723 Asp Ave - Residential LAND FOR SALE


Norman, OK 73069- Larsh/Miller28,314 SF
$3,250,000 USD
405-202-2022
723 Asp Ave, Norman, OK for Sale
$3,250,000 USD
Residential LAND - FOR SALE
1/11
28,314 SF

723 Asp Ave
Norman, OK 73069
Larsh/Miller


HIGHLIGHTS

  • Heart of Campus Corner at the University of Oklahoma

OVERVIEW

In the heart of campus corner these mixed use properties have many possibilities under their current zonings R3 & C2 -or- CCFBC Exception. This property is slated to be zoned Urban General, City Center Form-Based Code (CCFBC) -or- propose similar PUD with potential to build corner to corner 5 stories, possibly more. See surveys and engineering notes Pictures denote example use for the properties and current use of the properties. 3 Contiguous Parcels offered 24,500 Sq Ft - Land dimensions 175'x140' 4,000 Sq Ft - Land dimensions 40'x100' 28,500 Sq Ft total land New city parking lot directly across the street. CURRENT USE: 715 Asp Ave - 7 unit apt house zoned R3 - 10,500 SQFT Land with 3458 Sq Ft Home - New Basement Wall around 2005, New HVAC around 2009, New Roof in 2021, and new siding being installed on north side due to hail damage. Abundance of parking onsite. Tenants pay all utilities. Income $65,300 Annually + Game Day Parking Income. 719 Asp Ave - 5 unit apt house zoned R3 - 7,000 SQFT Land with 4203 Sq Ft Home - New Basement Wall around 2015 and major building renovations in 2004 including sprinkler system. New siding being installed on north side of home. Roof has hail damage and does not leak. Abundance of parking on site. Tenants Pay Electric, Income $49,300 annually + Game Day Parking 723 Asp Ave - Vacant Commercial Zoned C2 - 7,000 SQFT Land. Untapped Commercial Income + Game Day Parking 15 Parking spaces w 604 SqFt Garage/workshop 715/719/723 Game day parking income $12,000 +/-annually. There are approximately 62 game day spaces onsite. Tenants use back 12 spaces and 50 lease for game day. Most are sold for the season. same people for may years. ON SAME BLOCK 50' From Asp Properties 320 W Duffy - Zoned R3- 3 bed 1 bath w new roof on additional 4,000 sq ft lot 40'x100' Annual Income $13,200 Broker Owner

FOR SALE DETAILS

PRICE

$3,250,000 USD

PRICE/ACRE

$5,000,000/AC

PRICE/SF

$115 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Retail, Office, Mixed Use, Multi-Family, Apartment Units, Planned Unit Development, Restaurant

LAND ACRES

0.65 AC

LAND SF

28,314 SF

OFFSITE IMPROVEMENTS

Water, Electricity

ZONING

CCFBC Exception

APN/PARCEL ID

R0038010

ASK ABOUT THIS PROPERTY

Marty ColtraneColtrane Real Estate, LLCMore Info
405-202-2022

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Marty ColtraneColtrane Real Estate, LLCMore Info
405-202-2022

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.