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

    400 S Elm Pl Broken Arrow, OK 74012

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

    600 sq ft office-retail space with high traffic exposure.

    Property size:
    800 SF
    Lot size:
    0.97 Acres

    Property Features for 400 S Elm Pl

    General Information

    Size
    800 SF
    Lot size
    0.97 Acres

    We can help!

    Listing Contact
    Sheila Cooper
    Sheila Cooper
    Source: Moodyscre

    Listing Agency: Bauer & Associates Listing Agent: Sheila Cooper

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

    Learn more

    Property Insight Report

    Overview

    Versatile Office-Retail Space Available

    Suite D offers a 600 square foot office-retail space, suitable for various uses ranging from retail to office setups. The open floor plan provides versatility. The property benefits from its location on South Elm Place, which sees a high traffic volume of 23,462 cars per day, according to Incog's 2024 data. The location provides convenient access to Broken Arrow Expressway (Hwy 51), facilitating smooth traffic flow. It is also located minutes away from the Rose District.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Royal Printing & Copy ... (Bike/Boat/Book/etc) Store Mission Purpose Fitness ... Gym & Fitness Center Stat Management Medical ... Medical Billing Service MoonBell Beadery (Bike/Boat/Book/etc) Store Premier Community Services Social Service Agency

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Broken Arrow
    County
    Wagoner
    State
    Oklahoma
    Longitude
    -95.7978994
    Latitude
    36.0493037

    Nearby Similar for Lease

    • $19 SF/Yr

      Retail Space For Lease

      Retail spaces available in Broken Arrow, Oklahoma shopping center.
      4650 West Kenosha, Broken Arrow, OK 74012
      View Details
    • $1,800 /Mo
      12,000 SF

      2,000 SF Flex Space Available

      Move-in ready flex space with warehouse and drive-in door.
      305 N Redbud Ave, Broken Arrow, OK 74012
      View Details
    • $28 SF/Yr
      1,029 SF

      Retail Space in Broken Arrow

      Retail space available in Broken Arrow, Oklahoma near major retailers.
      2050 West Kenosha St, Broken Arrow, OK 74012
      View Details
    • $16 SF/Yr
      2,572 SF

      Broken Arrow Garden Office Space

      Upgraded office space in premier Broken Arrow location for rent.
      3040 N Hemlock Cir, Broken Arrow, OK 74012
      View Details
    • $19 SF/Yr
      2,878 SF

      Remodeled Office Building For Rent

      Freestanding, remodeled office building with garage available for rent.
      305 N Beech Cir, Broken Arrow, OK 74012
      View Details
    • $28 SF/Yr
      5,200 SF

      Retail Space in Broken Arrow

      Retail space for lease with high-traffic location and co-tenants.
      854 East Hillside Dr, Broken Arrow, OK 74012
      View Details
    • $24 SF/Yr

      Retail Space in Broken Arrow

      Retail space for lease with easy highway access.
      1700 North 9Th St, Broken Arrow, OK 74012
      View Details
    • $19 SF/Yr

      Broken Arrow Medical/Office Space

      2659 SF medical/office space available for lease.
      4800 W San Antonio St, Broken Arrow, OK 74012
      View Details
    • $8 SF/Yr
      7,443 SF

      Broken Arrow Warehouse Space Available

      7,443 SF warehouse space available for lease.
      2620 North Hemlock Cir, Broken Arrow, OK 74012
      View Details
    • Contact for pricing
      1,000 SF

      Retail Space in Broken Arrow

      Retail space available for lease in Broken Arrow, Oklahoma.
      816-866 S Aspen Ave, Broken Arrow, OK 74012
      View Details
    • Contact for pricing
      1,600 SF

      Retail Space Available For Lease

      Retail space available for lease in Broken Arrow, Oklahoma.
      2200 W Houston St, Broken Arrow, OK 74012
      View Details
    • Contact for pricing
      1,000 SF

      Retail Space Near Broken Arrow

      Retail space with high visibility near Broken Arrow Expressway.
      1208 E Kenosha St, Broken Arrow, OK 74012
      View Details

    FAQs

    What type of property is this?
    Office units - 600 sq ft office-retail space with high traffic exposure.
    Where is this office units located?
    The property is located at 400 S Elm Pl Broken Arrow, OK.
    What are key features of this property?
    This property features: - High Traffic Location: South Elm frontage with 23,462 cars per day provides maximum exposure.; - Convenient Access: Quick and easy access to Broken Arrow Expressway (Hwy 51) ensures smooth traffic flow.; - Proximity to the Rose District: Located just minutes away from the vibrant and growing Rose District.
    (918) 724-5140 Call to check price and availability
    Request Owner's contact information
    400 S Elm Pl 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.
    400 S Elm Pl
    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
    400 S Elm Pl 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 Sheila Cooper
    Sheila Cooper
    Real Estate License ID: 152963
    (918) 724-5140 (918) 665-1210
    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!