Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3480 Boulevard Edmond, OK 73013
    Back to Search
    Property profile & analytics

    3480 Boulevard Edmond, OK 73013

    View on Map
    • Retail properties & Spaces
    • 8,933 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Bank of America ATM (Drive-thru) / Atm

    Property Details for 3480 Boulevard

    Property size
    8,933 SF
    Property type
    Retail properties & Spaces

    Description

    This exceptional retail property, located at 3480 S Blvd in Edmond, Oklahoma (zip code 73013), offers a unique investment opportunity. The property boasts a flexible footprint, ranging from approximately 8,933 square feet to a substantial 65,192 square feet of land. Its strategic location provides excellent visibility, particularly from the intersection of East 33rd Street, ensuring high traffic exposure for any business. The property is zoned D-2, offering versatility for a range of retail uses. On-site utilities are readily available, simplifying operational needs. Convenient access is provided by two curb cuts directly on South Boulevard, enhancing accessibility for customers and deliveries. The property is currently for sale. Contact us for detailed pricing information and to explore the potential of this prime retail location in the thriving Edmond market. The property's size and zoning make it suitable for a variety of retail concepts. Its prominent location and ample parking ensure high visibility and accessibility.

    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
    -97.4775
    Latitude
    35.6214

    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
      2,271 SF

      1200 15Th St

      Restaurants • 2,271 SF
      1200 15Th St, Edmond, OK 73013
      View Details
    • Value Estimation by Request
      18,044 SF

      3406 Broadway

      Retail properties & Spaces • 18,044 SF
      3406 Broadway, Edmond, OK 73013
      View Details
    • Value Estimation by Request
      33,850 SF

      130 150Th St

      Land • 33,850 SF
      130 150Th St, Edmond, OK 73013
      View Details
    • Value Estimation by Request
      11,222 SF

      2703-2715 I-35 Frontage Rd

      Neighborhood centers • 11,222 SF
      2703-2715 I-35 Frontage Rd, Edmond, OK 73013
      View Details
    • Value Estimation by Request
      7,800 SF

      Bryant Ave

      Land • 7,800 SF
      0 Bryant Ave, Edmond, OK 73013
      View Details

    Similar Nearby for Sale

    • 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
      30,912 SF

      Prime Retail Space Available

      51,215 SF retail space at high-traffic intersection.
      1600-1632 S Broadway, Edmond, OK 73013
      View Details
    • Contact for pricing
      10,000 SF

      Prime Retail Investment Opportunity

      Strategically located retail property with high visibility and traffic.
      1200 E 15Th St, Edmond, OK 73013
      View Details
    • Contact for pricing
      12,400 SF

      Hibernian Plaza Retail Opportunity

      Retail property in Edmond, OK with 8% cap rate.
      13801 N Western Ave, Edmond, OK 73013
      View Details
    • 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

    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 Commercial Space For Lease

      Flexible spaces suitable for showrooms, storage, retail, and more.
      7300 NW 164Th St, Edmond, OK 73013
      View Details
    • Contact for pricing

      Retail Space For Lease

      Retail space available for lease in Edmond, Oklahoma.
      1501 S Broadway, Edmond, OK 73013
      View Details
    • Contact for pricing
      50,000 SF

      Versatile Office or Retail Suites

      Renovated office space with retail potential in Eagle Crest Center.
      3000 E Memorial Rd, 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

      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
    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.
    3480 Boulevard
    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

    Thank You for Inquiry
    3480 Boulevard, Edmond, OK, 73013
    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!