Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    160 150Th St Edmond, OK 73013

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    160 150Th St Edmond, OK 73013

    View on Map
    • Commercial real estate
    • 6,000 SF
    • 0.98 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Spectrum Paint / Hardware & Home Improvement / Building Supply

    Property Details for 160 150Th St

    Year built
    2017
    Lot size
    0.98 lot acres
    Property size
    6,000 SF
    Property type
    Commercial real estate

    Description

    This exceptional 6,000 square foot commercial property, situated on a 0.98-acre lot in the desirable Santa Fe Crossings Business Park, presents a unique opportunity for lease. Located on the Oklahoma City side of NE 150th Street in Edmond, Oklahoma, this property boasts a prime location with high visibility and abundant parking. The building features a convenient 12 x 14 drive-in door, allowing for easy loading and unloading of goods. The interior offers 14-16 foot clear heights, providing ample space for various business needs. Two bathrooms are included for employee and customer convenience. The property faces north, offering optimal natural light. This location is situated within a high household income area, ensuring a strong customer base. The property is available for lease only, allowing the tenant to create their ideal workspace within the existing structure. This is an exceptional opportunity to establish a business in a thriving and highly visible location within the Edmond/Oklahoma City metro area. The Santa Fe Crossings Business Park offers a professional and well-maintained environment. Don't miss this chance to secure this exceptional commercial space.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Edmond
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.5106
    Latitude
    35.6235

    Comparable in this City

    • Value Estimation by Request
      10,800 SF

      900 150Th St

      Retail properties & Spaces • 10,800 SF
      900 150Th St, Edmond, OK 73013
      View Details
    • Value Estimation by Request
      1,401 SF

      1616 19th St

      COMMERCIAL (GENERAL) • 1,401 SF
      1616 19th St, Edmond, OK 73013-6627
      View Details
    • Value Estimation by Request
      1,092 SF

      1616 19th St

      COMMERCIAL (GENERAL) • 1,092 SF
      1616 19th St, Edmond, OK 73013-6627
      View Details
    • Value Estimation by Request
      802 SF

      1600 19th St

      COMMERCIAL (GENERAL) • 802 SF
      1600 19th St, Edmond, OK 73013-6622
      View Details
    • Value Estimation by Request
      446 SF

      1616 19th St

      COMMERCIAL (GENERAL) • 446 SF
      1616 19th St, Edmond, OK 73013-6627
      View Details
    • Value Estimation by Request
      991 SF

      1800 Cyn Park Cir

      COMMERCIAL (GENERAL) • 991 SF
      1800 Cyn Park Cir, Edmond, OK 73013-6630
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      54,000 SF

      Commercial Land For Sale

      Commercial lot suitable for retail, office, or mixed-use developments.
      and western 164Th St, Edmond, OK 73013
      View Details
    • Contact for pricing

      Prime Retail Location in Edmond

      High-quality retail center with market-leading tenants and excellent visibility.
      1189 E 15Th St, Edmond, OK 73013
      View Details
    • Contact for pricing

      Land For Sale Edmond, OK

      Land available for sale in Edmond, Oklahoma.
      13854 Pawnee Dr, Edmond, OK 73013
      View Details
    • Contact for pricing
      1 SF

      Compact Dirt Development Opportunity

      Land with utilities, site plans, and PUD zoning.
      15200 Traditions Blvd, Edmond, OK 73013
      View Details
    • Contact for pricing

      Land Near I-35 and Memorial

      Easily accessible land suitable for various developments.
      5709 E Memorial Rd, Edmond, OK 73013
      View Details
    • Contact for pricing

      Land Available on Air Depot

      Commercial land for sale with utilities on site.
      1725 N Air Depot Blvd, Edmond, OK 73013
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      6,220 SF

      Edmond Retail Space - Ready to Build

      Prime Edmond location, 6,220 sq ft, redevelopment ready.
      3600 Broadway, Edmond, OK 73013
      View Details
    • Contact for pricing

      Adaptable Office Warehouse Space Available

      Flexible office/warehouse space for rent in Edmond, Oklahoma.
      7304 NW 164Th St, Edmond, OK 73013
      View Details
    • Contact for pricing

      Class-A Office Space Available

      Unique office suites blending classic charm and modern sophistication.
      15812 N Pennsylvania Ave, Edmond, OK 73013
      View Details
    • Contact for pricing

      Edmond Industrial/Flex Building For Rent

      Industrial/flex building in Edmond with office and warehouse space.
      304 NE 145 Pl, Edmond, OK 73013
      View Details
    • Contact for pricing

      End Cap Retail/Office Space

      Well-maintained property with competitive lease rates and excellent foot traffic.
      180 W 15Th St, Edmond, OK 73013
      View Details
    • Contact for pricing

      Prime Retail Space in Edmond

      Retail space available in a high-quality boutique center.
      1289 E 15Th St, Edmond, OK 73013
      View Details
    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.
    160 150Th St
    Edmond, OK 73013
    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!