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    May Ave Edmond, OK 73012

    For Sale
    Contact for pricing

    13 Acres, 6 Pad Sites, High Growth

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 13-acre land parcel presents a prime investment opportunity in Edmond, Oklahoma. Located at the intersection of NW 192nd and N. May Ave, this property boasts excellent frontage and visibility, situated within a larger master-planned development. The site is zoned PUD and offers six individual pad sites, each ranging from 0.734 to 1.00 acres, perfectly suited for retail or office development. Utilities are readily available on-site, simplifying the construction process. The area is experiencing rapid growth, supported by strong demographics and multiple access points throughout the development. Further enhancing its appeal, planned multi-family construction is underway on the north side, creating a synergistic environment. The property's strategic location, just one mile from the major north-south corridor of Highway 74, ensures exceptional accessibility and high traffic volume. The land value ranges from $15 to $22 per square foot, representing a compelling investment proposition in a thriving market. This is an unparalleled chance to capitalize on Edmond's robust economic expansion and secure a prominent position in a dynamic commercial landscape. The property's size and configuration offer significant flexibility for a variety of development scenarios, making it an ideal choice for both individual and large-scale projects. Contact us today to learn more about this exceptional opportunity.

    Property Features for 0 May Ave

    General Information

    Property type
    Land
    Lot Size
    566,280 SF

    HighLights

    • High‑visibility frontage on N May Ave and NW 192nd St.
    • Strong growth potential in a rapidly developing area.
    • Desirable demographics.
    • Convenient multi‑point access.
    • Adjacent planned multi‑family development.
    • One mile from Hwy 74.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Edmond
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.5671495
    Latitude
    35.6676848

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    FAQs

    What type of property is this?
    Land - 13 Acres, 6 Pad Sites, High Growth
    Where is this land located?
    The property is located at May Ave Edmond, OK.
    What are key features of this property?
    This property features: High-visibility frontage on N May Ave and NW 192nd St.; Strong growth potential in a rapidly developing area.; Desirable demographics.
    (405) 701-3505
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    May Ave 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
    May Ave Edmond, OK 73012
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