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    Cor Of Broadway And Covell Rd Edmond, OK 73034

    Sponsored
    For Sale
    $1,100,000

    Prime Edmond location, D-1 zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    398
    This exceptional 1.1 million dollar development site sits at the highly visible corner of Broadway and Covell Road in Edmond, Oklahoma, zip code 73034. The property is zoned D-1 - Restricted Commercial, offering a unique opportunity for developers seeking a strategic location within a thriving community. Its prime position boasts excellent visibility and accessibility, situated near Edmond North High School, ensuring high traffic volume and potential customer base. Nearby established businesses include Pizza Hut, Phillips 66, and Sonic, further enhancing the site's appeal and potential for synergy. The property's convenient proximity to I-35, Lowe's, and the Golf Club of Edmond provides easy access to major transportation routes and a wide range of amenities. A significant advantage is the availability of water and sewer services directly at the site, simplifying the development process and reducing infrastructure costs. This makes this parcel an ideal location for a variety of commercial ventures, capitalizing on the high traffic count and strong local demographics. The property's location offers a blend of convenience and visibility, making it an attractive investment for businesses seeking a prominent presence in the Edmond market. This is a rare opportunity to acquire a well-situated development site in a rapidly growing area.

    Property Features for 0 Cor Of Broadway And Covell Rd

    General Information

    Property type
    Land

    HighLights

    • Excellent visibility near Edmond North High School, Pizza Hut, Phillips 66, and Sonic.
    • Convenient access to I‑35, Lowe's, and the Golf Club of Edmond.
    • Water and sewer utilities available on‑site.
    • D‑1 Restricted Commercial zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Edmond
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.4165053
    Latitude
    35.7085641

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    FAQs

    What type of property is this?
    Land - Prime Edmond location, D-1 zoning.
    Where is this land located?
    The property is located at Cor Of Broadway And Covell Rd Edmond, OK.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: Excellent visibility near Edmond North High School, Pizza Hut, Phillips 66, and Sonic.; Convenient access to I-35, Lowe's, and the Golf Club of Edmond.; Water and sewer utilities available on-site.
    Request Owner's contact information
    Cor Of Broadway And Covell Rd Edmond, OK 73034
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    Edmond, OK 73034
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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
    Cor Of Broadway And Covell Rd Edmond, OK 73034
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