Current Use by Public Records
- Land
Property Details for 0 Covell Rd & Coltrane Rd
- Lot size
- 9.67 lot acres
- Property type
- Land
Description
This exceptional 9.67-acre commercial land parcel presents a remarkable investment opportunity in Edmond, Oklahoma. Strategically located at the northwest corner of Covell Road and Coltrane Road, this property boasts a highly visible hard corner location with significant traffic flow. The land is zoned E-2 Open Display Commercial, allowing for a wide range of development possibilities, including retail and restaurant uses. Its prime location is further enhanced by the presence of multiple new retail and restaurant developments within a one-mile radius to the east, indicating a thriving and expanding commercial area. The property's size and zoning make it ideal for a large-scale development project or a smaller, strategically placed business. The absence of a nearby fueling station presents a unique opportunity to serve a currently underserved market segment. This exceptional property offers significant potential for substantial returns and is ready for immediate development. The property's address is Covell Road & Coltrane Road, Edmond, OK 73034. The asking price is $3,800,000.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Edmond
- County
- Oklahoma
- State
- Oklahoma
- Longitude
- -97.4427
- Latitude
- 35.6817
