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Property profile & analytics
OFF-MARKET
Land

000 Porter Ave Norman, OK 73071

10 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 10-acre farm and ranch property presents a prime opportunity for commercial development in Norman, Oklahoma. Located at 000 N Porter, this hard corner lot boasts convenient access to both Porter and Franklin Roads. Its strategic position across from the renowned Hollywood Corners and near the Belmar Golf Course offers unparalleled visibility and accessibility. The property benefits from its proximity to thriving residential neighborhoods, including Belmar, Belmar North, and Little River Trails, ensuring a strong potential customer base. Further enhancing its appeal is the presence of over 300 acres of land in the immediate vicinity owned by a prominent Norman home builder, suggesting significant future growth in the area. The property's location near a proposed turnpike provides excellent transportation links. The high daily vehicle count of 11,000+ underscores the significant traffic flow in the area. While the boundaries shown in the imagery are approximate, this 10-acre parcel offers substantial potential for investors seeking a strategic location for commercial ventures in a rapidly developing part of Norman. The asking price is $1,150,000. The property is situated in Cleveland County, Oklahoma, with a zip code of 73071.

Property profile
Verified
Property type Land
Lot 10 ac (435,600 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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