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408 Summit Ridge Dr - 5.75 AC Land 5.75 Acres of Commercial Land Offered at $1,290,000 in Oklahoma City, OK 73114
Investment Highlights
- 5.75 acres of greenfield land in an established growth corridor.
- Proximity to major roadways including Broadway Extension with traffic counts exceeding 97,000 vehicles per day.
- Close to destination retail, dining, and entertainment at “The Half” mixed-use district.
- Zoned R-4 allowing single-family, duplex, and multifamily development options.
- Less than three miles from major employment and medical hubs, including McBride Orthopedic Hospital.
- Located near the new Belle Isle Enterprise High School, a planned educational facility set to open in Fall 2027.
Executive Summary
This 5.75-acre tract offers a valuable development opportunity in the rapidly growing Oklahoma City market. Ideally positioned just one block northeast of Broadway and Hefner Road, the property provides excellent accessibility and connectivity to major corridors, with Broadway Extension seeing more than 97,000 vehicles per day.
The site is zoned R-4, enabling future development for a range of residential uses including single-family, duplex, or multifamily projects. Located within three miles of the Broadway Medical Community and “The Half,” a mixed-use entertainment and retail district, the property benefits from a strong surrounding amenity base. Additionally, the new Belle Isle Enterprise High School, scheduled to open in Fall 2027, will further enhance the area's appeal for residents and investors.
Positioned near major retail anchors such as Costco, The Links, and McBride Orthopedic Hospital, this parcel combines strong demographic fundamentals with proximity to education, healthcare, and lifestyle amenities. With rapid residential and commercial growth in the northern Oklahoma City corridor, this property represents an attractive long-term investment opportunity for developers seeking a well-located, build-ready site
The site is zoned R-4, enabling future development for a range of residential uses including single-family, duplex, or multifamily projects. Located within three miles of the Broadway Medical Community and “The Half,” a mixed-use entertainment and retail district, the property benefits from a strong surrounding amenity base. Additionally, the new Belle Isle Enterprise High School, scheduled to open in Fall 2027, will further enhance the area's appeal for residents and investors.
Positioned near major retail anchors such as Costco, The Links, and McBride Orthopedic Hospital, this parcel combines strong demographic fundamentals with proximity to education, healthcare, and lifestyle amenities. With rapid residential and commercial growth in the northern Oklahoma City corridor, this property represents an attractive long-term investment opportunity for developers seeking a well-located, build-ready site
Property Facts
| Price | $1,290,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 5.75 AC |
| Property Type | Land | ||
| Zoning | R4 - Zoned R-4 (Single Family, Duplex, Multi Family) | ||
| Price | $1,290,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 5.75 AC |
| Zoning | R4 - Zoned R-4 (Single Family, Duplex, Multi Family) |
1 Lot Available
Lot
| Price | $1,290,000 | Lot Size | 5.75 AC |
| Price Per AC | $224,347.83 |
| Price | $1,290,000 |
| Price Per AC | $224,347.83 |
| Lot Size | 5.75 AC |
1 1
Somewhat walkable
30/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $7,091 | |
| Land Assessment | $38,302 | Total Assessment | $45,393 |
Property Taxes
Parcel Numbers
Land Assessment
$38,302
Improvements Assessment
$7,091
Total Assessment
$45,393
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408 Summit Ridge Dr - 5.75 AC Land