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Property profile & analytics

2801 Phillips Ave Oklahoma City, OK 73105

This 4.12-acre property is located in Oklahoma City's Capitol Medical District and presents a development opportunity. The property is configurable in multiple ways. One option includes the entire block, encompassing 4.12 acres (179,497 sq ft) with road frontage on N Phillips Ave (east), NE 26th Street (south), and NE 28th Street (north). It is the largest privately-owned undeveloped tract within the Capitol Medical District. It is suited for a mixed-use project, a government or healthcare campus, or a residential development. Alternatively, the property can be divided into two 2-acre tracts (approximately 87,120 sq ft each). The south 2 acres offer frontage on N Phillips Ave (east) and NE 26th Street (south), suitable for commercial buildings, multi-family housing, or a mixed-use development. The north 2 acres provide frontage on N Phillips Ave (east) and NE 28th Street (north), well-suited for office complexes, residential communities, or facilities serving the surrounding medical district. Furthermore, the property can be divided into four 1-acre tracts (approximately 43,560 sq ft each) with frontage options along N Phillips Ave, NE 26th Street, and NE 28th Street, excellent for single-family residential construction, smaller commercial or medical offices, or as strategic investment holdings. The zoning is residential.
  • Land
  • 4.12 lot acres
OFF-MARKET
Last Sale
Sep 27, 2023
$400,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US69-2304567
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Land

Property Details for 2801 Phillips Ave

Lot size
4.12 lot acres
Property type
Land
APN
03-701-7200
APU
37017200

Property Overview

This 4.12-acre property is located in Oklahoma City's Capitol Medical District and presents a development opportunity. The property is configurable in multiple ways. One option includes the entire block, encompassing 4.12 acres (179,497 sq ft) with road frontage on N Phillips Ave (east), NE 26th Street (south), and NE 28th Street (north). It is the largest privately-owned undeveloped tract within the Capitol Medical District. It is suited for a mixed-use project, a government or healthcare campus, or a residential development. Alternatively, the property can be divided into two 2-acre tracts (approximately 87,120 sq ft each). The south 2 acres offer frontage on N Phillips Ave (east) and NE 26th Street (south), suitable for commercial buildings, multi-family housing, or a mixed-use development. The north 2 acres provide frontage on N Phillips Ave (east) and NE 28th Street (north), well-suited for office complexes, residential communities, or facilities serving the surrounding medical district. Furthermore, the property can be divided into four 1-acre tracts (approximately 43,560 sq ft each) with frontage options along N Phillips Ave, NE 26th Street, and NE 28th Street, excellent for single-family residential construction, smaller commercial or medical offices, or as strategic investment holdings. The zoning is residential.


Value Estimations

based on Realmo’s proprietary methodology
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  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Oklahoma City
County
Oklahoma
State
Oklahoma
Longitude
-97.4994
Latitude
35.4977
CBSA code
36420
CBSA name
OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,734
$30,401
$0.00
$30,401
-
$276,379
$0.00
$276,379
More about this property
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