The property consists of two land parcels totalling 22.6 acres. Tract A and B are priced together at $2.9 million. They are located on the east side of Edmond with population growth projected to be more than 10% over the next five years. The University of Central Oklahoma, the third largest college in Oklahoma, is less than one mile from this site and there is over 1 million SF of retail less than one mile from the site. The OU Medical Center is just down the street along with numerous other employers. Location Description: Edmond is considered to be the crown jewel of suburbs in the Oklahoma City metropolitan area. Located just north of Oklahoma City, Edmond boasts the highest average household incomes in the metro area. While Oklahoma City averages $64,755 per year, Edmond averages $90,234 per household. Over the past several decades, Edmond has experienced a steady growth of new high-end housing additions thanks to the city's superior school system that attracts residents from all over the state. As a result of this growth, Edmond has experienced millions of dollars of commercial development in recent years with new high-end shopping centers, office developments, and medical facilities. Highlights: ■ $2.75 per Square Foot; Nicest Submarket in OK ■ Average Household Income of $90,000 in Edmond ■ $3.78/SF Comp Across the Street Sold in 2011 ■ 1.2 Million SF of Retail Development w/in 1 Mile ■ 12 to 16 Unit Density per Acre for Edmond « show less
The property consists of two land parcels totalling 22.6 acres. Tract A and B are priced together at $2.9 million. They are located on the east... show more »
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