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Property profile

000 Porter Ave Norman, OK 73071

OFF-MARKET
Land
10 ac lot
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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

Location

000 Porter Ave Norman, OK 73071
Norman metro
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Value estimations

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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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