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    19218 Western Ave Edmond, OK 73012

    Sponsored
    For Sale
    Contact for pricing

    Prime Edmond Commercial Land - High-Income Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.867-acre commercial land parcel presents a remarkable investment opportunity in Edmond, Oklahoma. Located at 19218 N Western Ave, 73012, this hard corner lot sits directly in front of a thriving retail center, offering unparalleled visibility and accessibility. Zoned C-3, the property is ideally suited for a diverse range of commercial uses, including retail, medical facilities, and quick-service restaurants (QSR). The site's strategic location within a rapidly expanding area of Oklahoma City, Deer Creek, and Edmond, boasts exceptional demographics, with average home values exceeding $200,000. This high-income area ensures a strong customer base and significant potential for return on investment. The land is priced at $17.50 per square foot, representing a compelling value in this desirable location. Its position on the northeast corner of NW 192nd and Western Avenue, on the south side of NW 192, provides excellent exposure to high traffic volumes. The surrounding area is experiencing continuous growth, with new residential developments, apartments, and retail establishments consistently emerging, further enhancing the property's long-term prospects. This is a rare opportunity to acquire a prime commercial lot in a thriving and affluent community.

    Property Features for 19218 Western Ave

    General Information

    Property type
    Land
    Lot Size
    37,767 SF

    HighLights

    • Strong demographics.
    • Located in the rapidly growing Deer Creek/Edmond submarket of North Oklahoma City.
    • Ideal for dental or medical office use.
    • High‑income resident base.
    • Asking rent: $17.50 per square foot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Edmond
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.5317054
    Latitude
    35.6674896

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    FAQs

    What type of property is this?
    Land - Prime Edmond Commercial Land - High-Income Area
    Where is this land located?
    The property is located at 19218 Western Ave Edmond, OK.
    What are key features of this property?
    This property features: Strong demographics.; Located in the rapidly growing Deer Creek/Edmond submarket of North Oklahoma City.; Ideal for dental or medical office use.
    (405) 701-3505
    Request Owner's contact information
    19218 Western 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
    19218 Western Ave Edmond, OK 73012
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