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    828-840 Edmond Rd Edmond, OK 73003

    Sponsored
    For Lease
    $10 SF/Yr

    Edmond, OK Shopping Center Opportunity

    Lot size:
    86,427 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Kelly Plaza, located at 828-840 W Edmond Rd, Edmond, OK 73003, presents a unique retail investment opportunity in Oklahoma City's vibrant Edmond submarket. This 86,427 square foot shopping center, situated on a 6.44-acre lot, offers multiple tenancy options with 18,427 square feet currently vacant. Spaces range from a minimum of 1,400 square feet to a maximum contiguous space of 8,924 square feet, ideal for a variety of retail uses. Built in 1984 and extensively renovated in 2011 (with three renovations since then), the property boasts a strong tenant base of long-term service-related businesses. Its prime location at the hard corner of Kelly Avenue and West Edmond Road ensures high visibility and accessibility. Ample parking is available with 333 spaces provided for patrons. The property is zoned Commercial and is located in Oklahoma County. This is a rare chance to acquire a well-maintained, established retail center in a thriving area with significant potential for growth. The property's history of family ownership since 1995 speaks to its stability and consistent performance. The available space presents a compelling opportunity for businesses seeking a prominent location in a high-traffic area of Edmond.

    Property Features for 828-840 Edmond Rd

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    86,427 SF
    Total Rate
    72022.5

    Building Details

    Year Built/Renovated
    1984/2011

    Unit(s) available at that property

    Space
    840 W Edmond Rd
    Size
    8,924 SF
    Rate per SF
    $10
    Space
    336 S Kelly Ave
    Size
    3,600 SF
    Rate per SF
    $15
    Space
    822A W Edmond Rd
    Size
    1,400 SF
    Rate per SF
    $15
    Space
    364 S Kelly Ave
    Size
    2,903 SF
    Rate per SF
    $13
    Space
    822E W Edmond Rd
    Size
    1,600 SF
    Rate per SF
    $20

    HighLights

    • 86,427 SF retail center on 6.44 acres in Edmond, OK's vibrant submarket.
    • 18,427 SF of available space, with units ranging from 1,400 SF to 8,924 SF.
    • High occupancy rate with strong, long‑term service‑oriented tenants.
    • Prime corner location at Kelly Ave & W Edmond Rd, a top 5 trafficked corner in Edmond, offering excellent visibility and accessibility.
    • Ample parking (333 spaces) and strong demographics.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Edmond
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.4949088
    Latitude
    35.6522786

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    FAQs

    What type of property is this?
    Lifestyle center - Edmond, OK Shopping Center Opportunity
    Where is this lifestyle center located?
    The property is located at 828-840 Edmond Rd Edmond, OK.
    What is the lease rate?
    The lease rate is $10-$20 SF/Yr.
    What are key features of this property?
    This property features: 86,427 SF retail center on 6.44 acres in Edmond, OK's vibrant submarket.; 18,427 SF of available space, with units ranging from 1,400 SF to 8,924 SF.; High occupancy rate with strong, long-term service-oriented tenants.
    Request Owner's contact information
    828-840 Edmond Rd Edmond, OK 73003
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    Edmond, OK 73003
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    828-840 Edmond Rd Edmond, OK 73003
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