New Listing
Description
Positioned on Park Drive in one of Norman's most sought-after locations, just steps from Campus Corner and the University of Oklahoma, this property presents an exceptional opportunity for investors and developers alike. Situated adjacent to the Noun Hotel, the location offers outstanding walkability and immediate access to the restaurants, shopping, entertainment, and campus lifestyle that make this area so desirable. For developers, this 0.38 acre lot offers compelling redevelopment potential. With consecutive record-setting freshman classes at OU, demand for student housing and walkable campus living continues to create exciting opportunities in this highly desirable university market. Surrounded by established restaurants, entertainment, and year-round campus activity, this is a location that simply cannot be replicated. Whether evaluating the property's existing multifamily configuration or exploring future redevelopment possibilities, this offering represents a rare opportunity to secure a property in the heart of Norman's vibrant university district. Surrounded by popular restaurants, shopping, entertainment, and year-round campus activity, this is a location that simply cannot be replicated. Opportunities to acquire land in this highly desirable area are increasingly limited. Buyers are encouraged to conduct their own due diligence regarding zoning, permitted uses, development standards, lot dimensions, utilities, and redevelopment opportunities. For additional information regarding the property and its development potential, please contact the listing agent.
Details
| MLS # | 1254863 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1960 |
| Days On Site | 4 |
| Listing Provided By | Engel and Volkers Oklahoma City | Adam Dye |
Features
| Bed(s) | 12 |
|---|---|
| Bath(s) | 12 Total |
| SQ Feet | 4,800 |
| Story(s) | 1 |
| Acreage | 0.38 |
Exterior
| Lot Features | Campus Area, Corner Lot, Interior Lot |
|---|---|
| Foundation Details | Slab |
Taxes
| Okc Tax Amount | 3980.0000 |
|---|
Area Information
| State | OK |
|---|---|
| County | Cleveland |
| City | Norman |
| Zip Code | 73069 |
| School District | Cleveland |
| School District | Norman HS |
| Elementary School | Mckinley ES |
| High School | Norman HS |
| Listing VS Median (in 73069) | |
Price: $729,000 low | high Med: $289,000 sqft: 4,800 low | high Med: 2,070 $ / sqft: $152 low | high Med: $140 On site: 4 low | high Med: 47 | |
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Learn More About This Property
| State | OK |
|---|---|
| County | Cleveland |
| City | Norman |
| Zip Code | 73069 |
| School District | Cleveland |
| School District | Norman HS |
| Elementary School | Mckinley ES |
| High School | Norman HS |
| Listing VS Median (in 73069) | |
Price: $729,000 low | high Med: $289,000 sqft: 4,800 low | high Med: 2,070 $ / sqft: $152 low | high Med: $140 On site: 4 low | high Med: 47 | |