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723 Asp Ave 0.65 Acres of Commercial Land Offered at $4,534,400 CAD in Norman, OK 73069

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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

PROPERTY FACTS

Price $4,534,400 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Office
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Planned Unit Development
  • Restaurant
Total Lot Size 0.65 AC
No. Stories 1
Zoning CCFBC Exception - CCFBC Exception with Urban General

1 LOT AVAILABLE

Lot

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

Walk Score®
Very Walkable (89)
Bike Score®
Biker's Paradise (99)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R0038010
Land Assessment
$5,576 CAD
Improvements Assessment
$671 CAD
Total Assessment
$6,247 CAD
  • Listing ID: 38321483

  • Date on Market: 2025-11-04

  • Last Updated:

  • Address: 723 Asp Ave, Norman, OK 73069

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