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    Memorial Rd Oklahoma City, OK 73013

    For Lease
    Contact for pricing

    4.25 Acres, High Traffic Location

    Lot size:
    185,130 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 4.25-acre commercial land parcel presents a prime investment opportunity in Edmond, Oklahoma. Located on West Memorial Road, the property boasts excellent visibility and accessibility due to its frontage on two major thoroughfares, providing unparalleled exposure to a substantial customer base traveling between Edmond, Oklahoma City, Quail Springs, and Chisholm Creek. The site is zoned C-3 and I-2, allowing for a diverse range of commercial and retail developments, including convenience stores, service retail, and warehouse facilities. The expansive lot size offers ample space for a substantial build-to-suit project or a ground lease arrangement, catering to the specific needs of a prospective tenant or developer. This strategic location within a thriving suburban area ensures high traffic volume and strong potential for business growth. The property's address is in Edmond, Oklahoma, zip code 73013. This is a single-tenancy property with no existing buildings. The opportunity is ideal for businesses seeking high visibility and convenient access to major transportation arteries. The flexible zoning allows for a variety of development options, making it an attractive proposition for a wide range of commercial enterprises. This is a rare opportunity to acquire a significant land parcel in a rapidly growing area.

    Property Features for 0 Memorial Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    185,130 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    185,130 SF

    HighLights

    • 4.25‑acre commercial/light industrial land parcel in Edmond, OK.
    • Hard corner lot at West Memorial Ave. and North Santa Fe Ave., offering high visibility.
    • Located on major traffic corridors connecting Edmond, Oklahoma City, Quail Springs, and Chisholm Creek.
    • Zoned C‑3 and I‑2, allowing for diverse commercial and retail development.
    • Excellent opportunity for build‑to‑suit or ground lease.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Oklahoma City
    County
    Cleveland
    State
    Oklahoma
    Longitude
    -97.513856038487
    Latitude
    35.609183507915

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    FAQs

    What type of property is this?
    Land - 4.25 Acres, High Traffic Location
    Where is this land located?
    The property is located at Memorial Rd Oklahoma City, OK.
    What are key features of this property?
    This property features: 4.25-acre commercial/light industrial land parcel in Edmond, OK.; Hard corner lot at West Memorial Ave. and North Santa Fe Ave., offering high visibility.; Located on major traffic corridors connecting Edmond, Oklahoma City, Quail Springs, and Chisholm Creek.
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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
    Memorial Rd Oklahoma City, OK 73013
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