12th Ave NE & Rock Creek Rd, Norman, OK, 73071

12th Ave NE & Rock Creek Rd Norman, OK 73071

12th Ave NE & Rock Creek Rd, Norman, OK, 73071
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FOR SALE
Property Type:
Other Land
Amount:
$653,400
Last Verified:
Jan 10, 2024


Description

16.76 Acres (entire property): $4.25/SF
2 Acres (zoned C-1): $7.50/SF
6.76 Acres (zoned C-1): $5.00/SF
8 Acres (zoned C-O): $4.00/SF

Site is located on the SE corner of 12th Ave NW & Rock Creek Rd. Daily traffic on these two roadways is over 25,000 (vehicles/day)
Commercially Zoned - North Portion of Land: C-1 (local commercial) | South Portion of Land: C-O (suburban office commercial)
Directly West of George M. Sutton Wilderness Park & Griffin Community Park
Located Near Many Amenities (restaurants, banks, grocery, retail) | Within minutes of the University of Oklahoma

Lot Size: 16.76 acres


Documents

Sale Brochure (L)

Map of 12th Ave NE & Rock Creek Rd, Norman, OK, 73071

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.