7Th St Oklahoma City, OK 73102
- Land
- 1.76 lot acres
Current Use by Public Records
- Land
Property Details for 0 7Th St
- Lot size
- 1.76 lot acres
- Property type
- Land
Description
This exceptional 1.76-acre commercial land parcel presents a remarkable investment opportunity in Oklahoma City's vibrant downtown core. Strategically located at the southwest corner of S. Shields Blvd. and SW 7th Street, the property enjoys unparalleled proximity to the new Omni Convention Center and Hotel (a $288 million development featuring 605 rooms and 200,000 square feet of meeting space), slated for completion in 2021. The site's advantageous position also places it within walking distance of Scissortail Park and adjacent to a large-scale retail development, ensuring high visibility and accessibility. The land's zoning is ideal for multi-family or hospitality development, capitalizing on the significant influx of visitors and residents drawn to the area's burgeoning amenities. With a land value of $60 per square foot, this property offers a compelling return on investment, given its prime location and development potential. The asking price is $4,600,000. The property's proximity to the Chesapeake Arena further enhances its desirability and potential for significant future growth. This is a rare chance to acquire a highly sought-after development site in a rapidly expanding urban center. The address is 73102, Oklahoma City, Oklahoma County, Oklahoma.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Oklahoma City
- County
- Oklahoma
- State
- Oklahoma
- Longitude
- -97.5136
- Latitude
- 35.4492
