Most of the route is a rural two-lane highway and passes through both farmland and residential properties.

For much of its path, SR 500 runs generally parallel to the north of Flatrock Creek.

At this point, it joins SR 49 heading north into the village along Main Street through a primarily residential area.

[4][5][6] The road arrives at a traffic signal where it meets SR 613 (Townline Street).

[4][5][6] The route curves to the northeast at the County Road 47 (CR 47) intersection and, upon crossing a set of railroad tracks, departs Payne.

This measurement is a calculation of the traffic level along a segment of roadway for any average day of the year.

In 2012, ODOT figured that the lowest traffic levels were present on the section that is west of SR 49, where only 410 vehicles used the highway daily.