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Property profile & analytics
OFF-MARKET
Commercial real estate

16399 96Th St Lexington, OK 73051

8.89 ac lot
Property ID
US69-1116787
Property summary
AI-generated overview

This exceptional 8.89-acre property presents a unique opportunity for diverse development in unincorporated Cleveland County, Oklahoma. Located at 16399 96th Street, Lexington, OK 73051, this expansive lot boasts 440 feet of frontage on a paved road, offering convenient access and high visibility. The dimensions measure approximately 440 feet by 880 feet, providing ample space for a variety of projects. The property is zoned for both industrial and residential uses, making it ideal for developers seeking flexibility and diverse options. Utilities are readily available, with rural water and electricity already in place. Furthermore, an application for three water wells has been submitted, further enhancing the property's potential. Its strategic location offers proximity to major transportation arteries, being situated near Interstate 35, approximately 40 miles south of downtown Oklahoma City and 18 miles south of downtown Norman. This prime location combines rural tranquility with convenient access to urban amenities, making it an attractive investment for both residential and industrial ventures. The property's size, zoning, and location make it a highly desirable asset for those seeking a substantial land parcel with significant development potential in a rapidly growing area.

Property profile
Verified
Property type Commercial real estate
Lot 8.89 ac (387,248 SF)
UPID US69-1116787
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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