SoSA District

[One Dot Less Than Nine]

MidCenturyModOKC....no problem, my comment was "tongue in cheek" and I didnt take any of it personally.

[Pete]

Lot for sale in SOSA by owner...

809 NW 7th; asking $175K (house has been demolished):

[Bellaboo]

Looks like it could be OKCTalker Dennis Wells selling......

[Teo9969]

$175k for an empty lot, or $17.5k for an empty lot?

[Pete]

$175,000.00.

[mkjeeves]

$175,000.00.

I didn't know there was a beach on 7th street.

[kevinpate]

There must be. Rumor has it anytime someone hears the ask price they are so impressed with the beach area, they comment on it.

[soonerguru]

That is f-ing ridiculous. Makes me regret not buying ANYTHING in the area the last few years.

[Teo9969]

Is it a bigger lot than normal?

If they get $175k for that…good on 'em.

I feel like I've seen empty lots in that area for $50k in the last 3 years. I could see $100k…maybe even $125k…but $175k seems way high.

[Plutonic Panda]

That is f-ing ridiculous. Makes me regret not buying ANYTHING in the area the last few years.

Make sure you get all the "f-ing ridiculous and hideous"(s) out of you before the rendering for the Stage Center is announced

[lasomeday]

LOL, yeah, I don't even think lots in Gaillardia sold for that much and those lots were bigger. That is hilarious! He needs to get a reality check! This is borderline ghetto and he is in OKC!

[CuatrodeMayo]

dwellsOKC is a poster here. Maybe he could shed some light on this.

[Pete]

It's a typically sized .16 acre lot.

The owner paid about $68,000 for the old house and had it demolished.


As with any other property, the market will dictate the value and it will be interesting to see what this sells for.


Remember that this stretch of 7th has quite a few new properties and this is on the north side on a bit of a hill, with great skyline views. That is as close to a beach as OKC will ever get.

[Rover]

LOL, yeah, I don't even think lots in Gaillardia sold for that much and those lots were bigger. That is hilarious! He needs to get a reality check! This is borderline ghetto and he is in OKC!

Or, you can go to Nichols Hills and pay $500-750,000 for a lot.

[Pete]

That is f-ing ridiculous. Makes me regret not buying ANYTHING in the area the last few years.

Buy in Jefferson Park / Paseo now otherwise you will have the same regret in a few years.

[Pete]

A quick review of recent transactions near this 7th street lot shows that similar lots / tear-downs have sold for about $80,000 to $110,000.

[mkjeeves]

Behold: Gentrification

Dennis played a role in helping redevelop and promote the area. I hope he gets what he's asking.

[dwellsokc]

dwellsOKC is a poster here. Maybe he could shed some light on this.

Both adjacent lots sold for more than $100k. This is a prime SoSA location. The houses being designed on this stretch of 7th Street are costing MORE than $200/sf to build... $175k for the lot could be considered a bargain to someone that can afford to build a $250/sf house (not me!). Admittedly, I'm testing the market by asking 175. It may sell for less than that, but I'm sure it'll be a lot more than 100. SoSA has turned the corner...

[metro]

Dennis, noticed you sold your house in SoSA. Will you be making a reappearance soon?

[DammitDan]

I drove past this on NW 7th & Dewey today, and don't remember seeing any mention of it. Anyone have any info?

[Pete]

The City is set to spend about $700,000 in TIF money to rebuild seven alleys in the SoSa district.

You can see by the examples below, most are little more than dirt roads these days:

[Pete]

The lot at 809 NW 7th that was listed at $175K just sold for $140K. That's for .16 acres.

Who would have ever thought this even a few years ago??

[Garin]

I drove past this on NW 7th & Dewey today, and don't remember seeing any mention of it. Anyone have any info?

The owner is a fireman moving from Tuttle. His grandma ,his mom and dad, and he and his wife.

[Pete]

I drove past this on NW 7th & Dewey today, and don't remember seeing any mention of it. Anyone have any info?

523 NW 7th - OKCTalk

[metro]

I'm glad they're rebuilding the alley's, but why does City of OKC ALWAYS skip over helping out Classen Glen Downtown's first and an established condo community? It boggles me they won't help improve sidewalks, street lighting, or now the alleyways? This is a concentration of 48 condo units that are ALREADY occupied versus just priming the pump to develop these vacant or neglected house lots, that are most likely to be occupied by single owner tenants.