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:
Aug 13, 2024

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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

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.