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    2501 Us-64 Guymon, OK 73942
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    Property profile & analytics

    2501 Us-64, Guymon, OK 73942

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    • Lifestyle centers
    • 51,985 SF
    • 10.53 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Lifestyle centers

    Property Details for 2501 Us-64

    Lot size
    10.53 lot acres
    Property type
    Lifestyle centers
    Property subtype
    Power centers

    Description

    This exceptional 51,985 square foot shopping center in Guymon, Oklahoma, presents a compelling investment opportunity with a 7.25% cap rate and a strong NOI of $600,000. The property, located at 2501 US-64, boasts two units situated on a 10.53-acre lot. Priced at $8,250,000 ($144.27/sq ft), it offers a double net lease structure, minimizing landlord responsibilities. A significant investment of over $6,000,000 in tenant improvements has been made by Guymon Social, enhancing the property's value and appeal. Tractor Supply, a major tenant, recently signed a brand new 15-year lease extension, demonstrating long-term commitment to the location. Further strengthening the investment potential, rental increases are scheduled for 2026 and 2028, projected to boost NOI to $633,750. The property also includes a family entertainment center offering diverse attractions such as bowling, arcade games, axe throwing, billiards, ping pong, and a full-service restaurant, contributing to its robust tenant mix and overall profitability. This property is ideally suited for investors seeking a stable, high-return retail investment with significant upside potential. The property is located in Texas County, Oklahoma, zip code 73942.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Guymon
    County
    Texas
    State
    Oklahoma
    Longitude
    -101.483
    Latitude
    36.7049

    Comparable in this City

    • Value Estimation by Request
      17,252 SF

      1004 Us-54

      Individual retail properties
      1004 Us-54, Guymon, OK 73942
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    • Value Estimation by Request
      9,026 SF

      1414 Main St

      Individual retail properties
      1414 Main St, Guymon, OK 73942
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    • Value Estimation
      $860,000
      99,200 SF

      1934 Hwy 64

      SHOPPING CENTER, STRIP CENTER
      1934 Hwy 64, Guymon, OK 73942-2744
      View Details
    • Value Estimation
      $640,000
      22,770 SF

      2602 Hwy 64

      SHOPPING CENTER, STRIP CENTER
      2602 Hwy 64, Guymon, OK 73942-2751
      View Details
    • Value Estimation by Request
      6,600 SF

      106 Quinn St

      RETAIL STORES (PERSONAL SERVICES)
      106 Quinn St, Guymon, OK 73942-5155
      View Details
    • Value Estimation by Request
      1,484 SF

      Guymon, OK 73942

      RETAIL STORES (PERSONAL SERVICES)
      Guymon, OK 73942
      View Details

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    Guymon, OK 73942
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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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