Property profile

775 West Covell Rd Edmond, OK 73003

FOR LEASE
Strip malls
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Property ID
US69-0298165
13,551 SF 1.29 ac Built 2007
Last sale Dec 2017·$5,725,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$26k
Tax billed · 2023
Assessed value$252k
Assessed land$62k
Assessed improvement$190k
Effective rate10.42%

Value estimate

· Nov 2026
$495k
$446k – $545k
CAP approach$2.20M
NOI build-up
Gross scheduled income$461k
Vacancy & credit loss−$44k
Operating expenses−$125k
NOI · 1,214,629.17% cap applied$292k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$245/SF
Submarket average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$152 – $337
Qualifying comparables3

Cap rate analysis

How does the asset earn?
1,214,629.17%
$292k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionOKLAHOMA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency27.5
Building Supply23.8
Wholesale Shop20.6

Location

775 West Covell Rd Edmond, OK 73003
County assessor Recorded deeds · 11 transfers 3 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
821 Danforth, Edmond, OK 73003-5007 $4,750,000 Sep 2024 69,204 SF
201 Santa Fe, Edmond, OK 73003-4767 $4,150,000 Jul 2024 2,720 SF
2000 Danforth, Edmond, OK 73003-4687 $3,375,000 Dec 2023 31,108 SF
1380 Covell, Edmond, OK 73003-3576 $5,760,000 Mar 2023 17,243 SF
1425 Santa Fe Ave, Edmond, OK 73003-5901 $2,625,000 Jun 2021 No data
610 Kelly, Edmond, OK 73003-5668 $3,718,500 Jan 2020 43,769 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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