-family community in a desirable location. The property's size and zoning allow for the potential construction of 16 or more residential units.

Property profile

Verified
Property type Land
Lot 1.05 ac (45,738 SF)

Cap rate & NOI

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

Location

510 Virginia Ave Stillwater, OK 74075
Stillwater metro
Google Maps

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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