Covell Village Dr Edmond, OK 73003
This exceptional 2.04-acre commercial property presents a rare opportunity in Edmond, Oklahoma's thriving Covell Village area. Ideally situated near established businesses such as Hunny Bunny Biscuit Company and Covell Village Office Park, this E-2 zoned lot offers unparalleled visibility and accessibility. The flat, build-ready land boasts existing water, electric, and sewer infrastructure, significantly reducing development costs and timelines. Its prime location ensures high traffic volume, benefiting from proximity to popular destinations including Uptown Grocery, Garage Burgers, Pepperoni Grill, Crossings Community Church, Mitch Park, and Liv Medical Spa. The property's strategic placement near Lowe's further enhances its appeal and accessibility. Given the limited availability of commercial land in this highly sought-after area, this property represents a unique investment opportunity with diverse development potential. The flat terrain and existing utilities make it an ideal site for a variety of commercial ventures, capitalizing on the strong local economy and high consumer traffic. Don't miss this chance to secure a prominent location in Edmond's vibrant commercial landscape. The asking price is $1,287,000.
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.