800 18Th StEdmond, OK 73013

Property Details for 800 18Th St

Year built

2006

Construction

WOOD FRAME

Lot size

1.74 AC

Property size (Sq ft)

12,642 SF

Property type

Medical offices

Property subtype

Medical centers

APN

12-479-1030

APU

124791030

Description

This exceptional 1.06-acre commercial land parcel presents a unique investment opportunity in Edmond, Oklahoma. Strategically located at 800 W 18th St, 73013, this property boasts a highly desirable E-3 zoning designation, permitting restricted light industrial uses as per Edmond city ordinances. Its prime location on Kelly Avenue, between 15th and 33rd Streets, ensures excellent visibility and accessibility. The site benefits from its close proximity to Broadway Extension and the Kilpatrick Turnpike, providing convenient access to major transportation arteries. With a daily traffic count of 30,729 vehicles, this location offers significant potential for high exposure and customer traffic. The asking price for this exceptional property is $425,000. This is an ideal opportunity for developers or businesses seeking a well-situated lot in a thriving Oklahoma City suburb. The property's size and zoning make it suitable for a variety of commercial ventures. Serious inquiries are encouraged to explore the possibilities this prime location offers.

• CAP approach

  CAP return

  Valuation

  6%

  $2,052,271

  6.5%

  $1,894,404

  7%

  $1,759,089

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,521,086

  Geo Method

  $1,521,086

• Alternative Use

  Use

  Valuation

  Residential

  $2,349,060

  Hospitality

  $2,151,727

  Educational

  $1,790,212

  Medical

  $1,851,780

  Retail

  $2,784,774

Location Insight

City

Edmond

County

Oklahoma

State

Oklahoma

Latitude

35.635

Longitude

-97.4948

CBSA code

36420

CBSA name

OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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