Prime Commercial Development Opportunity

This property lies within Shawnee’s fastest-growing retail and dining corridor. This 15-acre tract on West 45th Street is shovel-ready and ideally positioned just west of Shawnee Marketplace and the approved site for The Home Depot, separated only by a narrow strip of land. The location is anchored by national brands such as Hobby Lobby, Burlington, T.J. Maxx, Ulta, Five Below, Aldi, and PetSmart, with additional specialty retailers, restaurants, and service tenants ensuring consistent regional draw.

Zoned C-2 Regional Commercial, the site supports medium to large-scale retail, office, and service uses. Public water, sewer, electric, and natural gas are available nearby or across 45th Street, creating a development-ready site for large-scale commercial use. The 45th Street widening project, with right-of-way acquisition underway and construction anticipated in 2026, will expand the corridor to four lanes, which improves visibility and connectivity.

Located within a federally designated Opportunity Zone, this tract offers potential tax benefits for qualified investors. Competitively priced in line with recent Shawnee commercial corridor sales, this site is one of the few large-acre development opportunities in a proven, high-traffic location with immediate access to Kickapoo Avenue and Interstate 40. Shawnee serves as the principal city of its own Micropolitan Statistical Area and is part of the Oklahoma City–Shawnee Combined Statistical Area (CSA), offering regional visibility, workforce strength, and connectivity within the greater Oklahoma City economic region. This is a rare chance to secure frontage in the city’s most dynamic growth corridor, often called the Kickapoo dining and shopping corridor.

Quick Facts

  • Size: 15± acres
  • Price: $1,500,000
  • Zoning: C-2 Regional Commercial (supports medium to large-scale retail, service, entertainment, and office uses that serve a regional market; associated with high traffic counts)
  • Typical C-2 dimensional standards: 20’ front yard minimum, 0’ side yard minimum, 10’ rear yard minimum, 45’ max building height. See UDC Table II.7 for full details.
  • Utilities: Public water, sewer, electric, and natural gas available nearby or across 45th Street
  • Roadway improvements: 45th Street planned to widen to four lanes, construction beginning 2026
  • Access: Immediate access to Kickapoo Ave and I-40
  • Opportunity Zone: Yes. Consult your tax advisor for eligibility and timelines
  • Surrounding anchors: Shawnee Marketplace, Hobby Lobby, Burlington, T.J. Maxx, Ulta, Five Below, Aldi, PetSmart, and The Home Depot under construction

Why C-2 Regional Commercial Here

The C-2 district is intended for regional-scale commercial development, including big box and anchor retailers and intensive shopping centers. It is auto-oriented and designed for high traffic counts, which fits the continued growth along West 45th and Kickapoo.

In the City’s long-range planning, this area functions as part of the higher-intensity commercial network with arterial connectivity. The plan’s framework mapping identifies 45th Street and Kickapoo among key corridors that guide future development and street connectivity.

Traffic & Trade Area Map

Explore the interactive map for traffic count reference points and the site location.

Development Highlights

  • Shovel-ready setting with utilities nearby or across 45th Street
  • Four-lane 45th Street construction underway to improve access and visibility
  • Regional trade area draw from national anchors and daily-needs retailers
  • Opportunity Zone for potential deferral and basis step-up benefits for qualified investments
  • Regional workforce reach through the Oklahoma City–Shawnee Combined Statistical Area (CSA)

Zoning Snapshot and Standards

The C-2 district is intended for regional-scale commercial development, including big box and anchor retailers and intensive shopping centers. It is auto-oriented and designed for high traffic counts, which fits the continued growth along West 45th and Kickapoo.

In the City’s long-range planning, this area functions as part of the higher-intensity commercial network with arterial connectivity. The plan’s framework mapping identifies 45th Street and Kickapoo among key corridors that guide future development and street connectivity.

Surrounding Retailers and Services

  • Shawnee Marketplace
  • The Home Depot (under construction)
  • Hobby Lobby
  • T.J. Maxx
  • PetSmart
  • Burlington
  • Five Below
  • Ulta Beauty
  • Maurices
  • Aldi
  • Jersey Mike’s Subs
  • Wingstop
  • Chick-Fil-A
  • Starbucks
  • McDonald’s
  • Lowe’s
  • McAllister’s
  • CVS Pharmacy
  • Rib Crib
  • O’Reilly Auto Parts

Next Steps for Investors

1

Request the full information packet

2

Confirm utility service points and capacity for your intended use

3

Review Opportunity Zone timelines and compliance with a qualified tax professional

The property sits within a confirmed Qualified Opportunity Zone, census tract 40125501001, designated in 2018 under the Tax Cuts and Jobs Act. That’s not a marketing claim; it’s verifiable on the U.S. Treasury’s published tract list.

4

Coordinate a site visit or pre-application discussion

Listed by Steve Reese
NextHome Central Real Estate
Each office is independently owned and operated.
Information deemed reliable but not guaranteed. Buyer to verify all information important to the decision to purchase, including zoning compliance for intended use, utility availability and capacity, and any development standards that may apply.

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