3614 Classen Blvd Norman, OK 73071
- Commercial real estate
- 1,443 SF
- 0.51 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 3614 Classen Blvd
- Year built
- 1940
- Lot size
- 0.51 lot acres
- Property size
- 1,443 SF
- Property type
- Commercial real estate
Description
This exceptional 0.51-acre commercial lot at 3614 Classen Boulevard in Norman, Oklahoma presents a unique investment opportunity. Located in a rapidly developing area of Norman, this property offers significant potential for retail development. The 1,443 square foot existing structure holds no significant value and is to be considered as-is. The property's prime location boasts high visibility and accessibility, situated directly across from a Walmart Supercenter and Club Car Wash, and adjacent to a Take 5 Oil Change. The surrounding area is experiencing substantial residential growth, with newer housing developments nearby. This surge in residential construction creates a strong demand for retail services, making this lot ideally positioned to capitalize on this expanding market. The adjacent lot at 3608 Classen Boulevard is also available for purchase, offering the potential to acquire a full acre of land, providing ample space for both building construction and parking. This combined acreage would be perfect for a larger-scale retail development. The current residential zoning presents an opportunity for rezoning to commercial use, allowing for the creation of a thriving retail establishment in a high-traffic area. This is a rare chance to secure a prime retail location in a booming Norman neighborhood. The property is priced at $395,000.
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
- -97.41373
- Latitude
- 35.17431
