12Th Ave Norman, OK 73071
- Land
- 1.84 lot acres
Current Use by Public Records
- Land
Property Details for 0 12Th Ave
- Lot size
- 1.84 lot acres
- Property type
- Land
Description
This exceptional 1.84-acre commercial land parcel presents a compelling investment opportunity in Norman, Oklahoma. Located at the intersection of Alameda Street and 12th Avenue, this property boasts an advantageous position within a thriving commercial area. The asking price is $400,000, translating to a land value of $5 per square foot. The site is ideally suited for a variety of commercial uses, including office, medical, or service retail establishments. Its strategic location benefits from excellent demographics and proximity to numerous existing restaurants and retail service tenants, ensuring high visibility and accessibility. Utilities are already established on-site, simplifying development and reducing upfront costs. The property's southeast location, situated on Triad Village Drive, places it within a vibrant business community. Furthermore, its convenient proximity to Highway 9 (within two miles) provides easy access to major transportation routes, enhancing its overall appeal and potential for significant return on investment. This is a rare opportunity to acquire a well-positioned commercial land parcel in a rapidly growing market. The established infrastructure and prime location make this an exceptional investment prospect.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Norman
- County
- Cleveland
- State
- Oklahoma
- Longitude
- -97.4237
- Latitude
- 35.2184
