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1301 24th Ave SW 7.03 Acres of Commercial Land Offered at $3,500,000 in Norman, OK 73072

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INVESTMENT HIGHLIGHTS

  • Near Highway 9
  • Close to the University of Oklahoma
  • Near I-35 & Lindsey

EXECUTIVE SUMMARY

- $3,500,000 Asking Price
- 7.03 acres mol
- Over 9,600 VPD on 24th Ave SW. Over 110,000 VPD on the intersection of I-35 and Lindsey.
Businesses nearby: Atwoods, Locke Supply Co., Braums, Homeland, Landers Chevrolet, Dollar Tree, Sonic, Braums, McDonalds, and many more!

Tract 1- 1.65 acres
Legal description: 1-8-3W 1.65 AC PRT N/2 SW/4 NW/4 NW/4 LYING E HWY 9 LESS N110' & LESS E200'
Tract 2- 1.0 acres
Legal Description: 1-8-3W 1ACRE TR B AKA E200' OF N/2 SW/4 NW/4 LESS N115
Tract 3- 3.92 acres
Legal Description: 1-8-3W 3.92 AC PRT NW/4 BEG 25'E NW/C SE/4 NW/4 NW/4 E400' S200' E194' S46' W200' S100' E200' S13.10' W969.62' N29.10' E350.62' N215' E25' N115' POB
Tract 4- 0.46 acres
Legal Description: 1-8N-3W 0.46 ac part NW/4 NW/4 Beg 30' W & 760' S NE/C S100 W200' N100' E200' TO BEG
Commercial Land. Buyer to do own due diligence.
1.67 tract- I 1 industrial
1.0 tract- I1 industrial
3.92tract- A2 Rural/low density
0.46 tract- A2 Rural/low density
If needed there is an additional 0.46 acre tract contiguous. This is not included in the sale but could be purchased. Call Broker for more details!

PROPERTY FACTS

Price $3,500,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
Total Lot Size 7.03 AC
Zoning Commercial - Rural Commercial Land. Buyer to do own due diligence. 1.67 tract- I 1 industrial 1.0 tract- I1 industrial 3.92tract- A2 Rural/low density 0.46 tract

1 LOT AVAILABLE

Lot

Price $3,500,000
Price Per AC $497,866.29
Lot Size 7.03 AC

- $3,500,000 Asking Price - 7.03 acres mol (four separate contiguous tracts) - Near Highway 9, I-35 & Lindsey intersection, Close to the University of Oklahoma - Owner will consider selling on a tract by tract basis

DESCRIPTION

LAND FOR SALE- 24th Ave SW (Assessor has address as 1301 24th Ave SW, Unit 1305) Huge development opportunity on 24th Ave SW near Highway 9, Lindsay Street, I-35, and close to the University of Oklahoma. Seller will consider dividing and look at offers on a tract by tract basis as well. - $3,500,000 Asking Price - 7.03 acres mol - Over 9,600 VPD on 24th Ave SW. Over 110,000 VPD on the intersection of I-35 and Lindsey. Businesses nearby: Atwoods, Locke Supply Co., Braums, Homeland, Landers Chevrolet, Dollar Tree, Sonic, Braums, McDonalds, and many more! Tract 1- 1.65 acres Legal description: 1-8-3W 1.65 AC PRT N/2 SW/4 NW/4 NW/4 LYING E HWY 9 LESS N110' & LESS E200' Tract 2- 1.0 acres Legal Description: 1-8-3W 1ACRE TR B AKA E200' OF N/2 SW/4 NW/4 LESS N115 Tract 3- 3.92 acres Legal Description: 1-8-3W 3.92 AC PRT NW/4 BEG 25'E NW/C SE/4 NW/4 NW/4 E400' S200' E194' S46' W200' S100' E200' S13.10' W969.62' N29.10' E350.62' N215' E25' N115' POB Tract 4- 0.46 acres Legal Description: 1-8N-3W 0.46 ac part NW/4 NW/4 Beg 30' W & 760' S NE/C S100 W200' N100' E200' TO BEG If needed there is an additional 0.46 acre tract contiguous. This is not included in the sale but could be purchased. Call Broker for more details!

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R0039034
Land Assessment
$15,525
Improvements Assessment
$12,763
Total Assessment
$28,288
  • Listing ID: 32478806

  • Date on Market: 7/16/2024

  • Last Updated:

  • Address: 1301 24th Ave SW, Norman, OK 73072

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