Property profile

5700 72Nd St Nichols Hills, OK 73116

OFF-MARKET
Land
5.67 ac lot
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Property summary

AI-generated overview

This exceptional 5.67-acre commercial land parcel in Warr Acres, Oklahoma, presents a unique development opportunity. Located at 5700 NW 72nd St, 73116, this property boasts convenient access to NW Expressway and MacArthur Boulevard, placing it within easy reach of a substantial daytime population of 88,423. The site is zoned C-1 and is ready for development, with utilities already in place. A completed and city-approved detention study further streamlines the development process. The property's strategic location offers proximity to a variety of amenities, including medical facilities, hotels, restaurants, office buildings, apartments, and established residential neighborhoods. Furthermore, this land is situated within a Tax Increment Financing (TIF) district, providing potential financial incentives. Detailed information regarding the TIF district is available upon request. This is an exceptional opportunity to acquire a prime commercial land parcel in a thriving area with excellent infrastructure and access. The property is approximately 0.10 miles south of NW Expressway and 0.37 miles east of MacArthur Boulevard.

Property profile

Verified
Property type Land
Lot 5.67 ac (246,985 SF)

Cap rate & NOI

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

Location

5700 72Nd St Nichols Hills, OK 73116
Nichols Hills metro
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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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