16399 96th Street Lexington, OK 73051
- Commercial real estate
- 8.89 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 16399 96th Street
- Lot size
- 8.89 lot acres
- Property type
- Commercial real estate
Description
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.
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
- Lexington
- County
- Cleveland
- State
- Oklahoma
- Longitude
- -97.2997267
- Latitude
- 35.019016