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    178th St & Portland Ave Edmond, OK 73012

    Sponsored
    For Lease
    Contact for pricing

    8.19 Acres, High-Traffic Location

    Lot size:
    1 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 8.19-acre commercial land parcel presents a prime retail investment opportunity in Edmond, Oklahoma. Located at the southeast corner of NW 178th Street and Portland Avenue, this site boasts unparalleled visibility and accessibility. The property is situated at a significant gateway to thriving residential and commercial areas, benefiting from high traffic counts due to its strategic location. NW 178th Street, a four-lane east-west thoroughfare, provides convenient access to major arteries like I-44 and Highway 77. Similarly, Portland Avenue, a four-lane north-south road, also connects to I-44, ensuring excellent connectivity for customers and employees. This location offers significant potential for retail development, catering to a substantial population base. Within a five-mile radius, the property serves a population of 132,720 residents, boasting a high average household income of $122,229, indicating strong consumer purchasing power. The property is zoned for commercial use (verification required) and offers multiple tenancy possibilities, making it ideal for a variety of retail concepts. This is a rare opportunity to acquire a large, well-positioned parcel in a rapidly growing area of Oklahoma City. The site's size and location make it an attractive proposition for developers seeking to capitalize on the area's robust demographics and convenient access to major transportation routes. The property is located in Oklahoma County, with a zip code of 73012.

    Property Features for 178th St & Portland Ave

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1 SF

    Unit(s) available at that property

    Space
    Pad Site
    Size
    1 SF

    HighLights

    • 8,190 SF Available (Divisible)
    • Portland Avenue & NW 178th Street Access
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Edmond
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.5845511
    Latitude
    35.6530349

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    FAQs

    What type of property is this?
    Land - 8.19 Acres, High-Traffic Location
    Where is this land located?
    The property is located at 178th St & Portland Ave Edmond, OK.
    What are key features of this property?
    This property features: 8,190 SF Available (Divisible); Portland Avenue & NW 178th Street Access;
    Request Owner's contact information
    178th St & Portland Ave Edmond, OK 73012
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    Edmond, OK 73012
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    178th St & Portland Ave Edmond, OK 73012
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