Retail Property in Moore,
For Sale
$1,000,000
2100 N broadway Street, Moore, OK 73160
MULTI_FAMILY - Moore, OK
Property Size2,833 SF
Price / SF$352.98
Days on Market375
Property Features for 2100 N broadway Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Commercial
Directions
2100 N BROADWAY
Standard status
Active
APN
2100Nbroadway73160
Size
2,833 SF
Building Details
Year built
1966
Listing Agency:
Metro Connect Real Estate
(405) 265-1126
Listed By:
Zane Shelton · License #84658
(405) 550-4931
Added: Aug 3, 2025
Changed: Jul 28
Last Checked: Aug 12 at 12:06PM
MLS# 1183970
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.
Investment Insights
Based on property information with market context.
This commercial property, located in Moore, Oklahoma, is zoned for commercial use and suitable for retail purposes. The property offers 2,833 square feet of space. The property is located at 2100 N broadway Street, Moore, OK 73160.
Key Highlights
- Year Built: 1966
- Location: Latitude 35.35789, Longitude -97.50999
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$40,065
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.01%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$801,300
$801.3K
Cap Rate 7%
$572,357
$572.4K
Cap Rate 9%
$445,167
$445.2K
Market Conditions
NOI Build-Up for 2,833 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$62.2K $21.96/SF
− Vacancy
−$5.0K −$1.76/SF
EGI
$57.2K $20.20/SF
− OpEx
−$17.2K −$6.06/SF
NOI
$40.1K $14.14/SF
Area
ZIP 73160
Vacancy
8.00%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$801,300
Cap Rate 7%
$572,357
Cap Rate 9%
$445,167
Alternative Uses
Best Use
Retail
$572.4K
$500.8K – $667.8K
NOI $40,065 @ 7.0% cap · market cap 4.01%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$684.8K
$599.2K – $798.9K
NOI $47,934 @ 7.0% cap · market cap 4.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,110
Businesses Nearby
29k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 98%
Electronics 2%
OnCue Express
Shops & Services
23,606 visits/mo
0.3 miles
Enterprise Rent-A-Car
Shops & Services
1,738 visits/mo
0.5 miles
Intrust Bank
Shops & Services
1,252 visits/mo
0.1 miles
QuikStop
Shops & Services
1,029 visits/mo
Cricket Wireless Authorized Retailer
Electronics
654 visits/mo
0.5 miles
Demographics for 73160, OK
60,511
Population
25,055
Households
2.4
Avg Household Size
33
Median Age
28%
College-Educated
92%
High-School Grad
21.4 sq mi
ZIP Area
2,828
Density / Sq Mi
$76,407
Median Household Income
$41,156
Median Earnings
$1,245
Median Rent
$189,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail property for sale in Moore, Oklahoma, totaling 2,833 square feet.
Where is this retail space located?
The property is located at 2100 N broadway Street Moore, OK.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Year Built: 1966; Location: Latitude 35.35789, Longitude -97.50999
