101 Hughbert St Norman, OK 73069
- Commercial real estate
- 0.32 lot acres
Current Use by Public Records
- Rock Solid Roofing / Roofing Contractor
Property Details for 101 Hughbert St
- Lot size
- 0.32 lot acres
- Property type
- Commercial real estate
Description
This exceptional 0.32-acre residential lot presents a remarkable investment opportunity in Norman, Oklahoma. Located at 101 E Hughbert St, 73069, this corner lot boasts a highly desirable location, offering unparalleled proximity to key Norman attractions. Its strategic position near the future Regional Transit Authority (RTA) hub and the burgeoning Rock Creek Entertainment District ensures high visibility and accessibility. Furthermore, its closeness to both Downtown Norman and Campus Corner provides exceptional convenience and appeal. The property is zoned for residential use and is already approved for development. A completed feasibility study provides two distinct renderings showcasing the potential for a sixteen-unit multi-family development. This study, along with the existing Site Plan Utility Design (SPUD), significantly streamlines the development process. The anticipated influx of residents and visitors due to the University of Oklahoma's transition to the Southeastern Conference, coupled with the development of the Norman Entertainment District and the new RTA, projects a strong increase in demand for housing in this area, making this land a prime investment opportunity. Don't miss this chance to capitalize on Norman's vibrant growth. The asking price is $225,000.
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
- Norman
- County
- Cleveland
- State
- Oklahoma
- Longitude
- -97.4459245
- Latitude
- 35.2269161
