Oklahoma Co., Oklahoma, Edmond, OK 73034

$699,000

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List Price
$699,000
Days on Market
2
Status
ACTIVE
MLS#
11971987
Lot Size (Acres)
4.32

Property Description

NOTE: This is an auction. The above mentioned For Sale price is not an asking price but rather, a SUGGESTED OPENING BID. 4.321+/- ACRES | PRIME EDMOND COMMERCIAL DEVELOPMENT SITE NWC of E Coffee Creek Rd. & N Coltrane Rd. | Edmond, Oklahoma ONLINE ONLY AUCTION Wednesday, October 7, 2026 - Begins Closing at 2:00 P.M. An exceptional opportunity to acquire 4.321+/- acres of commercially zoned land at the northwest corner of East Coffee Creek Road and North Coltrane Road in Edmond. Compact development footprint in an established and growing north Edmond corridor, surrounded by upscale residential neighborhoods and convenient access to I-35. Property Address: Northwest Corner of East Coffee Creek Road and North Coltrane Road Auction Location: Online Only Driving Directions: From I-35 & Covell Rd., West 1.5 miles on Covell Rd., turn North onto Coltrane Rd. & go 1 mile, acreage is located on NW side at the intersection of Coltrane Rd and Coffee Creek Rd. • 4.321+/- acres (South Tract) - approximately 188,223 sq. ft. • Approximately 440+/- feet along E Coffee Creek Road and approximately 431+/- feet along N Coltrane Road, based on the surveyor-prepared legal description; buyer to verify frontage and access. • Zoned D-O, Suburban Office District, City of Edmond, Oklahoma County. • Current D-O permitted uses include office, bank/financial institution, veterinarian, library, and public/private/charter elementary or secondary school. Certain additional uses require a Specific Use Permit. • Level commercial development site at a prominent Edmond intersection. • Utilities reported available to the original parent tract; buyers should independently verify capacity, location, and service for the 4.321-acre tract. • Original parent tract appraisal reported Zone X (unshaded) and no flood-zone encumbrance; buyer should verify current conditions for the Tract. • Easy access to I-35 and major Edmond corridors. • Affluent surrounding demographics: the 2025 appraisal reported average household income of $206,032 within one mile and projected 2.51% household growth through 2029. • Commercial development opportunity in a corridor supported by residential growth and professional-service demand. Legal Description: A tract of land located in the Southeast Quarter (SE/4) of Section Seven (7), Township Fourteen North (T14N), Range Two West of the Indian Meridian (R2W I.M.), Oklahoma County, Oklahoma, being contained within a parent tract of land described in Book 16178, Page 78, records of the Oklahoma County Clerk, the subject property being more particularly described as follows: BEGINNING at the Southeast Corner of said SE/4, also being the Southeast Corner of said parent tract; THENCE North 00°44'56" West, along the East line of said SE/4, a distance of 430.75 feet; THENCE South 89°15'04" West, a distance of 440.00 feet; THENCE South 00°44'56" East, a distance of 424.76 feet to the South line of said SE/4; THENCE South 89°58'07" East, along said South line, a distance of 440.04 feet to the POINT OF BEGINNING. Said tract contains 4.321 acres, more or less. Taxes: The 2025 taxes were approx. $63.33. The 2026 taxes will be prorated to the day of closing. Minerals: Do not sell. Possession: is to be given upon payment in full of the purchase price & transfer of title, at closing. Registration: All bidders are required to register with a valid form of ID and acknowledge and agree to auction terms & conditions. Terms: 10% of the purchase price is to be placed in escrow day of the auction with the balance being due upon delivery of merchantable title. Title will transfer by mortgagee's deed. All information is taken from sources believed to be reliable; however, no guarantee is made by the auction company or its employer. Buyers should satisfy themselves as to acreage, size, condition, etc. prior to auction day. Announcements made day of auction take precedence.

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Listing courtesy of Vicki Wiggins Allen with Wiggins Auctioneers & Realty