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1929 NW 15th St - Plaza 15 development 0.28 Acres of Commercial Land Offered at $297,750 in Oklahoma City, OK 73106
Investment Highlights
- Location! The Plaza District in NW OKC
- Upfront cost already spent for clearing the land, SPUD approval and design renderings
- Much recent redevelopment in this area
Executive Summary
This property already has an approved SPUD for approved uses of: Community Recreation (Property owners association); Family Care Homes; Light Public Protection and Utility (Restricted); Low Impact Institutional (residential-oriented); Single-Family residential; Three and Four-family residential; Two-Family residential.
Design renderings are attached reflecting what is believed to be the highest potential use of the property having a maximum of 8 units that are permitted within the SPUD, with 4 buildings each containing 2 units per building.
Design renderings are attached reflecting what is believed to be the highest potential use of the property having a maximum of 8 units that are permitted within the SPUD, with 4 buildings each containing 2 units per building.
Property Facts
| Price | $297,750 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 0.28 AC |
| Property Type | Land | ||
| Zoning | R4 - Approved SPUD for R4 construction, General residential district. Single, Two, Three and Four family residential. | ||
| Price | $297,750 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 0.28 AC |
| Zoning | R4 - Approved SPUD for R4 construction, General residential district. Single, Two, Three and Four family residential. |
1 Lot Available
Lot
| Price | $297,750 | Lot Size | 0.28 AC |
| Price Per AC | $1,063,392.86 |
| Price | $297,750 |
| Price Per AC | $1,063,392.86 |
| Lot Size | 0.28 AC |
Just under 1/3 acre, interior urban infill lot located in the revitalized Plaza District.
Description
This could be the perfect Plaza District development opportunity! With a SPUD already approved and design renderings provided, good money has already been spent to pave the way for the right visionary to complete this project and reap the benefits. Walking distance to the 16th St. heart of The Plaza making this a prime location. The old structure(s) have already been removed to help with short turnaround for construction.
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Moderately walkable
60/100
Moderately drivable
60/100
Some public transit
40/100
Moderately bikeable
60/100
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