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533 State st - State St. Development Site 1.86 Acres of Residential Land Offered at $889,070 CAD in Edmond, OK 73003
INVESTMENT HIGHLIGHTS
- C-3 Zoning In-Place
- Easy Access
- High Traffic Area
- Flat Lot
- Raw Land
EXECUTIVE SUMMARY
Zoning & Entitlements The property is currently zoned C-3, providing a broad range of commercial possibilities. Note: While the site is zoned C-3, the Buyer will be responsible for handling the specific entitlement process required by the City of Edmond for their intended use.
Investment Potential With Edmond’s residential market tightening and student enrollment remaining steady, after project permitting and city approval, this site could offer potential for purpose-built student housing, multifamily, or mixed-use retail development. No demolition is required—the site is graded and ready for your vision.
***Buyer to perform their own due diligence with regards to site plan approvals with regards to the city of Edmond permitting, zoning, city council, etc.***
PROPERTY FACTS
| Price | $889,070 CAD | Property Type | Land |
| Sale Type | Owner User | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 1.86 AC |
| Zoning | C-3 - C-3: High Density Multiple-Family Residential and Commercial Services. Up to 16-units per net acre. | ||
| Price | $889,070 CAD |
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 1.86 AC |
| Zoning | C-3 - C-3: High Density Multiple-Family Residential and Commercial Services. Up to 16-units per net acre. |
1 LOT AVAILABLE
Lot R182692010
| Price | $889,070 CAD | Lot Size | 1.86 AC |
| Price Per AC | $478,565.30 CAD |
| Price | $889,070 CAD |
| Price Per AC | $478,565.30 CAD |
| Lot Size | 1.86 AC |
Located nearby the University of Central Oklahoma, this +/- 1.86-acre site is perfectly positioned to capture the demand of a 12,000+ student population. The site sits in a dense, infill-corridor.
DESCRIPTION
STRATEGIC UCO DISTRICT LOCATION Located nearby the University of Central Oklahoma, this +/- 1.86-acre site is perfectly positioned to capture the demand of a 12,000+ student population. The site sits in a dense, infill corridor with high barriers to entry, offering a rare “blank canvas” for development. ZONING & ENTITLEMENTS The property is currently zoned C-3, providing a broad range of commercial possibilities. Note: While the site is zoned C-3, the Buyer will be responsible for handling the specific entitlement process required by the City of Edmond for their intended use. INVESTMENT POTENTIAL With Edmond’s residential market tightening and student enrollment remaining steady, this site offers immediate potential for purpose-built student housing, multifamily, or mixed-use retail development. No demolition is required—the site is graded and ready for your vision.
PROPERTY TAXES
| Parcel Number | 182692010 | Improvements Assessment | $0 CAD (2024) |
| Land Assessment | $26,169 CAD (2024) | Total Assessment | $26,169 CAD (2024) |
PROPERTY TAXES
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533 State st - State St. Development Site
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