Add Listing
    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

    900 S Aspen Ave Broken Arrow, OK 74012

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

    Retail space with pylon sign and ample parking.

    Property size:
    2,439 SF
    Lot size:
    0.52 Acres

    Property Features for 900 S Aspen Ave

    General Information

    Size
    2,439 SF
    Lot size
    0.52 Acres

    We can help!

    Listing Contact
    Logan Sadler
    Logan Sadler
    Source: Moodyscre

    Listing Agent: Logan Sadler

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

    Learn more

    Property Insight Report

    Overview

    Retail Property on Aspen Avenue

    This retail property is situated on a 0.52-acre lot and offers 2,439 square feet of space. The location benefits from curb cuts on Aspen Avenue and access from an adjoining shopping center anchored by Ace Hardware. A pylon sign is included. Ample parking is available. Neighboring businesses include Westlake Ace Hardware, Pizza Hut, Enterprise Rent-A Car, Egg It On Cafe, Supermercados Morelos, Bank of Oklahoma, and American Inheritance Confectionery.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Minerva Canna - Broken ... (Bike/Boat/Book/etc) Store Carl's Jr. Restaurant

    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
    Broken Arrow
    County
    Wagoner
    State
    Oklahoma
    Longitude
    -95.815838
    Latitude
    36.060474

    Nearby Similar for Sale

    • New
      $249,500
      1,330 SF

      Patio Home in Gated Neighborhood

      Modern, low-maintenance 2-bedroom home in Broken Arrow, Oklahoma.
      4518 W Fort Worth St, Broken Arrow, OK 74012
      View Details
    • New
      $1,170,000
      4,500 SF

      Prime Office Building For Sale

      Well-maintained commercial office building in Broken Arrow's professional district.
      1015 W Ithica St, Broken Arrow, OK 74012
      View Details
    • New
      $3,325,000
      25,070 SF

      Broken Arrow Office/Warehouse For Sale

      Office and warehouse space constructed in 2021 in Broken Arrow.
      11160 S 225Th East Ave, Broken Arrow, OK 74014
      View Details
    • New
      $3,425,000
      23,000 SF

      Office/Warehouse Investment Opportunity

      Fully leased office/warehouse with fenced yard space for sale.
      11200 S 225Th East Ave, Broken Arrow, OK 74014
      View Details
    • New
      $8,300,000
      62,800 SF

      Insulated Industrial Building For Sale

      62,800 SF industrial building with flexible unit configurations.
      22390 E 111Th St, Broken Arrow, OK 74014
      View Details
    • New
      $340,000
      2,232 SF

      Broken Arrow Duplex Investment Property

      Well-maintained duplex in Broken Arrow, ideal for investment or owner-occupancy.
      4901 S Hickory Ave, Broken Arrow, OK 74011
      View Details
    • Contact for pricing
      6,530 SF

      Freestanding Restaurant with Ample Parking

      Freestanding restaurant with 72 parking spots available for sale.
      2000 W Reno St, Broken Arrow, OK 74012
      View Details
    • Contact for pricing

      Retail Space Near Aspen Creek

      New retail construction near Reasor's and Aspen Creek shops.
      5205 S Aspen Ave, Broken Arrow, OK 74011
      View Details
    • $2,900,000
      15,445 SF

      Berkshire Medical Plaza For Sale

      Berkshire Medical Plaza For Sale
      4800 W San Antonio Street, Broken Arrow, OK 74012
      View Details
    • Contact for pricing
      16,500 SF

      Broken Arrow Warehouse Space

      16,500 SF warehouse space in Broken Arrow, Oklahoma.
      10912 S 265Th East Ave, Broken Arrow, OK 74014
      View Details
    • $925,000

      Live-Work Property with Large Lot

      Office, house, and large lot suitable for various uses.
      13008 193Rd East Ave, Broken Arrow, OK 74014
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space with pylon sign and ample parking.
    Where is this retail space located?
    The property is located at 900 S Aspen Ave Broken Arrow, OK.
    What are key features of this property?
    This property features: - High-traffic location with curb cuts on Aspen Ave and access from shopping center.; - Anchored by Westlake Ace Hardware, attracting consistent customer flow.; - Pylon sign for enhanced visibility.
    (317) 363-3246 Call to check price and availability
    Request Owner's contact information
    900 S Aspen Ave Broken Arrow, OK 74012
    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.
    900 S Aspen Ave
    Broken Arrow, OK 74012
    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
    900 S Aspen Ave Broken Arrow, OK 74012
    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 Logan Sadler
    Logan Sadler
    (317) 363-3246 (405) 272-5300 (405) 607-6361
    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!