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Property profile

16319 May Ave Edmond, OK 73013

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 29,394 square foot commercial lot, located at 16319 N. May Ave in Edmond, Oklahoma, presents a unique investment opportunity. Zoned C-3 as part of a Planned Unit Development (PUD), this property boasts high visibility and accessibility due to its location in an area experiencing significant growth and boasting over 20,000 daily vehicles. The lot's potential uses are diverse, including office complexes, retail spaces, restaurants, or sports shops. Its proximity to a picturesque pond allows for the possibility of a walkout basement, enhancing the appeal and functionality of any future development. The surrounding area is thriving, with established businesses such as MidFirst Bank, Muirfield Complex, Homeland, Dunkin' Donuts, McDonald's, numerous professional office complexes and strip centers, a car wash, and a 7-11, among many others. A strong residential base within a 1-5 mile radius, including multiple churches and Edmond and Deer Creek schools, ensures a substantial customer base. The asking price for this prime commercial land is $750,000. The property's 73013 zip code and Oklahoma County location further solidify its strategic position within a rapidly developing commercial corridor. This is an exceptional chance to capitalize on Edmond's robust economic growth.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

16319 May Ave Edmond, OK 73013
Edmond metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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