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Investment Highlights

  • Utilities established on-site
  • Great location for Office/Medical or service Retail uses
  • Nearby restaurants and retail service tenants
  • Excellent Demographics

Executive Summary

This 1.84-acre land offering at Alameda Street and 12th Avenue SE presents an opportunity for office, medical, or service-oriented retail development in southeast Norman. Positioned along Triad Village Drive, the site benefits from established utilities and is surrounded by a mix of existing commercial businesses, creating a setting that supports a variety of professional and consumer-serving uses. Its location within an active commercial area provides immediate proximity to nearby restaurants, retail services, and daily-needs amenities that can support future occupants and visitors.
The property offers convenient access to Highway 9, located approximately two miles away, providing connectivity throughout Norman and the greater Oklahoma City metropolitan area. Norman serves as one of Oklahoma's largest cities and is home to the University of Oklahoma, a major regional institution that contributes to the area's economic activity, workforce base, and ongoing commercial demand. The surrounding trade area includes established residential neighborhoods and a growing collection of commercial services that help support long-term development potential.
With utilities already established on-site and a location integrated into an existing commercial corridor, the property offers a straightforward development opportunity for users or investors seeking land in a developed area of Norman. The combination of commercial surroundings, nearby consumer amenities, and regional transportation access positions the site for a range of potential development strategies consistent with local market demand.

Property Facts

Price $400,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 1.84 AC
Cross Streets Alameda Street

1 Lot Available

Lot

Price $400,000
Price Per AC $217,391.30
Lot Size 1.84 AC

This 1.84-acre land offering at Alameda Street and 12th Avenue SE presents an opportunity for office, medical, or service-oriented retail development in southeast Norman.

Description

• Excellent Demographics • Great location for Office/Medical or service Retail uses • Nearby restaurants and retail service tenants • Utilities established on-site Located southeast of Alameda and 12 Avenue SE. Situated on Triad Village Drive surrounded by various businesses. Two miles from Highway 9.

Fairly walkable
50/100
Moderately drivable
70/100
Some public transit
40/100
Fairly bikeable
50/100
  • Listing ID: 31350257

  • Date on Market: 3/28/2024

  • Last Updated:

  • Address: Alameda Street and 12th Avenue SE, Norman, OK 73071

Contact the Sale Advisor

Alameda Street and 12th Avenue SE - Alameda Street And 12th Avenue SE

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