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    150th & May Okc Ok 73134 Edmond, OK 73013

    For Sale
    $5,989,500

    Prime 10-acre lot, flexible options.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional commercial land offering presents a unique investment opportunity in Edmond, Oklahoma. Situated at the northwest corner of 150th and May Avenue, this property encompasses approximately 10 to 11.85 acres of undeveloped land zoned for Planned Unit Development/Commercial use. The asking price is $5,989,500, translating to approximately $13.75 per square foot for the larger parcel. This expansive lot provides significant potential for a variety of commercial developments, capitalizing on its strategic location and high visibility. For developers seeking a smaller footprint, a separate 1.85-acre parcel is also available, boasting desirable frontage along May Avenue and priced at $15 per square foot. Both parcels are located within the 73013 zip code, offering easy access to major thoroughfares and a thriving community. Detailed site diagrams are available upon request, providing comprehensive information on lot dimensions and potential development configurations. This is an exceptional chance to acquire a substantial commercial land holding in a rapidly growing area of Oklahoma City. The property's prime location and flexible options make it an attractive investment for both large-scale and smaller-scale commercial ventures. Don't miss this opportunity to secure a piece of Edmond's vibrant commercial landscape.

    Property Features for 150th & May Okc Ok 73134

    General Information

    Property type
    Land
    Lot Size
    435,600 SF

    HighLights

    • 10‑acre (MOL) undeveloped lot near NW 150th and May Ave, Oklahoma City; $13.75/sqft.
    • 1.85‑acre (MOL) plot available with May Avenue frontage; $15/sqft.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Edmond
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.537543
    Latitude
    35.6246029

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    FAQs

    What type of property is this?
    Land - Prime 10-acre lot, flexible options.
    Where is this land located?
    The property is located at 150th & May Okc Ok 73134 Edmond, OK.
    What is the asking price?
    The asking price for this property is $5,989,500.
    What are key features of this property?
    This property features: 10-acre (MOL) undeveloped lot near NW 150th and May Ave, Oklahoma City; $13.75/sqft.; 1.85-acre (MOL) plot available with May Avenue frontage; $15/sqft.;
    (405) 209-3992
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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
    150th & May Okc Ok 73134 Edmond, OK 73013
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