Current Use by Public Records
- Land
Property Details for 411 Covell Rd
- Lot size
- 1.20 lot acres
- Property type
- Land
Description
This exceptional commercial land offering presents a unique investment opportunity in Edmond, Oklahoma. Situated on the northeast corner of Broadway and Covell Road, this property comprises three separate tracts totaling between 1.2 and 2.3 acres. The asking price is $2,917,879, with land value ranging from $8 to $21 per square foot. The location benefits from high visibility and accessibility, being situated near Edmond North High School, Pizza Hut, Phillips 66, and Sonic. Its proximity to I-35, Lowe's, and the Golf Club of Edmond further enhances its appeal. The City of Edmond has recently completed improvements to this intersection, including plans to widen Covell Road to a four-lane divided roadway, complete with left-turn lanes, street lighting, multi-use/bike paths, and landscaping. Covell Road is rapidly becoming a major east-west thoroughfare in Edmond, and this location is strategically positioned at one of two intersections on Covell and Broadway unimpeded by north-south train lines. Water access is available on Covell Road, and sewer lines are located approximately 300 feet east of the property. This property is ideal for a variety of commercial developments, capitalizing on its prime location and the ongoing infrastructure improvements in the area.
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
- -97.4743
- Latitude
- 35.6825
