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2420-2536 Classen Blvd 7.67 Acres of Commercial Land Offered at $4,200,000 in Norman, OK 73071

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EXECUTIVE SUMMARY

7.67 acres of prime development land neighboring the University of Oklahoma (30,000+ students, fall 2024)
Excellent visibility and quality extended frontage on Classen Blvd | Just north of HWY 9 with easy access to I-35
Previous site of the OU Motel has been closed
Norman is enjoying a significant economic impact with OU's recent move to the SEC
OU's freshman class has experienced significant growth, reaching over 5,600 students in 2024 - an 8% increase from 2023 and a 11% jump from 2022 | Highest freshman enrollment in OU history for the class of 2025
The city of Norman is expected to grow to an estimated 150,000+ residents by 2030
Site is just north of E Constitution Street | West boundary - Jimmy Austin OU Golf Club, east boundary - Classen Blvd
Surrounding tenants include: the University of Oklahoma campus, 7-Eleven, Walmart, Jimmy Austin OU Golf Club, OU's Research Campus, National Weather Center, and more.

PROPERTY FACTS

Price $4,200,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
  • Hold For Development
Total Lot Size 7.67 AC
Zoning C-2 - Commercial

1 LOT AVAILABLE

Lot

Price $4,200,000
Price Per AC $547,588.01
Lot Size 7.67 AC
Walk Score®
Very Walkable (71)
Bike Score®
Very Bikeable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 29299441

  • Date on Market: 8/17/2023

  • Last Updated:

  • Address: 2420-2536 Classen Blvd, Norman, OK 73071

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