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Founder's Park Blvd & W Tecumseh Rd - Flint Hills 2.65 Acres of Commercial Land Offered at $499,900 in Norman, OK 73069
INVESTMENT HIGHLIGHTS
- Opportunity to invest in a sizable lot, zoned for multifamily projects with a conceptual site plan drawn up, on the Southwest side of Flint Hills.
- Located amid a vibrant retail corridor, with nationally recognized retailers, entertainment options, and nature trails dotting the vicinity.
- Offers an unparalleled location advantage nestled between major destinations: OKC and the University of Oklahoma, the number one employer in Norman.
- Within a 2-mile radius, the population rose by 2% since 2020 and is expected to go up 1.5% more by 2029, with an average household income of $97,016.
EXECUTIVE SUMMARY
Flint Hills, at Founder's Park Boulevard and West Tecumseh Road, presents an excellent opportunity to invest in multifamily land with strong retail options nearby and access to the interstate. This 2.658-acre lot is ideal for a range of multifamily developments, with a conceptual site plan for the Flint Hills Townhouses attached (the buyer will need to conduct their own due diligence to determine the building layout and number of buildable units). Flint Hills is uniquely situated between OKC and OU, just 4 miles from The University of Oklahoma (OU), and 16.9 miles from Downtown Oklahoma City (OKC). OU is the largest employer in the Norman Submarket, adding to the need for convenient housing in the area. The proximity to Interstate 35 enhances this site's ease of access, making it quick and easy to navigate to key destinations.
In the immediate vicinity, future residents can enjoy access to highly rated retailers, including Target, Starbucks, McDonald's, and CVS. Within a 10-minute drive is the esteemed Sooner Mall, Chuy's, Costco, and Walmart Supercenter, giving Flint Hills the upper hand in retail advantages. In addition to the extensive retail, lifestyle amenities such as nature trails and parks are conveniently located within walking distance of the site.
Flint Hills is a significant investment opportunity, not only due to its strategic location, but also because the economy has experienced strong, steady, and affluent population growth. With its unlimited retail options and its position between OU and OKC, Flint Hills is in a highly desirable location for future multifamily development.
In the immediate vicinity, future residents can enjoy access to highly rated retailers, including Target, Starbucks, McDonald's, and CVS. Within a 10-minute drive is the esteemed Sooner Mall, Chuy's, Costco, and Walmart Supercenter, giving Flint Hills the upper hand in retail advantages. In addition to the extensive retail, lifestyle amenities such as nature trails and parks are conveniently located within walking distance of the site.
Flint Hills is a significant investment opportunity, not only due to its strategic location, but also because the economy has experienced strong, steady, and affluent population growth. With its unlimited retail options and its position between OU and OKC, Flint Hills is in a highly desirable location for future multifamily development.
SALE FLYER
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $499,900 | Lot Size | 2.65 AC |
| Price Per AC | $188,641.51 |
| Price | $499,900 |
| Price Per AC | $188,641.51 |
| Lot Size | 2.65 AC |
2.658 acres of multi-family land at the SW side of Flint Hills
DESCRIPTION
2.658 acres of multi-family land at the SW side of Flint Hills.
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NEARBY AMENITIES
RESTAURANTS |
|||
|---|---|---|---|
| Starbucks | Cafe | $ | 15 min walk |
RETAIL |
||
|---|---|---|
| CrossFit | Fitness | 13 min walk |
HOTELS |
|
|---|---|
| Trademark Collection by Wyndham |
116 rooms
5 min drive
|
| Residence Inn |
124 rooms
6 min drive
|
| Embassy Suites by Hilton |
283 rooms
6 min drive
|
| Extended Stay America Select Suites |
121 rooms
6 min drive
|
| Holiday Inn Express |
116 rooms
6 min drive
|
PROPERTY TAXES
| Parcel Number | R0190605 | Improvements Assessment | $0 |
| Land Assessment | $45 | Total Assessment | $45 |
PROPERTY TAXES
Parcel Number
R0190605
Land Assessment
$45
Improvements Assessment
$0
Total Assessment
$45
SALE ADVISORS
SALE ADVISORS
Allison Reeves
Allison Reeves is a licensed Real Estate Agent in the State of Oklahoma for ROI Real Estate. Allison is a graduate of Oklahoma City Community College and has an Associate’s Degree in Applied Science. With 3 years of experience in the real estate industry, Allison can help clients in all aspects of real estate needs such as leasing, purchasing, selling or buying a home! She is dedicated to putting her clients first and helping them dream up their future space. While ROI Real Estate provides services pertaining to residential and commercial real estate, Allison’s focus is mainly on office leasing/sales and selling residential homes.
When Allison is not showing off the amazing opportunities ROI Real Estate has to offer, she loves spending her time at the lake, on the boat, and making memories with her junior high sweetheart and beautiful little girl. Allison loves shopping, spending time with friends, and most importantly family. Allison puts her faith and family first.
When Allison is not showing off the amazing opportunities ROI Real Estate has to offer, she loves spending her time at the lake, on the boat, and making memories with her junior high sweetheart and beautiful little girl. Allison loves shopping, spending time with friends, and most importantly family. Allison puts her faith and family first.
Isaac Christian, Managing Broker
Isaac Christian is the Managing Broker, and owner of ROI Real Estate. With over 17 years of experience in the real estate industry, Isaac is able to provide clients with a wide range of counsel. Having worked predominantly as a real estate developer, Isaac’s knowledge base provides unique perspective when it comes to evaluating real estate. Developing real estate all around the Oklahoma City metropolitan area has allowed him to actively participate in land acquisitions, rezoning and platting properties, conceptualize master site plans, turnkey development of sites (to include commercial, industrial, multifamily, and residential communities), and construction of custom and spec homes and offices. It was this experience that ultimately led Isaac to take on the opportunity to own and manage ROI. While ROI Real Estate provides services pertaining to residential and commercial real estate, Isaac’s focus is mainly on commercial land acquisition and office leasing/sales.
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Founder's Park Blvd & W Tecumseh Rd - Flint Hills
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