Norman Development Site

Norman Development Site

Norman, OK
Available
  • Property Type: Development/Land
  • Property Size: / 16.44 Acres

Overview

Capstone Land Sales is pleased to present the Norman Development Site: a highly visible multi-family development site near the University of Oklahoma and surrounded by employment and retail hubs. The site’s superb location along Highway 9 puts it within 10 minutes of OU and 30 minutes of downtown Oklahoma City. Since the Norman submarket is in need of new inventory to house recent college graduates and the area’s workforce, the subject site is in a prime location to help fill that need. The 16-acre site allows for up to ±148 units, with zoning standards permitted for a three-story surface parked development and multi-family zoning already in place. The Norman Development Site presents a fruitful opportunity to investors seeking a sustainable and healthy submarket built for longevity.

Investment Highlights

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

Contact Information

Chris O'Hare Investment Sales Advisor P: 918.812.9681
O: 800.746.3175 ext. 713
cohare@capstone-companies.com
David Dirkschneider Managing Director P: 405.514.0340
O: 800.746.3175 ext. 744
davidd@capstone-companies.com
William Forrest Managing Director P: 405.210.3298
O: 800.746.3175 ext. 746
wforrest@capstone-companies.com
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