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

    1020 NW 192nd St Edmond, OK 73012

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

    Newer shopping center with signage opportunities in a developing area.

    Type:Retail
    Added:
    Sep 4, 2018
    Days on Market:
    2787
    Last Refresh:
    Mar 17 at 1:16 pm

    Property Features for 1020 NW 192nd St

    General Information

    Standard status
    Active
    Property subtype
    Retail

    Building Details

    Year Built
    2017

    Spaces For Lease

    at 1020 NW 192nd St Contact us

    Suite C $19 /Mo

    Size
    1,600 SF
    Type
    Retail
    Lease Rate: $19.00 SF/yr (NNN)nNNN Rate: $4.43/SF
    Contact us

    Suite J $19 /Mo

    Size
    1,600 SF
    Type
    Retail
    Lease Rate: $19.00 SF/yr (NNN)nNNN Rate: $4.43/SF
    Contact us

    Suite F $19 /Mo

    Size
    4,385 SF
    Type
    Retail
    Lease Rate: $19.00 SF/yr (NNN)nNNN Rate: $4.43/SF
    Contact us

    We can help!

    Listing Contact
    Emily Duncan Belusko

    Listing agent Emily Duncan Belusko License #OK 205976

    Listing office Fleske Commercial Group

    Listing date Sep 4, 2018

    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 Fleske Commercial Group

    Overview

    Upscale Retail Center in Edmond

    The Stonebriar Retail Center is an upscale shopping center located at the southeast corner of Western Avenue and Northwest 192nd Street (Danforth) in Edmond. Available spaces offer opportunities for signage. The property is surrounded by new development and has curb cuts off of Western Avenue and 192nd Street.
    Location Intelligence

    Current Use by Public Records

    Donuts Bakery Bakery AR Workshop Edmond Art Studio Blissfully you llc Hair Salon Amazon Hub Counter ... Courier Service GetWell Rx Pharmacy ... Pharmacy

    Suggested Use

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

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

    Similar Places Nearby

    • Homestead Center — 1333 N Santa Fe Ave, Edmond, OK 73012

    Location Insight

    • Map
    • Local Demand
    City
    Edmond
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.5306084
    Latitude
    35.6670218

    Nearby Similar for Lease

    • Contact for pricing

      Remodeled Commercial Space in Edmond

      Remodeled commercial space with private entry and two bathrooms.
      26 E 9th Street, Edmond, OK 73034
      View Details
    • Contact for pricing

      Corner Commercial Rentals in Edmond, OK

      Spacious commercial rentals on the corner of Waterloo Road and Kelley.
      1101 W Waterloo Road unit: 1, Edmond, OK 73025
      View Details
    • Contact for pricing

      Edmond Commercial Flex Space Rental

      Spacious commercial rentals with high ceilings at a visible intersection.
      1101 W Waterloo Road unit: 3, Edmond, OK 73025
      View Details
    • Contact for pricing

      Office/Warehouse Flex Space Available

      Flex space with office and warehouse components for lease.
      2800 South Coltrane Place, Edmond, OK 73034
      View Details
    • $12/mo

      Versatile Flex Space For Rent

      3,200 SF flex space with office and warehouse areas.
      600 W 18th St, Edmond, OK 73013
      View Details
    • Sponsored
      Contact for pricing

      OK, Edmond - S Broadway

      3209 Broadway, Unit 229, Edmond, OK 73013
      View Details
    • Contact for pricing

      Office Space with Open Layout

      Office suite for rent with utilities and maintenance included.
      120 North Bryant Avenue, Edmond, OK 73034
      View Details
    • Contact for pricing

      East Edmond Executive Office Space

      Class A office space in East Edmond available for rent.
      317 Lilac Drive, Edmond, OK 73034
      View Details
    • Contact for pricing

      Spacious Offices on South Kelly

      Office space for rent with ample parking and utilities included.
      2529 S Kelly, Edmond, OK 73013
      View Details
    • Contact for pricing

      Executive Office Space For Rent

      Class A office space available for immediate occupancy in Edmond.
      3325 French Park Drive, Edmond, OK 73034
      View Details
    • Contact for pricing

      Executive Office Space For Rent

      Class A office space available for immediate occupancy in Edmond.
      301 Lilac Drive, Edmond, OK 73034
      View Details
    • Contact for pricing

      Coltrane Place Flex Space

      Flex space available for lease on Coltrane Place.
      2700 - 2701 Coltrane Place, Edmond, OK 73034
      View Details

    FAQs

    What type of property is this?
    Shopping center - Newer shopping center with signage opportunities in a developing area.
    Where is this shopping center located?
    The property is located at 1020 NW 192nd St Edmond, OK.
    What are key features of this property?
    This property features: Newer, upscale shopping center built in 2017.; Located at the high‑traffic intersection of Western Ave & NW 192nd St (Danforth) in Edmond.; Surrounded by new development.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Emily Duncan Belusko
    Real Estate License ID: OK 205976
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!