Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    114 Broadway Ave Cushing, OK 74023
    Back to Search
    Property profile & analytics

    114 Broadway Ave, Cushing, OK 74023

    View on Map
    • Mixed-use properties
    • 1,900 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Mixed-use properties

    Property Details for 114 Broadway Ave

    Property type
    Mixed-use properties

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cushing
    County
    Payne
    State
    Oklahoma
    Longitude
    -96.7733
    Latitude
    35.9803

    Comparable in this City

    • Value Estimation by Request
      466,092 SF

      9321 Norfolk Rd

      Multifamily properties
      9321 Norfolk Rd, Cushing, OK 74023
      View Details
    • Value Estimation by Request
      2,280 SF

      Cushing, OK 74023

      COMMERCIAL (GENERAL)
      Cushing, OK 74023
      View Details
    • Value Estimation
      $25,600,000
      123,280 SF

      3200 Kings Hwy

      COMMERCIAL (GENERAL)
      3200 Kings Hwy, Cushing, OK 74023-5355
      View Details
    • Value Estimation by Request
      160 SF

      2418 Linwood Ave

      COMMERCIAL (GENERAL)
      2418 Linwood Ave, Cushing, OK 74023
      View Details
    • Value Estimation by Request
      3,675 SF

      112 Moses St

      COMMERCIAL (GENERAL)
      112 Moses St, Cushing, OK 74023-3346
      View Details
    • Value Estimation by Request
      1,696 SF

      1217 Main St

      COMMERCIAL (GENERAL)
      1217 Main St, Cushing, OK 74023-3047
      View Details

    Similar Nearby for Sale

    • $688,000
      160.00 Acres

      160 Acres of Oklahoma Land

      Diverse land with timber, pasture, ponds, and dual road frontage.
      75060 S 3570 Rd, Cushing, OK 74023
      View Details
    • $8,712,000

      Prime Commercial Land Opportunity

      80 acres at high-traffic intersection, ideal for various commercial uses.
      7820 E Main St, Cushing, OK 74023
      View Details
    • $500,000
      Pending

      300+ Acres Ranch Land

      300+ acres of ranch land, perfect for cattle.
      E Fairlawn Rd, Cushing, OK 74023
      View Details
    • $289,900
      2,385 SF

      Cushing Commercial Office Opportunity

      Versatile commercial office near Hillcrest Hospital with expansion potential.
      1002 E Cherry St, Cushing, OK 74023
      View Details
    • Contact for pricing
      Pending

      Land Available in Cushing, OK

      Land for sale in Cushing, Oklahoma.
      1133 E Pecan St, Cushing, OK 74023
      View Details
    • New
      $350,000
      80.00 Acres

      Fenced Pasture Land with Ponds

      Productive, fenced pasture with two stocked ponds and established corrals, offering flexible options for grazing and recreation.
      S 3470 Rd, Agra, OK 74023
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr

      Former Walgreens Retail Space

      Former Walgreens available for lease.
      1405 East Main St, Cushing, OK 74023
      View Details
    • Contact for pricing
      79,050 SF

      Warehouse Space in Cushing, Oklahoma

      79,050 square foot warehouse space available for lease.
      1200 N Maitlen Dr, Cushing, OK 74023
      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.
    114 Broadway Ave
    Cushing, OK 74023
    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

    Thank You for Inquiry
    114 Broadway Ave, Cushing, OK, 74023
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!