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0 Grand Blvd & Mlk Blvd Oklahoma City, OK 73111

OFF-MARKET Retail properties & Spaces Google Maps
20 ac lot
Estimated value
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Property ID

Property summary

AI-generated overview

This exceptional 20-acre commercial land parcel presents a unique investment opportunity in Oklahoma City, Oklahoma. Strategically located at the intersection of NE Grand Boulevard and MLK Boulevard, this property boasts significant frontage along MLK Boulevard, totaling approximately 702 feet. The land is zoned to accommodate a variety of commercial uses, including retail and hospitality developments. The property is divided into two distinct sections offering flexible development options. The front portion, approximately 1-6 acres, offers prime retail and hospitality land with a price per square foot ranging from $9.50. This section's high visibility and prominent location make it ideal for businesses seeking maximum exposure. The rear portion, encompassing approximately 14 acres, is zoned R-1 and offers a price per square foot of $3.50. This section provides ample space for complementary development or future expansion. The property's location in Oklahoma City, within Oklahoma County, and its proximity to major thoroughfares, ensures excellent accessibility and high traffic volume. The zip code is 73111. This is a rare opportunity to acquire a large, versatile commercial land parcel in a thriving urban area. The property's size and zoning flexibility make it suitable for a wide range of development projects, offering significant potential for long-term growth and return on investment. Detailed site plans and zoning information are available upon request.

Property profile

Verified
Property type Retail properties & Spaces
Lot 20 ac (871,200 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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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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