(Subject Property at NW corner of I-35 & Waterloo Rd.)



(ODOT's Proposed Road Expansion at Waterloo & I-35)


 
(ODOT's Proposed Road Expansion at Waterloo & I-35. Subject property in
the NW corner)
                                   

                                             
(Proposed mixed-use development)                                                                                     

 

• 150 acres (MOL) located at the NW corner of I-35 and Waterloo Road, Edmond, OK. 73003
• Logan County Assessor account #: 420012516
• Asking price is $6,500,000 or approximately $1 per square foot.
• Frontage along I-35, Waterloo Rd. and Sooner Rd.
• I-35 is scheduled by the Oklahoma Department of Transportation (ODOT) to expand into a 6-lane highway at this intersection, with Waterloo Rd. also expanding into a 5-lane road for a 1/2 mile East and West of I-35. 
• Location is perfect for a mixed-use development including residential, hotels, fast food, retail, executive office park, and more.
• New residential developments of all price ranges being constructed near the property.
• Current Annual Average Daily Traffic (AADT) on Waterloo in year 2014: 11,500 per day
• Future estimated AADT on Waterloo by year 2040: 33,100 vehicles per day
• Current AADT on I-35 South of Waterloo in year 2014: 49,100 vehicles per day
• Future estimated AADT on I-35 by year 2040: 81,200 vehicles per day