16533 May Ave Edmond, OK 73012
Rose Creek Plaza, located at 16533 N May Ave, Edmond, OK 73012, presents a unique investment opportunity. This mixed-use development in Oklahoma County boasts a total of 220,000 square feet, currently featuring 150,000 square feet of vacant space across multiple buildings. The property sits on a substantial 27-acre lot and includes two buildings, offering a total of 1,205 parking spaces. Built in 2023, the property is ideally situated on the northwest corner of NW 164th Street and N May Avenue, providing high visibility at a prominent intersection. The development is designed to be a premier destination, combining high-end retail, dining, and service options. Three office buildings offer stunning lake and golf course views, making them particularly attractive for businesses seeking a prestigious location. The property's strategic location on the cusp of Oklahoma City and Edmond, a rapidly growing affluent suburb, ensures high traffic and visibility. Homeland Grocers is slated to open by Thanksgiving of this year, with additional retail and restaurant spaces opening soon after. This property is perfect for businesses seeking a high-profile location in a thriving community. The property type is categorized as Retail, Office, with subtypes including Traditional Office and Medical Office. The tenancy is single.
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Homeland Stores Grocery & Convenience Store Food Market
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Rose Creek Plaza Shopping Center & Mall
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.