0 Nwc Of I-35 & Covell Rd Edmond, OK 73034
This exceptional 107-acre retail opportunity is located at the Northwest corner of I-35 and Covell Road in Edmond, Oklahoma, zip code 73034. The property is part of a newly developed mixed-use strip center, currently featuring a highly successful ShowBiz Cinemas that receives 463,000 annual visits. This prime location boasts significant daily traffic volume of 65,300 vehicles on I-35, ensuring high visibility and accessibility for businesses. The site offers one available suite within a larger development. Surrounding the property are established retailers including Crest Foods, McDonald's, Braum's, Qdoba, and Starbucks, indicating a strong existing retail presence and consumer base. The area is characterized by affluent neighborhoods, with average household incomes exceeding $168,000 within a one-mile radius, presenting a lucrative market for businesses. This property presents a unique opportunity to capitalize on the growth and high traffic count in this thriving Edmond location. The land size is 107 acres, providing ample space for development and expansion. This is a rare opportunity to establish a business in a high-demand area with excellent visibility and strong demographics.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.