Discover a rare opportunity to own nearly 9 acres of picturesque land in the heart of Norman, ideally situated on W Franklin Rd near 24th Ave NW (and right across the street from Churchill Downs Rd). This expansive property, currently zoned for agriculture, offers a tranquil retreat with endless possibilities for development or private estate living. Nestled amidst the natural beauty of Norman's landscape, this parcel boasts wide-open spaces and is surrounded by mature trees, providing privacy and a peaceful ambiance. The terrain is gently rolling, offering potential for various land uses including farming, ranching, or even future residential development (subject to zoning regulations). Notably, NextEra Energy's ongoing project to install a transmission tower on the property underscores the area's growth potential. Scheduled for completion within the next month or so, this infrastructure enhancement promises improved utility access and potential future value appreciation for the property. Whether you're looking to build your dream home surrounded by nature's tranquility or seeking an investment opportunity in a rapidly developing area, this parcel on W Franklin Rd presents a rare chance to secure a substantial piece of land in Norman. Don't miss out on this unique offering—schedule your viewing today and envision the possibilities that await! Seller is willing to owner finance with acceptable offer.
Directions: From Flood Ave, turn east on Franklin Rd. Continue on Franklin until a bit past 24th Ave NW and it's directly across the street from Churchill Downs Rd.
Price Information
Listing Price Info
Price Summary:
List Price: $386,935
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Schools
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The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
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Nearby Schools
9
/10
Timber Creek Elementary School
3501 S Sunnylane Rd
Distance between this listing and this school2.38 miles
Public District Grades PK-6
9
/10
Broadmoore Elementary School
3401 S Broadway St
Distance between this listing and this school2.65 miles
Public District Grades PK-6
8
/10
Eisenhower Elementary School
1415 Fairlawn Dr
Distance between this listing and this school2.84 miles
Public District Grades PK-5
Nearby Schools
6
/10
Longfellow Middle School
215 N Ponca Ave
Distance between this listing and this school3.29 miles
Public District Grades 6-8
4
/10
Alcott Middle School
1919 W Boyd St
Distance between this listing and this school4.16 miles
Public District Grades 6-8
6
/10
Highland East Junior High School
1200 SE 4th St
Distance between this listing and this school4.40 miles
Public District Grades 7-8
Nearby Schools
8
/10
Norman North High School
1809 Stubbeman Ave
Distance between this listing and this school2.09 miles
Public District Grades 9-12
6
/10
Norman High School
911 W Main St
Distance between this listing and this school3.55 miles
Public District Grades 9-12
8
/10
Southmoore High School
2901 S Santa Fe Ave
Distance between this listing and this school4.48 miles
The neighbors living near this home have an average income of $78,865. Residents of Norman, OK typically earn between $35k-100k each year. Typical family type is married, with kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Living In Norman, OK
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What type of housing is available in Norman, OK?
The housing landscape in Norman, Oklahoma, is characterized by a mix of architectural styles, with single-family homes being the most prevalent. These homes often feature traditional and ranch-style designs, reflecting the region's historical roots and contemporary preferences. The market also includes a selection of apartments and townhouses, providing options for various lifestyles and family sizes. The construction of homes in Norman spans several decades, with a notable number of properties built in the latter half of the 20th century.
Is Norman, OK a good place to live?
Norman prides itself on being a vibrant community with a strong sense of local culture and history. It is celebrated for its annual events, such as the Norman Music Festival and the Medieval Fair, which draw visitors from across the state and contribute to the city's lively atmosphere. The community's character is further defined by its commitment to the arts, education, and sports, largely influenced by the presence of the University of Oklahoma.
Are things conveniently located in Norman, OK?
Norman offers a comprehensive array of services to its residents. The educational system includes numerous public and private schools, catering to the needs of families and emphasizing academic excellence. Healthcare is well-supported with several hospitals and clinics providing a range of services from primary care to specialized treatments. The city also features a robust public library system and a variety of retail and dining options that showcase local flavors and craftsmanship. City initiatives are continually in place to adapt and improve these services to meet the evolving needs of the community.
What does the transportation in Norman, OK look like?
Transportation in Norman is facilitated by a network of roads and highways, including State Highway 9 and Interstate 35, which provide convenient access for commuting and travel. Public transit options are available, with bus services connecting key areas of the city. The community is increasingly focusing on enhancing walkability and bikeability, particularly around the university and downtown areas. Ride-sharing services are also operational in Norman, complementing the existing transportation infrastructure.
Frequently Asked Questions About W Franklin Rd
What is the listing price of this property?
The listing price of W Franklin Rd property is $386,935.
What type of property is this?
The property W Franklin Rd is land located in Norman, Oklahoma, 73069.
Is this property for sale now?
Active Listing: W Franklin Rd is For Sale (Active/New) which means the seller is accepting offers.
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This home is located at W Franklin Rd in Norman, OK and zip code 73069. This home sits on a 9.00 acre lot. It has been listed on Rocket Homes since June 24, 2024 and is currently priced at $386,935.
Over 11 listings were sold over their listed price in October 2024 in Norman, OK. In the same period over 75 listings were sold below the listed price and 24 listings were sold for the listed price. The number of listings in Norman, OK increased by 2.5% between September 2024 and October 2024. The median list price of listings available in October 2024 was $274,991, while the average time on the real estate market was 45 days.
From Rocket Homes Real Estate and based on county public records data.
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