Add Listing
    For Lease
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1500 E Eagle Rd Weatherford, OK

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Prime commercial land near Walmart and new I-40 exit.

    Type:LAND
    Lot size:
    1.77 Acres
    Added:
    Jan 25, 2023
    Days on Market:
    1192
    Last Refresh:
    Apr 5 at 10:22 pm

    Property Features for 1500 E Eagle Rd

    General Information

    Standard status
    Active
    Lot size
    1.77 Acres
    Property subtype
    LAND

    Spaces For Lease

    at 1500 E Eagle Rd Contact us

    We can help!

    Listing Contact
    David Hartnack
    David Hartnack

    Listing agent David Hartnack License ##156532

    Listing office NAI RED Commercial Real Estate

    Listing date Jan 25, 2023

    Source Moodyscre

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

    All listing content including descriptions, pricing, images are the copyrighted material of NAI RED Commercial Real Estate

    Overview

    Land Near Walmart and I-40

    This commercial land is located near Walmart and a new I-40 exit ramp. It is approximately 5 minutes from Southwestern Oklahoma State University, which has approximately 5,200 students. The property offers prime lots and development opportunities.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Law Firm Restaurant 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
    Weatherford
    County
    Custer
    State
    Oklahoma
    Longitude
    -98.6865
    Latitude
    35.5229

    Nearby Similar for Lease

    • $6,000/Mo

      Weatherford Industrial Property with Office

      Renovated industrial property with climate-controlled space and secured yard.
      1101 E Loomis Road, Weatherford, OK 73096
      View Details
    • $2,500/Mo

      Weatherford Commercial Space For Rent

      Modern commercial space in Weatherford, OK, with flexible layout.
      424 N State Street, Weatherford, OK 73096
      View Details
    • $2,350/Mo

      Weatherford Commercial Flex Space Available

      5,000 sq ft flex building on nearly an acre.
      901 W Ring Drive, Weatherford, OK 73096
      View Details
    • $16 SF/Yr

      Weatherford Retail Space For Rent

      High-visibility retail space with frontage on I-40 in Weatherford, OK.
      25254 S Frontage Rd, Weatherford, OK 73096
      View Details
    • $16 SF/Yr

      High-Visibility Retail Space For Rent

      Retail space with high-visibility frontage along I-40.
      25254 S Frontage Rd, Weatherford, OK 73096
      View Details
    • Contact for pricing

      Restaurant with Drive-Thru in Weatherford

      2,752 SF restaurant with drive-thru in Weatherford's retail corridor.
      925 E Main St, Weatherford, OK 73096
      View Details
    • Contact for pricing

      Land Near Walmart and University

      Commercial land available near Walmart and Southwestern Oklahoma State University.
      1200 E Eagle Rd, Weatherford, OK 73096
      View Details
    • Contact for pricing

      Former Restaurant with Drive-Thru

      2,584 SF restaurant space with drive-thru in Weatherford, OK.
      1009 E Main St, Weatherford, OK 73096
      View Details
    • Contact for pricing

      Prime Retail Outlots and Development

      Outlots and future development near Walmart and I-40.
      1349 E Eagle Rd, Weatherford, OK
      View Details
    • Contact for pricing

      Land Near Walmart and University

      Land available for rent near Walmart and Southwestern Oklahoma State.
      1200 E Eagle Rd, Weatherford, OK 73096
      View Details
    • $1,200/Mo

      Weatherford Retail Space For Rent

      Retail space in Weatherford, OK, renovated in 2016.
      1505 E Main Street, Weatherford, OK 73096
      View Details
    • Contact for pricing

      Drive-Thru Restaurant Sublease Opportunity

      Sublease opportunity with drive-thru in main retail corridor.
      925 E Main St, Weatherford, OK
      View Details

    FAQs

    What type of property is this?
    Land - Prime commercial land near Walmart and new I-40 exit.
    Where is this land located?
    The property is located at 1500 E Eagle Rd Weatherford, OK.
    What are key features of this property?
    This property features: Prime location near Walmart; Adjacent to new I‑40 exit ramp; Development potential
    (405) 761-8955 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing David Hartnack
    David Hartnack
    Real Estate License ID: #156532
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!