510 Virginia Ave, Stillwater, OK 74075
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.
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
Similar Nearby for Sale
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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.