Log In/Sign Up
Your email has been sent.
723 Asp Ave 0.65 Acres of Commercial Land Offered at $4,534,400 CAD in Norman, OK 73069



INVESTMENT HIGHLIGHTS
- Heart of Campus Corner at the University of Oklahoma
EXECUTIVE SUMMARY
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
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
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $4,534,400 CAD | Lot Size | 0.65 AC |
| Price Per AC | $6,976,000.07 CAD |
| Price | $4,534,400 CAD |
| Price Per AC | $6,976,000.07 CAD |
| Lot Size | 0.65 AC |
28,500 Sq Ft Land across 4 parcels
1 1
Walk Score®
Very Walkable (89)
Bike Score®
Biker's Paradise (99)
PROPERTY TAXES
| Parcel Number | R0038010 | Improvements Assessment | $671 CAD |
| Land Assessment | $5,576 CAD | Total Assessment | $6,247 CAD |
PROPERTY TAXES
Parcel Number
R0038010
Land Assessment
$5,576 CAD
Improvements Assessment
$671 CAD
Total Assessment
$6,247 CAD
1 of 12
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Coltrane Real Estate, LLC
723 Asp Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
