For Sale
$2,482,920

NE Grand Boulevard & MLK Boulevard Oklahoma City, OK 73111

High-traffic location, excellent development opportunity.

Source: https://www.naisullivangroup.com

Overview

Added:
Mar 30
Days on market:
29
This exceptional Oklahoma City property offers a unique investment opportunity. Located at the intersection of NE Grand Boulevard and MLK Boulevard, this land boasts significant frontage along MLK Boulevard, totaling approximately 702 linear feet. The site comprises approximately 6 acres (more or less) of prime retail and hospitality land, priced at $9.50 per square foot. This highly visible location offers unparalleled exposure to a large volume of daily traffic. In addition to the main parcel, there is also approximately 20 acres (more or less) of rear land zoned R-1, available at $3.50 per square foot. This presents a versatile opportunity for mixed-use development, combining high-demand commercial space with potential residential expansion. The total asking price for the entire property is $2,482,920. The property's strategic location and substantial size make it an ideal site for a variety of commercial ventures, including restaurants, hotels, retail stores, or a mixed-use development. Serious inquiries are encouraged to explore the full potential of this remarkable property. The property is located in Oklahoma City, Oklahoma, zip code 73111. The total land area is approximately 26 acres.

Highlights

  • High-visibility retail/hospitality land at a prime Oklahoma City intersection.
  • 6 acres (MOL) available with 702 feet of frontage on MLK Boulevard.
  • Additional 20 acres (MOL) of R-1 zoned land also available.

Property Details for NE Grand Boulevard & MLK Boulevard

Property type
Land, Commercial land
Square Feet
261,360 SF
Price / Square Foot
$9.50
Elevators
N/A
Net Rentable (sq. ft)
261,360 SF
Lot Size (sq. ft)
261,360 SF

Location Insight

City
Oklahoma City
County
Oklahoma
State
Oklahoma

FAQs

What type of property is this?
Land - High-traffic location, excellent development opportunity.
Where is the land located?
The property is located at NE Grand Boulevard & MLK Boulevard Oklahoma City, OK.
What is the asking price?
The asking price for this property is $2,482,920.
What are key features of this property?
This property features: High-visibility retail/hospitality land at a prime Oklahoma City intersection.; 6 acres (MOL) available with 702 feet of frontage on MLK Boulevard.; Additional 20 acres (MOL) of R-1 zoned land also available.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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NE Grand Boulevard & MLK Boulevard
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