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    Property profile & analytics

    12300 Pine St Edmond, OK 73034

    • Warehouses
    • 12,000 SF
    • 1.25 lot acres
    For Sale
    View listing
    $1,049,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 12300 Pine St

    Year built
    2022
    Lot size
    1.25 lot acres
    Property size
    12,000 SF
    Property type
    Warehouses
    Property subtype
    Industrial properties

    Description

    This exceptional 12,000-square-foot flex warehouse in Edmond, Oklahoma's Freedom Market Center, presents a unique owner-user opportunity. Built in 2022, this Class B industrial property boasts a single story, 16-foot ceiling height, and sits on a 1.25-acre lot. The building is currently vacant and offers ample space for various business needs. The asking price is $1,049,000 ($87.42/sq ft). Located just four minutes from I-35, this convenient location provides easy access to major transportation routes. The property features a shared drive for truck access and extensive yard space, available for purchase or lease in sizes ranging from 0.75 to 4 acres. Two-phase power is readily available. The development includes a Property Owners Association to maintain common areas. A 3 HP VFD water well is also on the property. Note that cannabis cultivation is prohibited within this development. The dead-end road provides a secure and efficient loading and unloading area. The 5.25% sales tax rate applies. This is an ideal space for businesses seeking a modern, functional, and strategically located warehouse facility.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Edmond
    County
    Logan
    State
    Oklahoma
    Longitude
    -97.4073
    Latitude
    35.7513

    Comparable in this City

    • Value Estimation by Request
      8,580 SF

      11401 Black Sand Dr

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    • Value Estimation
      $9,525,000
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      6222 Boucher Dr

      MINI-WAREHOUSE, STORAGE • 20,800 SF
      6222 Boucher Dr, Edmond, OK 73034-9257
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      10,500 SF

      6333 Boucher Dr

      WAREHOUSE, STORAGE • 10,500 SF
      6333 Boucher Dr, Edmond, OK 73034-9258
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    • Value Estimation
      $1,650,000
      61,090 SF

      6600 Coltrane Rd

      MINI-WAREHOUSE, STORAGE • 61,090 SF
      6600 Coltrane Rd, Edmond, OK 73034
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    • Value Estimation by Request
      10,464 SF

      6600 Industrial Blvd

      WAREHOUSE, STORAGE • 10,464 SF
      6600 Industrial Blvd, Edmond, OK 73034-9496
      View Details
    • Value Estimation
      $735,000
      12,500 SF

      3720 2nd St

      WAREHOUSE, STORAGE • 12,500 SF
      3720 2nd St, Edmond, OK 73034-7303
      View Details

    Similar Nearby for Sale

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      Freedom Market Center Flex Warehouse

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    • $849,000
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      Edmond Warehouse with Fenced Yard

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    • $1,100,000
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      Edmond Car Wash & Land Investment

      High-value land, E-2 zoning, Edmond, OK.
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      Edmond Corner Commercial Land

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    • $2,321,748
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      Edmond Commercial Land - 5.33 Acres

      Prime Edmond location, high visibility, E-2 zoning.
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    Similar Nearby for Lease

    • $10 SF/Yr
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      Edmond Industrial Flex Space

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      Prime Industrial Warehouse Space

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      Edmond Flex Space with Yard

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      400 S Coltrane Rd, Edmond, OK 73034
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    • $6,000 /Mo
      6,519 SF

      Industrial Space Available For Lease

      6,519 SF warehouse/industrial space for lease in Edmond, OK.
      5740 Industrial Blvd, Edmond, OK 73034
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    • $2,800 /Mo
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      Flex Space For Rent

      Flex space featuring office and warehouse areas available for rent.
      2800 Coltrane Pl, Edmond, OK 73034
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    • $15 SF/Yr
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      Edmond Dental Office Space

      Customizable dental office space in a prime Edmond location.
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    12300 Pine St
    Edmond, OK 73034
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    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
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