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    805 Eastern Ave Moore, OK 73160

    For Sale
    $697,851

    Prime 3-acre site, high ROI potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 3.04-acre commercial land parcel, located at 805 S. Eastern Ave, Moore, OK 73160 (APN: SDC2 10 3W 23024), presents a compelling investment opportunity. Currently zoned C-3 General Commercial District, this property is ideally suited for self-storage development, capitalizing on the strong market demand. The asking price is $697,851, projecting a pro-forma NOI of $72,060 and a 10.33% cap rate. Situated within the Oklahoma City MSA, this site benefits from robust demographics, including a 3-mile average household income (AHHI) of $90,000 and a 3-mile population of 73,458 residents. The location offers significant potential for a multi-story development, allowing for increased scale and profitability. This is a rare chance to acquire a high-quality development site in a thriving market, poised for substantial returns. Serious inquiries only. All information is deemed reliable but not guaranteed.

    Property Features for 805 Eastern Ave

    General Information

    Property type
    Land
    Lot Size
    132,422 SF

    HighLights

    • High‑quality 3.04‑acre commercial land ideal for self‑storage development in Moore, OK, within the Oklahoma City MSA.
    • Strong demographics: 3‑mile average household income of $90,000 and a 3‑mile population of 73,458.
    • Multi‑story development potential for increased scale and profitability.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Moore
    County
    Cleveland
    State
    Oklahoma
    Longitude
    -97.4776112
    Latitude
    35.3316022

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    FAQs

    What type of property is this?
    Land - Prime 3-acre site, high ROI potential.
    Where is this land located?
    The property is located at 805 Eastern Ave Moore, OK.
    What is the asking price?
    The asking price for this property is $697,851.
    What are key features of this property?
    This property features: High-quality 3.04-acre commercial land ideal for self-storage development in Moore, OK, within the Oklahoma City MSA.; Strong demographics: 3-mile average household income of $90,000 and a 3-mile population of 73,458.; Multi-story development potential for increased scale and profitability.
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    805 Eastern Ave Moore, OK 73160
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    Moore, OK 73160
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    Realmo Value Estimation

    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.

    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.

    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
    805 Eastern Ave Moore, OK 73160
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