New Construction Office
For Sale
Contact for pricing
833 Kelly Lakes Pass, Edmond, OK 73025
Newly built office property with drive-up parking, utility service, and convenient highway access.
Property Size3,827 SF
Price / SF$215.70
Days on Market329
Property Features for 833 Kelly Lakes Pass
General Information
Standard status
Active
Size
3,827 SF
Property subtype
OFFICE
Additional Details
Highway Access
Yes
Listing Agency:
Newmark Robinson Park | Oklahoma City
(405) 840-1500
Listed By:
Jim Rose · License #058065
(405) 879-4767
Source:
Moodyscre
Added: Nov 21, 2025
Changed: Oct 4
Last Checked: Oct 16 at 12:03PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Newmark Robinson Park | Oklahoma City
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,827-square-foot office building offers new construction and drive-up parking for convenient daily access. Edmond utilities serve the property, supporting office operations from a recently completed improvement.
The property is located near restaurants, retail, and grocery options, with access to I-35 and Hwy 74. Its office classification and practical parking configuration provide a straightforward commercial setting for occupancy or ownership.
The property is located near restaurants, retail, and grocery options, with access to I-35 and Hwy 74. Its office classification and practical parking configuration provide a straightforward commercial setting for occupancy or ownership.
Key Highlights
- 3,827‑square‑foot office building
- New construction
- Drive‑up parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,280
Cap Rate
5.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$865,600
$865.6K
Cap Rate 7%
$618,286
$618.3K
Cap Rate 9%
$480,889
$480.9K
Market Conditions
NOI Build-Up for 3,827 SF
Gross rent
$63.8K $16.68/SF
− Vacancy
−$6.1K −$1.60/SF
EGI
$57.7K $15.08/SF
− OpEx
−$14.4K −$3.77/SF
NOI
$43.3K $11.31/SF
Area
Oklahoma County, OK
Vacancy
9.60%
Lease Rate
$16.68 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$865,600
Cap Rate 7%
$618,286
Cap Rate 9%
$480,889
Alternative Uses
Best Use
Office B
$618.3K
$541.0K – $721.3K
NOI $43,280 @ 7.0% cap · market cap 5.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$797.1K
$697.5K – $930.0K
NOI $55,797 @ 7.0% cap · market cap 6.76%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
50
Businesses Nearby
Explore this area
Business Placement
Demographics for 73025, OK
15,524
Population
5,633
Households
2.8
Avg Household Size
39
Median Age
60%
College-Educated
97%
High-School Grad
52.7 sq mi
ZIP Area
295
Density / Sq Mi
$176,808
Median Household Income
$72,492
Median Earnings
$2,656
Median Rent
$441,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Newly built office property with drive-up parking, utility service, and convenient highway access.
Where is this office building located?
The property is located at 833 Kelly Lakes Pass Edmond, OK.
What is the asking price?
The asking price for this property is $825,500.
What are key features of this property?
This property features: 3,827‑square‑foot office building; New construction; Drive‑up parking
