641 15Th StOklahoma City, OK 73129

  • Commercial land
  • 0.31 AC
For Sale
$325,000 View listing

Property Details for 641 15Th St

Lot size
0.31 AC
Property type
Commercial land
APN
02-784-5790
APU
27845790

Description

This exceptional 27,441 square foot land parcel presents a unique investment opportunity in Oklahoma City. Located at 641 SE 15th St, 73129, this property boasts a prime location near downtown OKC and the First Americans Museum, offering significant potential for high foot traffic and revenue generation. Zoned C-3 and Residential, the land is suitable for a variety of commercial and residential developments. The asking price for the entire parcel is $325,000, with options available for purchasing individual plots. Its proximity to a $300 million resort further enhances its appeal, promising substantial growth and increased visibility. The property's convenient location, just five minutes from downtown OKC and a half-mile from I-35, ensures excellent accessibility and brand visibility. Utilities are readily available, allowing for immediate development and minimizing upfront costs. The mixed-use zoning attracts a diverse customer base, maximizing investment potential. This is a rare chance to acquire land in a high-growth area with flexible purchase options, promising a strong return on investment. Confirm zoning details to expedite your strategic investment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,669,879
    Hospitality
    $2,445,595
    Educational
    $2,034,706
    Medical
    $2,104,683
    Retail
    $3,165,098

Location Insight

City
Oklahoma City
County
Oklahoma
State
Oklahoma
Latitude
35.4501
Longitude
-97.4997
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
$177
$1,496
-
$1,496
-
$13,600
-
$13,600

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