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1 East 5th Place

Tulsa OK 74112

22436 sq. ft.
Land
Currently for sale - view listing

Overview

INVESTOR & BUILDER OPPORTUNITY IN MIDTOWN—0.52 +/- ACRES WITH INCOME POTENTIAL AND EXCLUSIVE EXPANSION RIGHTS. A unique chance to secure prime Midtown real estate in one of Tulsa’s most active growth corridors. This 0.52 +/- acre tract is offered alongside 5504 E 5th Pl, Tulsa, OK 74112 (MLS# 2532685)—an income-producing property featuring a leased 3-bed, 2-bath home and newer two-story duplex generating $4,150/month on 0.30 +/- acres. What sets this offering apart is the exclusive ability for the adjacent owner to acquire approximately 0.75 +/- acres of Burlington Northern Railroad Right-of-Way land, creating a combined footprint of more than 1.5 acres for development. Options include new construction, infill housing, additional rental units, or creating a private compound, all in the heart of Midtown. Located in the historic White City/Glen Haven neighborhood just 1.5 miles from the University of Tulsa, the property is walkable to Braden Park with its pond, playground, splash pad, picnic space, walking trail, basketball courts, and tennis courts. Only 2.3 miles to Expo Square, 4 miles to Utica Square, less than 5 miles to Downtown Tulsa, ONEOK Field, Cox Business Center, and the BOK Center, and 7 miles to The Gathering Place. Whether you’re an investor, builder, or buyer looking to hold a rare land position in Midtown, this is an opportunity that doesn’t come along often. Listings like this rarely hit the market in Midtown. Schedule a private showing today!

Features

22436 sq. ft. lot size
Land

Happy sellers in Tulsa

100%
100% of sellers in Tulsa reported that their sale price either exceeded or met their price expectations.

Tulsa stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Tulsa over the last 12 months.

Local market activity for land plots in Tulsa

In the last 12 months, 2 land plots similar to 1 East 5th Place, have been sold.

This represents a 67% increase in land plots sales when compared to the previous 12 months.

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