3900 Lincoln BlvdOklahoma City, OK 73105

Property Details for 3900 Lincoln Blvd

Year built

1962

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

2.11 AC

Property size (Sq ft)

7,725 SF

Property type

Banks

APN

08-670-1000

APU

86701000

Description

This exceptional commercial land offering presents a unique investment opportunity in Oklahoma City, Oklahoma. Located at 3900 N Lincoln Blvd, this 53,550 square foot parcel is priced at $374,850, translating to $7 per square foot. The property boasts a highly desirable C-3 zoning classification, suitable for a wide range of commercial developments, excluding banking and medical cannabis facilities. Its strategic location at the intersection of Lincoln Boulevard, 39th Street, and Lindsay Avenue provides unparalleled accessibility to major thoroughfares such as I-44 and I-235, ensuring convenient access for businesses and employees. The high visibility afforded by its proximity to the Oklahoma State Capitol complex and OU Health, coupled with a daily traffic count of 20,183 vehicles on Lincoln Boulevard, promises significant exposure for any future development. This prime location offers substantial potential for a variety of commercial ventures, making it an attractive investment for developers seeking a high-traffic, well-connected site in a thriving area of Oklahoma City. The property's size and zoning flexibility provide ample opportunity for creative and profitable development. The asking price represents a compelling value for a site with such advantageous characteristics. This is a rare chance to acquire a substantial commercial land parcel in a prime Oklahoma City location. The zip code is 73105.

• CAP approach

  CAP return

  Valuation

  6%

  $1,961,487

  6.5%

  $1,810,603

  7%

  $1,681,274

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,342,270

  Geo Method

  $2,342,270

• Alternative Use

  Use

  Valuation

  Residential

  $1,527,312

  Hospitality

  $1,399,009

  Educational

  $1,163,959

  Medical

  $1,203,990

  Retail

  $1,810,603

Location Insight

City

Oklahoma City

County

Oklahoma

State

Oklahoma

Latitude

35.511

Longitude

-97.5023

CBSA code

36420

CBSA name

OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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