1 E 5th Place

Description

RARE MIDTOWN TULSA DEVELOPMENT OPPORTUNITY 0.52 +/- ACRES WITH INCOME POTENTIAL & EXCLUSIVE EXPANSION RIGHTS! Unlock over 1.5 +/- acres of prime Midtown real estate in one of Tulsa's fastest-growing corridors! This 0.52 +/-acre parcel is being offered alongside 5504 E 5th Pl, Tulsa, OK 74112 (MLS# 2524128)a fully leased, income-producing property featuring a 3-bed, 2-bath home and a newer two-story duplex generating $4,150/month in gross rent on 0.30 +/- acres. What makes this offering truly unique is the exclusive right to purchase approximately 0.75 +/- acres of Burlington Northern Railroad Right-of-Way land, available only to the adjacent owneran unmatched development opportunity in the heart of Midtown Tulsa. Located in the historic White City/Glen Haven neighborhood, just 1.5 miles from the University of Tulsa, this parcel offers endless potential for new construction, infill development, added units, or a private compound. Enjoy walkability to Braden Park, featuring a pond, playground, splash pad, picnic area, walking path, basketball and tennis courts. You're also just 2.3 miles to Expo Square, 4 miles to Utica Square, under 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 seeking immediate income, a builder looking to develop, or simply prefer to buy and hold as Tulsa continues to growthis is the kind of opportunity you don't want to miss. Act fastlistings like this rarely hit the market in Midtown!