Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Manning Rd El Reno, OK 73036

    Property Lookup

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

    Manning Rd El Reno, OK 73036

    View on Map
    • Land
    • 155.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Manning Rd

    Lot size
    155.00 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 155-acre agricultural property in Canadian County, Oklahoma, presents a unique investment opportunity. Located near El Reno and convenient to Oklahoma City amenities, this land boasts a serene pond and meanders along Purcell Creek. The property's zoning permits agricultural use, making it ideal for farming, ranching (cattle and horses), or a private estate. The southeastern portion offers breathtaking views along a tree-lined creek. The expansive acreage also presents potential for residential development, with the seller open to discussing splitting the property into 75 or 80-acre parcels. An additional 5 acres with a 2200 sq ft home are optionally available, further enhancing the property's potential. Priced at $2,325,000 ($15,000 per acre), this property offers a rare blend of rural tranquility and proximity to urban conveniences. This is a remarkable chance to acquire a significant land holding with diverse development possibilities. The property's address is Manning Rd, El Reno, OK 73036.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    El Reno
    County
    Canadian
    State
    Oklahoma
    Longitude
    -97.8664
    Latitude
    35.5095

    Comparable in this City

    • Value Estimation by Request
      30.00 Acres

      15Th St

      Farms • 30.00 Acres
      0 15Th St, El Reno, OK 73036
      View Details
    • Value Estimation by Request
      36.24 Acres

      81 Neq I-40 & Hwy

      Restaurants • 1 SF
      81 Neq I-40 & Hwy, El Reno, OK 73036
      View Details
    • Value Estimation by Request
      36.24 Acres

      81 Neq I-40 & Hwy

      Land • 1 SF
      81 Neq I-40 & Hwy, El Reno, OK 73036
      View Details
    • Value Estimation by Request
      5.00 Acres

      Choctaw Ave

      Land • 5.00 Acres
      0 Choctaw Ave, El Reno, OK 73036
      View Details
    • Value Estimation by Request
      3.45 Acres

      El Reno, OK 73036

      Land • 3.45 Acres
      El Reno, OK 73036
      View Details
    • Value Estimation by Request
      1.80 Acres

      1.8 Ac Tract

      Land • 1.80 Acres
      0 1.8 Ac Tract, El Reno, OK 73036
      View Details

    Similar Nearby for Sale

    • $999,900
      Pending

      160 Acres Near El Reno

      Expansive land parcel near El Reno, Oklahoma, ready for development.
      Elm St W, El Reno, OK 73036
      View Details
    • Contact for pricing
      Pending

      Land For Sale

      Land available for purchase on W London Street.
      617 W London St, El Reno, OK 73036
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale.
      1801 S Sara Rd, Oklahoma City, OK 73036
      View Details
    • $980,000
      28.00 Acres

      28 Acres with Arena, Stalls

      28-acre property with arena, stalls, and event potential.
      000 SW 44Th St, El Reno, OK 73036
      View Details
    • Contact for pricing

      El Reno Industrial Land

      20 acres of raw industrial land with I-40 access.
      3805 Jensen Rd E, El Reno, OK 73036
      View Details
    • Contact for pricing

      El Reno Industrial Land

      Developing industrial land west of Oklahoma City metro.
      S Choctaw Ave, El Reno, OK 73036
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      El Reno Industrial Land Available

      Industrial land for lease in El Reno, Canadian County, OK.
      2412 S Choctaw Ave, El Reno, OK 73036
      View Details
    • Contact for pricing

      Land For Lease or Sale

      Land available for lease or sale in El Reno, Oklahoma.
      Neq I-40 & Hwy 81, El Reno, OK 73036
      View Details
    • Contact for pricing

      El Reno Auto Shop Space

      8,000 SF auto shop with multiple drive-in doors.
      108 SE 27Th St, El Reno, OK 73036
      View Details
    • Contact for pricing

      El Reno Multi-Tenant Professional Building

      Multi-tenant building with available suite and drive-through potential.
      2005 Parkview Dr, El Reno, OK 73036
      View Details
    • $10,000 /Mo
      17,000 SF

      Warehouse with Fenced Lot

      17,000 SF warehouse with drive-in doors and fenced lot.
      2000 SW 27Th St, El Reno, OK 73036
      View Details
    • Contact for pricing
      7,450 SF

      El Reno Warehouse with Bays

      7,450 SF office/warehouse with drive-through bays for lease.
      1900 SW 27Th St, El Reno, OK 73036
      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.
    Manning Rd
    El Reno, OK 73036
    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!