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    Property profile & analytics

    1380 Covell Rd Edmond, OK 73003-3576

    • Strip malls
    • 17,243 SF
    • 1.74 lot acres
    OFF-MARKET
    Value Estimation
    $6,105,000
    Last Sale
    Mar 28, 2023
    $5,760,000
    Location Intelligence
    Property ID
    US69-1184350
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Pie Five Pizza / Family Restaurant / Gluten-Free Restaurant
    • All About Cha / Tea House / Coffee Shop
    • Orson Rodriguez / Family Practice Physician
    • Courtney Gray / Emergency Care Physician
    • Gerardo Lopez Mejia / Family Practice Physician

    Property Details for 1380 Covell Rd

    Year built
    2017
    Lot size
    1.74 lot acres
    Property size
    17,243 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    21-116-1020
    APU
    211161020

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $6,330,000

    • CAP approach

      CAP return
      Estimation
      6%
      $5,960,000
      6.5%
      $5,325,000
      7%
      $5,400,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $5,310,000
      Geo Method
      $6,045,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $6,600,000
      Retail
      $4,880,000
      Mixed-Use
      $4,840,000
      Hospitality
      $6,170,000
      Educational
      $5,955,000
      Residential Income
      $6,745,000
      Energy
      $5,725,000
      Income-Based Land
      $4,900,000
      Food Service
      $4,885,000

    Location Insight

    • Map
    • Local Demand
    City
    Edmond
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.5021
    Latitude
    35.6812
    CBSA code
    36420
    CBSA name
    OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $68,807
    $116,902
    $543,180
    $660,082
    -
    $1,062,750
    $4,938,000
    $6,000,750

    Comparable in this City

    • Value Estimation by Request
      14,228 SF

      1224 Danforth Rd

      SHOPPING CENTER, STRIP CENTER • 14,228 SF
      1224 Danforth Rd, Edmond, OK 73003-4803
      View Details
    • Value Estimation
      $3,540,000
      31,108 SF

      2000 Danforth Rd

      SHOPPING CENTER, STRIP CENTER • 31,108 SF
      2000 Danforth Rd, Edmond, OK 73003-4687
      View Details
    • Value Estimation by Request
      34,992 SF

      832 Danforth Rd

      SHOPPING CENTER, STRIP CENTER • 34,992 SF
      832 Danforth Rd, Edmond, OK 73003-5006
      View Details
    • Value Estimation
      $630,000
      28,930 SF

      840 Edmond Rd

      SHOPPING CENTER, STRIP CENTER • 28,930 SF
      840 Edmond Rd, Edmond, OK 73003-5627
      View Details
    • Value Estimation by Request
      14,836 SF

      805 Covell Rd

      SHOPPING CENTER, STRIP CENTER • 14,836 SF
      805 Covell Rd, Edmond, OK 73003-2176
      View Details
    • Value Estimation by Request
      20,061 SF

      1267 Danforth Rd

      SHOPPING CENTER, STRIP CENTER • 20,061 SF
      1267 Danforth Rd, Edmond, OK 73003-4803
      View Details

    Similar Nearby for Sale

    • $7,864,034
      74,412 SF

      Edmond Retail Center - High NOI

      Multi-Tenant Restaurant Complex, Excellent ROI
      730 Danforth Rd, Edmond, OK 73003
      View Details
    • $995,000
      5,118 SF

      Edmond Restaurant with Drive-Thru

      Restaurant with drive-thru, full bar, and outdoor seating for sale.
      1801 W Edmond Rd, Edmond, OK 73003
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    • Contact for pricing
      1,693 SF

      Luxury OKC Rental Portfolio

      22 A-Class Homes, Immediate Delivery
      0 Multiple Properties, Edmond, OK 73003
      View Details
    • $1,287,000
      2.04 Acres

      Edmond Commercial Land - Prime Location

      2.04 Acres, Build-Ready, High Traffic
      Covell Village Dr, Edmond, OK 73003
      View Details
    • $250,000

      Prime Edmond Development Opportunity

      Vacant commercial lot in a high-growth Edmond corridor.
      2868 N Kelly Ave, Edmond, OK 73003
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    • $250,000
      0.86 Acres

      Edmond Land Development Opportunity

      Vacant commercial lot in a high-growth Edmond corridor.
      2932 N Kelly Ave, Edmond, OK 73003
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    Similar Nearby for Lease

    • $13 SF/Yr
      1,400 SF

      Retail Space Near Walmart

      Retail space in a high-traffic area near major retailers.
      2000 W Danforth Rd, Edmond, OK 73003
      View Details
    • $10 SF/Yr
      86,427 SF

      Kelly Plaza Retail Center

      Edmond, OK Shopping Center Opportunity
      828-840 Edmond Rd, Edmond, OK 73003
      View Details
    • Contact for pricing
      21,262 SF

      Retail Space in North Oaks

      Prime retail space in a high-visibility, well-trafficked location.
      723 West Danforth Rd, Edmond, OK 73003
      View Details
    • $18 SF/Yr
      1,700 SF

      Retail Space in Kickingbird Square

      Retail space for lease in a busy Edmond shopping center.
      1215-1417 E Danforth Rd, Edmond, OK 73003
      View Details
    • $15 SF/Yr
      1,600 SF

      Retail Space in Busy Corridor

      Retail space in a busy corridor with strong demographics.
      822 W Edmond Rd, Edmond, OK 73003
      View Details
    • $15 SF/Yr
      2,903 SF

      Retail Space in Busy Corridor

      Retail space in a busy, visible, and demographically strong area.
      320-836 W Edmond Rd, Edmond, OK 73003
      View Details

    Property Visit Statistics

    • Visits by month
      5.2k
    • Visitors by month
      4.2k
    • Avg Time on site
      31 min
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    1380 Covell Rd
    Edmond, OK 73003-3576
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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