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    2nd St Edmond, OK 73003

    For Sale
    $3,000,000

    Prime Edmond development land, ideal for mixed-use projects.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 40-acre commercial land parcel presents a compelling investment opportunity in Edmond, Oklahoma. While the total acreage is 40 acres, 20 acres are usable for development. This versatile property is strategically positioned for residential, office, and retail development, offering significant potential for substantial returns. The asking price is $3,000,000, translating to a price per square foot ranging from $1.72 to $3.44, based on the usable 20 acres. Its prime location near Interstate 35 ensures excellent accessibility and visibility. The property enjoys proximity to the University of Central Oklahoma (within 3 miles), the burgeoning Bradbury Station retail development, and three major hospitals: Mercy Hospital, Integris Hospital, and OU Medical Center Edmond. Adding to its appeal, six hotels—Holiday Inn Express, Fairfield by Marriott, La Quinta, Hampton Inn, and Home 2—are located directly across from the site. This combination of factors makes this land a highly attractive proposition for developers seeking a strategic location with strong infrastructure and high growth potential within a thriving community. The property is located in Oklahoma County, Edmond, OK 73003.

    Property Features for 2nd St

    General Information

    Property type
    Land
    Lot Size
    871,200 SF

    HighLights

    • $3,000,000 asking price for 40 acres of commercial land, with 20 acres usable.
    • Land value: $1.72 - $3.44/SF based on usable acreage.
    • Located in Edmond, OK, near I‑35 and the University of Central Oklahoma.
    • Suitable for residential, office, and retail development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Edmond
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.4900826
    Latitude
    35.6537446

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    FAQs

    What type of property is this?
    Land - Prime Edmond development land, ideal for mixed-use projects.
    Where is this land located?
    The property is located at 2nd St Edmond, OK.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: $3,000,000 asking price for 40 acres of commercial land, with 20 acres usable.; Land value: $1.72 - $3.44/SF based on usable acreage.; Located in Edmond, OK, near I-35 and the University of Central Oklahoma.
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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
    2nd St Edmond, OK 73003
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