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11411 N Kelley Ave - Silverhorn

169 Acres of Agricultural Land Offered at $17,000,000 in Oklahoma City, OK 73131

Executive Summary

Prime Investment Opportunity

Property Facts

Price $17,000,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Agricultural
Total Lot Size 169.00 AC

1 Lot Available

Lot

Price $17,000,000
Price Per AC $100,592
Lot Size 169.00 AC

Description

This is an INCREDIBLE opportunity to develop a highly prized - REVENUE GENERATING - commercial property centrally located in Oklahoma City. This former natural and native-landscaped golf course includes 169 acres MOL (113 acres zoned Agriculture, 50 acres zoned R-1, 5.79 acres zoned C-3.) bordered by Hefner Road to the South, Kelley Avenue to the East & NE 122nd Street to the North. Centrally located, this property offers easy access to I-35, I-235 & the Kilpatrick Turnpike and just minutes from I-44 and I-40. Surrounded by sewer, electrical & water lines - and an extensive indoor and outdoor live-monitored security system - this property is ready for continued development. This property also includes two (2) state-of-the-art 9,000 square feet climate-controlled industrial warehouses located on 11.95 acres at 501 E. Hefner Road. Each building comes with 1500-amp electrical service, eight (8) Trane 10-ton heat pumps, four (4) Trane 6-ton A/C units and two (2) Trane 3-ton units. Each building also has a Vortex emergency charcoal air filtration system and 3" vinyl back insulation for the roof and walls. There is room in this area to build more buildings if desired. Sellers will provide the buyer with the approved construction plans for potential expansion as part of the sale. Both buildings are under lease generating $40,000 a month - $480,000 annually - in revenue. Combined annual daily traffic count over 17,000. SELLER FINANCING AVAILABLE TO QUALIFIED BUYERS WITH $3,000,000 DOWN AT 4% INTEREST RATE WITH BALLOON ON 5TH YEAR.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 168513555
  • 168513575
Land Assessment
$257,738
Improvements Assessment
$199,471
Total Assessment
$457,209

zoning

Zoning Code AA / R-1 (169 acres MOL with 119 acres zoned Agriculture, 50 acres zoned R-1, 5.79 acres zoned C-3.)
AA / R-1 (169 acres MOL with 119 acres zoned Agriculture, 50 acres zoned R-1, 5.79 acres zoned C-3.)
  • Listing ID: 31841324

  • Date on Market: 5/17/2024

  • Last Updated:

  • Address: 11411 N Kelley Ave, Oklahoma City, OK 73131

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