8612 Walker Ave Oklahoma City, OK 73139
This exceptional 8.32-acre parcel of land, located at 8612 S. Walker Avenue in Oklahoma City, Oklahoma, presents a remarkable opportunity for residential development. Zoned R-1, this property offers significant potential for a variety of residential projects. Its convenient location, just three blocks north of SW 89th Street and Walker Avenue, provides easy access to essential amenities and transportation routes. The property boasts existing water and sewer access to the site, simplifying the development process and reducing initial infrastructure costs. The current R-1 zoning allows for single-family residential construction, however, there is potential for rezoning to accommodate higher-density projects such as duplexes or senior housing, subject to city approval. This infill location within Oklahoma City offers a unique blend of accessibility and development potential, making it an attractive investment for builders and developers seeking a prime location for a new residential community. The asking price for this substantial land parcel is $580,000. The property's 73139 zip code further highlights its strategic position within the Oklahoma City metropolitan area. Detailed site plans and zoning information are available upon request. Don't miss this chance to acquire a significant piece of land in a rapidly growing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.