Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3612 Kelly Ave Edmond, OK 73013-3805

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3612 Kelly Ave Edmond, OK 73013-3805

    View on Map
    • Flex space
    • 10,000 SF
    • 1.20 lot acres
    Off-Market
    Property ID
    US69-0552997
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $570,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Complete Home Assistance / Hardware & Home Improvement
    • ARM Automotive Repairs and Maintenance 2 / Auto Repair Shop
    • EMSA 31 / Corporate Office

    Property Details for 3612 Kelly Ave

    Year built
    1973
    Construction
    STEEL FRAME
    Lot size
    1.20 lot acres
    Property size
    10,000 SF
    Property type
    Flex space
    APN
    18-250-1930
    APU
    182501930

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $604,000
      Market price range: $566k - $1.37M
      AI Estimate
      $395,000
      Market price range: $395k - $756k

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Edmond
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.4954
    Latitude
    35.62
    CBSA code
    36420
    CBSA name
    OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $5,686
    $12,919
    $41,625
    $54,544
    -
    $117,450
    $378,407
    $495,857

    Comparable in this City

    • Value Estimation
      $680,000
      10,000 SF

      15000 Bristol Park Blvd

      LIGHT INDUSTRIAL • 10,000 SF
      15000 Bristol Park Blvd, Edmond, OK 73013-1888
      View Details
    • Value Estimation
      $805,000
      13,221 SF

      113 138th St

      LIGHT INDUSTRIAL • 13,221 SF
      113 138th St, Edmond, OK 73013-7106
      View Details
    • Value Estimation
      $685,000
      7,701 SF

      3104 Kelly Ave

      LIGHT INDUSTRIAL • 7,701 SF
      3104 Kelly Ave, Edmond, OK 73013-3705
      View Details
    • Value Estimation
      $655,000
      8,748 SF

      14601 Metro Plz Blvd

      LIGHT INDUSTRIAL • 8,748 SF
      14601 Metro Plz Blvd, Edmond, OK 73013-2118
      View Details
    • Value Estimation
      $835,000
      9,796 SF

      14710 Metro Plz Blvd

      LIGHT INDUSTRIAL • 9,796 SF
      14710 Metro Plz Blvd, Edmond, OK 73013-1988
      View Details
    • Value Estimation
      $1,610,000
      27,500 SF

      2616 Railroad Dr

      LIGHT INDUSTRIAL • 27,500 SF
      2616 Railroad Dr, Edmond, OK 73013-9523
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      7,560 SF

      Industrial Property with Climate Control

      Small-bay industrial space with climate control and outside storage.
      14814 Bristol Park Blvd, Edmond, OK 73013
      View Details
    • $1,100,000
      7,560 SF

      7,560 SF on 0.69 Acres Investment Property-Industrial Warehouse For Sale-14814-14816 Bristol Park Boulevard (UNDER CONTRACT)

      7,560 SF on 0.69 Acres Investment Property-Industrial Warehouse For Sale-14814-14816 Bristol Park Boulevard (UNDER CONTRACT)
      14814-14816 Bristol Park Boulevard, Edmond, OK 73013
      View Details
    • Contact for pricing
      6,000 SF

      Santa Fe Crossings Flex Space

      Flex space in Santa Fe Crossings Business Park.
      160 NE 150Th St, Edmond, OK 73013
      View Details
    • Contact for pricing
      54,000 SF

      Commercial Land For Sale

      Commercial lot suitable for retail, office, or mixed-use developments.
      and western 164Th St, Edmond, OK 73013
      View Details
    • Contact for pricing

      Prime Retail Location in Edmond

      High-quality retail center with market-leading tenants and excellent visibility.
      1189 E 15Th St, Edmond, OK 73013
      View Details
    • Contact for pricing

      Land For Sale Edmond, OK

      Land available for sale in Edmond, Oklahoma.
      13854 Pawnee Dr, Edmond, OK 73013
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Adaptable Office Warehouse Space Available

      Flexible office/warehouse space for rent in Edmond, Oklahoma.
      7304 NW 164Th St, Edmond, OK 73013
      View Details
    • Contact for pricing

      Edmond Industrial/Flex Building For Rent

      Industrial/flex building in Edmond with office and warehouse space.
      304 NE 145 Pl, Edmond, OK 73013
      View Details
    • Contact for pricing
      2,600 SF

      Industrial Unit with Climate-Controlled Office

      Industrial unit featuring climate-controlled office and heated warehouse space.
      14900 Bristol Park Blvd, Edmond, OK 73013
      View Details
    • Sponsored
      Contact for pricing

      OK, Edmond - S Broadway

      Discover many ways to work your way in OK, Edmond - S Broadway
      3209 Broadway, Edmond, OK 73013
      View Details
    • $5,950 /Mo
      6,000 SF

      Edmond Flex Space For Rent

      6,000 SF flex space with office/showroom in Edmond, OK.
      14901 Metro Plaza Blvd, Edmond, OK 73013
      View Details
    • $10 SF/Yr
      4,590 SF

      Retail and Flex Space Available

      Retail and flex spaces for lease, delivery June 2025.
      NW 164Th St, Edmond, OK 73013
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3612 Kelly Ave
    Edmond, OK 73013-3805
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!