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    High-Visibility Anadarko Commercial Property Title is generated by Realmo AI

    102 E Central Boulevard, Anadarko, OK 73005

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    For Sale
    $1,990,000

    SINGLE_FAMILY - Anadarko, OK

    Type:Retail
    Property size:
    7,398 SF
    Lot size:
    0.16 Acres
    Price / SF:
    $268/SF
    Added:
    Apr 21, 2026
    Days on Market:
    24
    Last Refresh:
    May 14 at 10:06 pm

    Property Features for 102 E Central Boulevard

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Zoning
    Commercial
    Standard status
    Active
    APN
    102ECentral73005
    Size
    7,398 SF
    Lot size
    0.16 Acres

    Building Details

    Year built
    1953

    We can help!

    Listing Contact
    Amanda Bertelli

    Listing agent Amanda Bertelli License #173154

    Listing office Eastwood Realty Group Inc BO 2210 S 16th, Chicaksha, OK

    Listing date Apr 21, 2026

    MLS# 1225313

    Copyright © 2026 MLSOK, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • High‑traffic corner location in Anadarko offering strong visibility.
    • Two separate buildings connected by a breezeway provide flexible use options.
    • Includes associated businesses, vehicles, and equipment for a turnkey opportunity.
    • Light industrial/service building with drive‑in access and open storage.
    • Office/retail building featuring a showroom and enclosed offices.
    • Generous paved parking with additional open space available for development.

    Overview

    Located on a high-traffic corner in Anadarko, this commercial property offers significant visibility and diverse income opportunities. The site, spanning just under one acre (0.1607 acres), features two interconnected buildings via a covered breezeway, providing flexible operational and leasing options. One building is suited for light industrial or service use, equipped with drive-in access, open storage, and a front area suitable for display or customer interaction. The second building is designed for office and retail purposes, featuring a large open showroom and multiple enclosed offices. The property includes ample paved parking and additional open space for overflow parking or future development. The total property size is 7398 square feet. The offering includes associated businesses, vehicles, and equipment, presenting a turnkey opportunity. Financial records are available to qualified buyers upon signing a non-disclosure agreement. Inventory levels, which vary, are not included in the purchase price. The property is zoned for commercial use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Central Appliance Home Appliance Store O'Reilly Auto Parts Auto Parts Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Anadarko
    County
    Caddo
    State
    Oklahoma
    Longitude
    -98.243414
    Latitude
    35.072202

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    FAQs

    What type of property is this?
    Mixed-use property - Versatile commercial property with income potential in high-traffic location.
    Where is this mixed-use property located?
    The property is located at 102 E Central Boulevard Anadarko, OK.
    What is the asking price?
    The asking price for this property is $1,990,000.
    What are key features of this property?
    This property features: High‑traffic corner location in Anadarko offering **strong visibility**.; Two separate buildings connected by a breezeway provide **flexible use options**.; Includes associated businesses, vehicles, and equipment for a **turnkey opportunity**.
    (405) 933-4575
    We can help!
    Listing Contact
    Amanda Bertelli
    Real Estate License ID: 173154
    Learn More
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    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
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