Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Freestanding Medical Office Building For Sale Title is generated by Realmo AI

    400 N Eastern Ave, Moore, OK 73160

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

    9,600 SF medical office building on 1.92 acres.

    Type:Office
    Property size:
    9,600 SF
    Lot size:
    1.92 Acres
    Price / SF:
    $406/SF
    Added:
    Mar 10, 2026
    Days on Market:
    64
    Last Refresh:
    Mar 19 at 10:22 pm

    Property Features for 400 N Eastern Ave

    General Information

    Standard status
    Active
    Size
    9,600 SF
    Lot size
    1.92 Acres
    Property subtype
    Office

    Building Details

    Year Built
    1975

    We can help!

    Listing Contact
    Chris Johnson
    Chris Johnson

    Listing agent Chris Johnson License #OK 200452

    Listing office Johnson Commercial Group

    Listing date Mar 10, 2026

    Source Crexi

    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 Johnson Commercial Group

    HighLights

    • Freestanding 9,600 SF medical office building
    • Leased to Just Kids Pediatrics, a growing multi‑clinic pediatric healthcare provider
    • 10‑year lease signed in 2022 with two 5‑year renewal options
    • 2% annual rent increases beginning in year six
    • Situated on 1.92 acres in Moore, Oklahoma
    • High traffic location with approximately 14,297 vehicles per day

    Overview

    This is a freestanding 9,600 SF medical office building on a 1.92-acre lot in Moore, Oklahoma. The property is currently leased to Just Kids Pediatrics, a multi-clinic pediatric healthcare provider. The tenant roster includes over 30 medical professionals across multiple locations. A 10-year lease was signed in 2022, which includes two 5-year renewal options. The lease structure incorporates 2% annual rent increases starting in year six. The property is located along a busy corridor near the intersection of Eastern Avenue and Main Street, with a traffic count of approximately 14,297 vehicles per day. The surrounding area features medical and residential developments.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical Office Space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places Nearby

    • Silver Leaf Animal Hospital — 530 N Eastern Ave, Moore, OK 73160

    Location Insight

    • Map
    • Local Demand
    City
    Moore
    County
    Cleveland
    State
    Oklahoma
    Longitude
    -97.4761836
    Latitude
    35.3348392

    Nearby Similar for Sale

    • $699,000
      5,620 SF

      Established Office Building with Tenants

      Landmark office building with long-term tenants and high traffic.
      504 Tower Drive, Moore, OK 73160
      View Details
    • $590,000
      4,260 SF

      Well-Maintained Triplex in Moore, OK

      Turnkey triplex with modern units, stable income, and desirable location.
      779 SW 14th Street, Moore, OK 73160
      View Details
    • $799,000

      Highway Frontage Commercial Opportunity

      Commercial property with high visibility on I-35 in Moore, OK.
      320 N Interstate Highway 35 Service Road, 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 Street, Moore, OK 73160
      View Details
    • Contact for pricing
      2,720 SF

      Del Taco Restaurant For Sale

      Corporate guaranteed lease with 8 years remaining in Moore, OK.
      770 SW 19th St, 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
    • $1,350
      6,944 SF

      Retail Space in High-Traffic Area

      Retail space available within a high-traffic retail strip.
      1912 S Eastern Avenue, Moore, OK 73160
      View Details
    • $3,000,000

      Retail Space with I-35 Frontage

      Retail space for sale on I-35 service road.
      2160 S I 35 Service Road, Moore, OK 73160
      View Details
    • $639,000

      Industrial Property Renovated in 2025

      Industrial property for sale, recently renovated in 2025.
      1809 S Eastern Ave, Moore, OK 73160
      View Details
    • $1,500

      Retail Space in High Traffic

      Retail space available within 7-11 retail strip.
      646 NW 12 Street, Moore, OK 73160
      View Details
    • $2,520,000
      12,000 SF

      Industrial Building For Sale

      12,000 SF industrial building available for purchase.
      2500 N Shields Blvd, Moore, OK 73160
      View Details
    • Contact for pricing
      12,298 SF

      Retail Space with Drive-Thru

      Retail space with drive-thru, clear loading, and ample parking.
      1201 NW 12th St , Moore, OK
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - 9,600 SF medical office building on 1.92 acres.
    Where is this medical office space located?
    The property is located at 400 N Eastern Ave Moore, OK.
    What is the asking price?
    The asking price for this property is $3,900,000.
    What are key features of this property?
    This property features: Freestanding 9,600 SF medical office building; Leased to Just Kids Pediatrics, a growing multi‑clinic pediatric healthcare provider; 10‑year lease signed in 2022 with two 5‑year renewal options
    (903) 583-8538 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Chris Johnson
    Chris Johnson
    Real Estate License ID: OK 200452
    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

    Thank You for Inquiry
    400 N Eastern Ave, Moore, OK 73160
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!