Add Listing
    For Lease
    • 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

    1201 NW 178Th St Edmond, OK 73012

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail space for lease in a desirable North Oklahoma location.

    Property size:
    1,200 SF
    Lot size:
    8.02 Acres

    Property Features for 1201 NW 178Th St

    General Information

    Size
    1,200 SF
    Lot size
    8.02 Acres

    We can help!

    Listing Contact
    Mark Inman
    Source: Moodyscre

    Listing Agent: Mark Inman

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

    Learn more

    Property Insight Report

    Overview

    Retail Space in North Oklahoma

    This retail space is situated in a desirable area of North Oklahoma City, where the average household income exceeds $135,000 per year within a one-mile radius. The property is located within the Edmond Public School District. Neighboring businesses and landmarks include OnCue Express, Wendy’s, Okie Express, Innovative Eye Care, Washington Irving Elementary School, Highland Park Apartments, Upper Crust Pizza, Ralph’s Family Pharmacy, Subway, Marco’s Pizza, Goddard School, and Life Church. The property offers 1200 square feet of retail space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    eMind Solutions, Inc. (Bike/Boat/Book/etc) Store Highland Liquor Wine ... (Bike/Boat/Book/etc) Store Legacy Cleaners (Bike/Boat/Book/etc) Store Royal Oak Dog ... Pet Grooming Service Vesauna Health Spa Alternative Medicine Practice

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Edmond
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.5331998
    Latitude
    35.6533063

    Nearby Similar for Lease

    • New
      $995 /Mo
      375 SF

      Remodeled Commercial Space in Edmond

      Remodeled commercial space with private entry and two bathrooms.
      26 E 9Th St, Edmond, OK 73034
      View Details
    • $3,000 /Mo
      247,168 SF

      Corner Commercial Rentals in Edmond, OK

      Spacious commercial rentals on the corner of Waterloo Road and Kelley.
      1101 W Waterloo Rd, Edmond, OK 73025
      View Details
    • $20 SF/Yr
      3,056 SF

      Move-in Ready Office Building

      Professional office building in Edmond, OK, with modern functionality.
      1000 NW 139Th St, Edmond, OK 73013
      View Details
    • $2,300 /Mo
      2,200 SF

      Edmond Office Space For Lease

      Flexible office space in a desirable Edmond location.
      800 W 18Th St, 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
    • $2,200 /Mo
      1,600 SF

      Edmond Commercial Flex Space Rental

      Spacious commercial rentals with high ceilings at a visible intersection.
      1101 W Waterloo Rd, Edmond, OK 73025
      View Details
    • $7,850 /Mo
      3,626 SF

      Prime Downtown Edmond Corner Property

      Highly visible 3,626 sq ft retail/office space in vibrant Edmond.
      116 S Broadway Ave, Edmond, OK 73034
      View Details
    • Contact for pricing

      New Retail Center at Covell

      Newly constructed retail center near I-35 and Covell in Edmond, OK.
      2664 Exchange Dr, Edmond, OK 73034
      View Details
    • $13 SF/Yr

      Edmond Office Space For Rent

      Dallas style office space in southeast Edmond location.
      1261 E 33Rd St, Edmond, OK 73034
      View Details
    • $2,800 /Mo

      Office/Warehouse Flex Space Available

      Flex space with office and warehouse components for lease.
      2800 South Coltrane Pl, Edmond, OK 73034
      View Details
    • $12 SF/Yr

      Office Space Available For Rent

      Office suites available for rent, can be divided.
      1401-1425 East Ayers St, Edmond, OK 73034
      View Details
    • $14 SF/Yr
      6,185 SF

      Edmond Flex Space with Yard

      Flex space featuring offices, warehouse, and fenced outdoor storage.
      400 S Coltrane Rd, Edmond, OK 73034
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space for lease in a desirable North Oklahoma location.
    Where is this retail space located?
    The property is located at 1201 NW 178Th St Edmond, OK.
    What are key features of this property?
    This property features: - Located in a desirable, high-income area of North Oklahoma City.; - Situated within the Edmond Public School District.; - High average household incomes in a one-mile radius.
    (405) 607-6272 Call to check price and availability
    Request Owner's contact information
    1201 NW 178Th St Edmond, OK 73012
    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.
    1201 NW 178Th St
    Edmond, OK 73012
    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
    1201 NW 178Th St Edmond, OK 73012
    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!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Mark Inman
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!