Commercial Building with Ample
For Sale
$2,600,000
9229 S I 35 Service Rd, Moore, OK 73160
Commercial-zoned 2010-built facility with versatile layout, designed for an automotive business and supported by high daily traffic counts.
Property Size11,824 SF
Price / SF$219.89
Days on Market49
Property Features for 9229 S I 35 Service Rd
General Information
Standard status
Active
Size
11,824 SF
Property subtype
Automobile Sales
Zoning
Commercial
Additional Details
Traffic Count
135,000 vehicles/day
Building Details
Building Size
11,824 SF
Year Built
2010
Listing Agency:
eXp Commercial - OK
(405) 473-9333
Listed By:
Tripp Cunningham · License #OK #144372
Source:
7s
Added: Jun 25
Changed: Aug 8
Last Checked: Aug 11 at 6:01AM
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 eXp Commercial - OK
Investment Insights
Based on property information with market context.
Offered for lease at $16,750 per month, or available for purchase with owner financing (30% down), this 11,824 SF commercial-zoned building was constructed in 2010. The property is currently configured to support an automobile business and includes a versatile layout with modern amenities. Ample on-site parking supports day-to-day access for customers and employees.
The building is located at 9229 S I 35 Service Rd in Moore, Oklahoma, in the Moore area. Visibility is a key attribute, with traffic volume reported at 135,000 cars passing by daily, which can help keep the site in view for motorists and drive-by customers.
For tenants and operators, the existing automotive-oriented setup and flexible interior arrangement may be well suited for car-related showroom and service functions, subject to business requirements and applicable approvals. The well-maintained, relatively newer construction, combined with the property’s commercial zoning and parking availability, provides a practical platform for businesses looking for a visible presence in the Moore market.
The building is located at 9229 S I 35 Service Rd in Moore, Oklahoma, in the Moore area. Visibility is a key attribute, with traffic volume reported at 135,000 cars passing by daily, which can help keep the site in view for motorists and drive-by customers.
For tenants and operators, the existing automotive-oriented setup and flexible interior arrangement may be well suited for car-related showroom and service functions, subject to business requirements and applicable approvals. The well-maintained, relatively newer construction, combined with the property’s commercial zoning and parking availability, provides a practical platform for businesses looking for a visible presence in the Moore market.
Key Highlights
- Commercial‑zoned property with an 11,824 SF building built in 2010
- Currently set up for an automobile/car business with a versatile layout
- Lease offered at $16,750 per month or owner financing available
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
$167,218
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
6.43%
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%
$3,344,360
$3.3M
Cap Rate 7%
$2,388,829
$2.4M
Cap Rate 9%
$1,857,978
$1.9M
Market Conditions
NOI Build-Up for 11,824 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
$259.7K $21.96/SF
− Vacancy
−$20.8K −$1.76/SF
EGI
$238.9K $20.20/SF
− OpEx
−$71.7K −$6.06/SF
NOI
$167.2K $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%
$3,344,360
Cap Rate 7%
$2,388,829
Cap Rate 9%
$1,857,978
Alternative Uses
Best Use
Retail
$2.39M
$2.09M – $2.79M
NOI $167,218 @ 7.0% cap · market cap 6.43%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.86M
$2.50M – $3.33M
NOI $200,062 @ 7.0% cap · market cap 7.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
135,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
887
Businesses Nearby
133k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 34%
Groceries 31%
Dining 29%
Apparel 6%
Walmart Neighborhood Market
Groceries
40,843 visits/mo
0.3 miles
McDonald's
Dining
26,340 visits/mo
0.2 miles
Moore #3
Shops & Services
16,800 visits/mo
0.3 miles
Dollar Tree
Shops & Services
14,816 visits/mo
0.5 miles
Dollar General
Shops & Services
9,350 visits/mo
0.2 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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Showroom - Commercial-zoned 2010-built facility with versatile layout, designed for an automotive business and supported by high daily traffic counts.
Where is this showroom located?
The property is located at 9229 S I 35 Service Rd Moore, OK.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Commercial‑zoned property with an 11,824 SF building built in 2010; Currently set up for an automobile/car business with a versatile layout; Lease offered at $16,750 per month or owner financing available
