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Stone Wood Hills - Stonewood Hills Development Site 26.38 Acres of Commercial Land in Broken Arrow, OK 74012

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INVESTMENT HIGHLIGHTS

  • By-Right Apartment Site in Growing Submarket
  • High Profile Efficient Surfaced Parked Development Site
  • Proven New Construction Demand
  • Abundance of Employment & Retail Nearby

EXECUTIVE SUMMARY

Capstone is pleased to present the Stonewood Hills Development Site: the only by-right multi-family development site available in the South Tulsa/Broken Arrow submarket. The 26.38-acre site is well suited for a three or four-story surface-parked development up to approximately 495 units. However, the PUD has no height restriction. Located within the larger Tulsa MSA, the site has easy and convenient access to Highway 51 and is ideally positioned in Broken Arrow, Oklahoma, less than 20 minutes from downtown Tulsa. Due to its prime location, the site benefits from proximity to an abundance of employers, economic demand drivers, as well as Class A retail and lifestyle amenities. Additionally, developers will benefit from ideal multi-family zoning already in place. The Stonewood Hills Development Site represents an infrequent and outstanding opportunity to develop in one of the fastest-growing and most highly sought-after submarkets in the Tulsa MSA.

PROPERTY FACTS Under Contract

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Multifamily
Total Lot Size 26.38 AC
Zoning CH - Commercial

1 LOT AVAILABLE

Lot

Lot Size 26.38 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 98402-84-02-24670
  • 98402-84-02-03970
Land Assessment
$46,414
Improvements Assessment
$0
Total Assessment
$46,414
  • Listing ID: 23630825

  • Date on Market: 7/8/2021

  • Last Updated:

  • Address: Stone Wood Hills, Broken Arrow, OK 74012

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