Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    9224 Shields Blvd Moore, OK 73160

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $347,000

    High-potential office space, under $350k

    Property size:
    2,000 SF

    Property Features for 9224 Shields Blvd

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    2,000 SF
    Lot Size
    34,412 SF

    Building Details

    Year Built
    1986

    We can help!

    Listing Contact
    Ieasha Howell-Larkpor

    Listing Agency: Thunder Team Realty Listing Agent: Ieasha Howell-Larkpor

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional 2,000 square foot office building presents a remarkable investment opportunity in the thriving city of Moore, Oklahoma. Located at 9224 S Shields Boulevard, this property sits on a generous 0.79-acre lot, offering ample space and potential for expansion or future development. Currently priced at $347,000, this building represents significant value for its size and location. The interior is adaptable, allowing for a variety of uses to suit the needs of diverse businesses. Whether you're an entrepreneur seeking a space to establish your operations or an investor looking for a strong return, this property offers considerable potential. Its prime location in Moore provides excellent visibility and accessibility, ensuring a strong foundation for success. The building's versatile layout allows for customization to fit specific business requirements, making it an ideal choice for a wide range of commercial ventures. Don't miss this chance to acquire a well-situated commercial property in a dynamic market. The asking price of $347,000 makes this an attractive proposition for those seeking a profitable investment or a strategic location for their business. Contact us today to schedule a viewing and explore the possibilities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply 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
    Moore
    County
    Cleveland
    State
    Oklahoma
    Longitude
    -97.50285
    Latitude
    35.37411

    Nearby Similar for Sale

    • $335,000
      2,520 SF

      Commercial Property in Moore, Oklahoma

      Commercial property with C-5 zoning suitable for various businesses.
      712 Cass Ave, Moore, OK 73160
      View Details
    • Contact for pricing
      45,127 SF

      Moore, OK Commercial Property

      Commercial property in Moore, OK, suitable for auto industry.
      2865 N Shields Blvd, Moore, OK 73160
      View Details
    • $699,000
      5,620 SF

      Established Office Building with Tenants

      Landmark office building with long-term tenants and high traffic.
      504 Tower Dr, Moore, OK 73160
      View Details
    • New
      $799,000
      0.64 Acres

      Highway Frontage Commercial Building

      Commercial building with highway frontage and high visibility in Moore.
      N Interstate Highway 35, Moore, OK 73160
      View Details
    • $1,000,000
      2,833 SF

      Retail Property in Moore, OK

      Retail property for sale in Moore, Oklahoma, totaling 2,833 square feet.
      2100 N Broadway St, Moore, OK 73160
      View Details
    • Contact for pricing
      9,600 SF

      Freestanding Medical Office Building For Sale

      NNN leased medical office building with long-term tenant.
      400 N Eastern Ave, Moore, OK 73160
      View Details
    • $2,103,000
      1,672 SF

      New Construction Starbucks Investment Property

      New construction Starbucks on 0.719 acre site in Moore, OK.
      1100 N Moore Ave, Moore, OK
      View Details
    • Contact for pricing
      10,000 SF

      New Dollar Tree Store

      New construction Dollar Tree store with corporate guaranteed lease.
      9025 S Bryant Ave, Moore, OK
      View Details
    • Contact for pricing
      17,404 SF

      Industrial Building Investment Opportunity

      NNN leased industrial building with drive-through access and high ceilings.
      9530 Pole Rd, Moore, OK 73160
      View Details
    • $639,000
      3,640 SF

      Renovated Automotive Property For Sale

      Automotive property with lifts and recent renovations available for sale.
      1809 S Eastern Ave, Moore, OK 73160
      View Details
    • Contact for pricing
      6,000 SF

      6,000 SF Commercial Building

      Value-add investment property with development opportunity in Moore, OK.
      1930 N Broadway St, Moore, OK 73160
      View Details
    • Contact for pricing
      5,345 SF

      NNN Retail Property For Sale

      Freestanding retail property with long-term absolute NNN lease.
      2305 S Telephone Rd, Moore, OK 73160
      View Details

    FAQs

    What type of property is this?
    Office Property / Space - High-potential office space, under $350k
    Where is this office property / space located?
    The property is located at 9224 Shields Blvd Moore, OK.
    What is the asking price?
    The asking price for this property is $347,000.
    (405) 525-5055
    Request Owner's contact information
    9224 Shields Blvd Moore, OK 73160
    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.
    9224 Shields Blvd
    Moore, OK 73160
    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
    9224 Shields Blvd Moore, OK 73160
    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

    We can help!
    Listing Contact
    Ieasha Howell-Larkpor
    (405) 525-5055
    Learn more
    Google sign-in failed. Please try again or use another login method.