Commercial Land in Edmond, Oklahoma, presents a unique investment opportunity for those looking to capitalize on the city's growing economy. With a population of approximately 90,000 residents, Edmond offers a diverse demographic makeup, a strong focus on promoting public art and cultural diversity, and a range of recreational activities. Commercial Land in Edmond can represent various types of investments, including retail, office, or industrial spaces, each with its own potential for growth and returns. The city's economy is supported by various industries, including wholesale trade, light manufacturing, information, and professional, scientific, and technical services, making it an attractive location for businesses. Edmond's amenities, such as the Oak Tree National golf course, Arcadia Lake, and Twin Bridges Lake, also contribute to its appeal. Additionally, the city's location just north of Oklahoma City, a major city in the state, makes it an ideal spot for businesses looking to tap into the larger market.
Edmond's Commercial Land market offers 61 available listings, with an average price per square foot of and an average size of square feet. The largest available property spans 0 square feet, providing ample space for businesses to grow. With an average cap rate of , Commercial Land in Edmond presents a promising investment opportunity. The city's diverse economy, supported by major employers like Crest Foods and the University of Central Oklahoma, ensures a steady demand for commercial spaces. Additionally, Edmond's recreational activities, cultural attractions, and educational institutions, such as the University of Central Oklahoma and Herbert W. Armstrong College, make it an attractive location for businesses and residents alike. Overall, Commercial Land in Edmond offers a unique blend of economic growth, cultural diversity, and recreational opportunities, making it an attractive investment option.
What are common commercial uses for land in the Edmond market?
In the Edmond market, common commercial uses for land include retail spaces, office buildings, and light industrial facilities, which cater to the city's diverse economy supported by industries such as Wholesale Trade, Light Manufacturing, Information, and Professional, Scientific and Technical Services.
Additionally, with major employers like the University of Central Oklahoma and Crest Foods, commercial land in Edmond may also be used for educational institutions, healthcare facilities, and supermarkets, further enhancing the city's economic landscape and providing a range of employment opportunities.
What are common ways to purchase land to use in development projects?
When it comes to purchasing land for development projects in Edmond, Oklahoma, there are several common ways to do so. Whether you're looking to invest in a plot of land for commercial use or seeking to develop a property for future projects, understanding the process of buying land is crucial, which is why we recommend checking out our article on how to buy land to get started.
