501 - 517 W. Reno, Oklahoma City, OK
Land for Sale - $5,900,000 - 1.48 acres
Property Info
CIMLS# | 842741 |
Location 501 - 517 W. Reno Oklahoma City OK 73102 | |
Updated | December 10th, 2016 |
Type | Land |
Price | $5,900,000 |
Land | 1.48 acres |
Property Description
**BACK ON THE MARKET** Oklahoma CIty is experiencing exponential growth and redevelopment in the downtown core to include multiple Hotel, Multi-Family, Office, Retail and mixed use development projects. The subject property is located in the bullseye of $777 million in public/ private economic development initiatives known as Metropolitan Area Projects 3 (MAPS 3). Major new construction in the immediate vicinity include the planned John W. Rex charter elementary school and a new $100 Million OG&E office tower development. The subject property is also located in close prox-imity to the $750 million, 54 -story Devon (NYSE: DVN) Energy Tower. A new $250 million Convention Center is also scheduled in the immediate area as part of MAPS 3. Lot size based on county records, final size to be determined by updated survey.
Location Description:
Property is north of Reno and west of Walker
Highlights:
>> Heart of downtown
>> 3 blocks from Chesapeake Center
>> New convention center going up in immediate area
>> Multi use property
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Financials
Sales Info:
>> Commision split: 3.0%