Of Oklahoma City, OK 73102
- Land
- 1.37 lot acres
Current Use by Public Records
- Land
Property Details for 0 Of
- Lot size
- 1.37 lot acres
- Property type
- Land
Description
This exceptional 1.37-acre commercial land parcel presents a unique investment opportunity in Oklahoma City's vibrant West Park district. Situated directly west of the 70-acre MAPS 3 Central Park (completion expected 2018), this property is the only assembled block in this prime location. Its strategic positioning offers unparalleled potential for high-rise development, encompassing multi-family residential, hospitality, office, and retail uses. The site benefits from its proximity to the streetcar system (completion expected 2018), ensuring excellent accessibility and connectivity. Furthermore, its location across from a new convention center development further enhances its desirability and future value. The property is ideally suited for large-scale projects seeking to capitalize on the area's rapid growth and revitalization. Tax Increment Financing (TIF) is available within the West Park District, providing additional incentives for development. The land is priced at $80 per square foot, reflecting its exceptional location and development potential. This is a rare opportunity to acquire a significant land holding in a rapidly transforming area of Oklahoma City, offering substantial long-term returns. The address is NE/c of SW 7th & Walker, Oklahoma City, OK 73102.
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
- -97.5213
- Latitude
- 35.4752
