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10/7 4.321+/- ACRES | PRIME EDMOND COMMERCIAL DEVELOPMENT SI

10/7 4.321+/- ACRES | PRIME EDMOND COMMERCIAL DEVELOPMENT SI

Description

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. Contact: Megan Albright, Auction Manager, at 580.747.2496 for any additional information you may need. Seller: Alan Staab

Terms & conditions

1. I acknowledge that I have viewed or received a copy of the Auction Day Announcements packet, which includes information about the property, Auction Day Announcements (terms and conditions), Real Estate Purchase Contract, and Open Commitment for Title Insurance, if applicable. A copy of the packet is available for review at wigginsauctioneers.com within 24 hours of the auction, or a copy of the packet may be requested by emailing [email protected]. 2. I have read said Auction Day Announcements packet and understand and agree to abide by terms and conditions of the auction. 3. I currently have sufficient funds to meet the "Escrow Deposit" and further have the ability to fund and complete the transaction as outlined in the Real Estate Purchase Contract. 4. I have examined the Real Estate Purchase Contract and understand that it is a legally binding contract, which is not contingent upon financing, inspections, or anything which would prevent successful closing. 5. I understand the property is being sold "As-Is" and it is my sole responsibility to satisfy myself as to any inspections, current condition, usability, etc. prior to bidding. 6. I understand that if I am the successful bidder, I agree to complete and sign the Real Estate Purchase Contract immediately upon conclusion of the auction, and place a 10% escrow deposit as outlined in the Real Estate Purchase Contract. 7. I understand that my registration for the auction will not be accepted without providing name, address, phone, valid ID and signing and returning a copy of this form. By doing so, I am agreeing to and accepting the terms and conditions of the auction set forth in the Auction Day Announcements packet, and any announcements day of auction which supersede advertising. 8. I hereto agree to sign by electronic means, and that the electronic signature shall have the same force and effect as an original signature.

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