Property Description

Opportunity to acquire 46,958 square feet (1.08 acres) of I-2 zoned industrial land located just south of NW 10th Street and Pennsylvania Avenue in northwest Oklahoma City. The property fronts a well-traveled corridor with ODOT-measured traffic counts of approximately 10,000 vehicles per day (2022) along Pennsylvania Avenue, providing consistent exposure and access. The site includes an existing cell phone tower with in-place rental income of $6,000 annually. The tower and associated fenced yard occupy roughly 1,440 square feet per the county assessor and include dedicated driveway access for maintenance vehicles. The remainder of the site, approximately one acre, remains available for additional development or income-generating improvements. Zoning and site characteristics create potential for additional revenue streams, including billboard placement and/or additional leasing opportunities, subject to permitting. The parcel's size, configuration, and exposure support a range of industrial, infrastructure, or alternative-use strategies. The property offers meaningful upside as the surrounding area continues its gradual transition, with redevelopment occurring incrementally and investment activity steadily moving west of the urban core. Its proximity to major thoroughfares positions the site for long-term appreciation.

Property Features