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Property profile & analytics
OFF-MARKET
Land

2nd St And Coltrane Rd Edmond, OK 73034

2.71 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.71-acre commercial land parcel presents a unique investment opportunity in Edmond, Oklahoma. Strategically located near the intersection of 2nd Street and Coltrane Road, this property boasts unparalleled access to Interstate 35, ensuring high visibility and convenient access for businesses and customers. The asking price is $1,180,000, translating to a land value of $10 per square foot. The site's potential is further enhanced by its proximity to planned developments, including the 62-acre Uncommon Ground Sculpture Park (pending finalization). This presents a chance to capitalize on the anticipated growth and increased foot traffic in the area. The property's configuration allows for flexible development options, potentially incorporating retail spaces along the frontage and office spaces towards the southern portion. The surrounding area showcases recent commercial construction, including 711, Old School Bagel, and Just Kids Pediatrics, indicating a thriving and expanding commercial landscape. Furthermore, the nearby Shops on 2nd Street, less than a mile away, feature established businesses such as Pub W, Dave's Hot Chicken, and Neighborhood JAM, demonstrating the area's strong retail appeal and potential for synergistic development. This property offers a compelling blend of location, size, and development potential, making it an ideal investment for discerning buyers seeking a prime commercial land opportunity in Edmond, Oklahoma, zip code 73034.

Property profile
Verified
Property type Land
Lot 2.71 ac (118,048 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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