About 812 W Main Street
PACKAGE SALE — sold together with 4 & 8 S Kelly Ave (companion MLS #1226999) for $635,000 total ($127K per platted lot). This listing covers 812 W Main, one of three contiguous parcels (Lots 11–15, Block 015, Main Street Addition) totaling 0.4017 ac / 17,498 SF at the corner of S Kelly Ave & W Main St in downtown Edmond — across from Barnett Field Splash Pad with corner double-frontage potential. Five platted lots buildable as SFR by-right under Zone A; six+ achievable via PUD or replat. Three 1940s ranch rentals deliver $3,350/mo ($40,200/yr) carry income that covers taxes, insurance, and holding costs while a buyer entitles, designs, and permits new product. Direct land comp 612 W 2nd St (six vacant lots, same Main Street Addition subdivision) sold $510K / $30.36/SF in April 2024. Geometric precedent right next door: 719–735 W Main, where Castle Custom Homes built five shotgun homes plus five detached garage apartments on the identical 125×140-ft parent parcel in 2022 — mid-row 727 W Main sold $500K (Oct 2024); adjacent 731 W Main (Rasmussen) sold $379.5K. Investing alongside Edmond's Main Street TIF: $158M+ private investment since 2020 with 500,000+ SF currently under construction. UCO ¼ mile north (~16K students). Yield study, feasibility one-pager, concept site plans (5 by-right + 6-8 PUD scenarios). Also listed on Crexi and LoopNet. Will not be sold separately.
