89th May Ave Oklahoma City, OK 73159
This exceptional 10.49-acre commercial land parcel presents a remarkable development opportunity in Oklahoma City, OK. Strategically located at the bustling intersection of 89th Street and South May Avenue, this property offers unparalleled visibility and convenient access to major thoroughfares, including I-44 and I-240. The site boasts frontage on both 89th Street and South May Avenue, maximizing exposure for any development. Zoned PUD-1605 & PUD-234, the land is suitable for a variety of uses, including office, retail, or multifamily projects. Utilities are readily available on-site, streamlining the development process. The property's prime location offers proximity to key amenities such as Oklahoma City Community College, St. Anthony's Hospital, and numerous retail establishments, including a CVS pharmacy and Sonic. This high-traffic area benefits from its proximity to major employers, ensuring a strong potential tenant base. The asking price for this exceptional investment opportunity is $3,900,000. This is a rare chance to acquire a significant land holding in a rapidly growing area of Oklahoma City. Don't miss this chance to capitalize on the potential of this highly desirable location.
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
Similar Nearby for Lease
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.