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    Property profile & analytics

    8901 Commerce Park Dr Oklahoma City, OK 73132

    • Commercial real estate
    • 5,505 SF
    • 1.27 lot acres
    For Lease
    View listing
    $15 SF/Yr
    Value Estimation
    Location Intelligence
    Property ID
    US69-0017821
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Farmers Insurance - Kevin Haggard / Life Insurance Agency / Motorcycle Insurance Agency
    • CORE GROUP US / Tax Consultant / Accountant
    • Core Employee Solutions, LLC / Software Company
    • Farmers Insurance / Insurance Agency

    Property Details for 8901 Commerce Park Dr

    Year built
    2002
    Construction
    WOOD FRAME
    Lot size
    1.27 lot acres
    Property size
    5,505 SF
    Property type
    Commercial real estate
    APN
    20-375-1000
    APU
    203751000

    Description

    This exceptional 5,505-square-foot single-tenant office building, constructed in 2002, presents a unique opportunity in Northwest Oklahoma City. The property boasts a versatile layout suitable for executive, medical, creative, traditional, or coworking uses. The building features nine individual offices, a functional conference room, a well-equipped break room with accessible bathrooms, and a dedicated IT room. Located in a high-traffic area, this one-story building offers convenient access to major thoroughfares and ample parking with 45 spaces. The 55,151-square-foot lot provides a tranquil setting, enhanced by its proximity to a pond within Commerce Park. The property's strategic location offers employees easy access to nearby amenities, including shopping centers featuring retailers like Walmart and Kohl's, and various restaurants. The property is zoned O-2 and situated in Oklahoma County. This Class C building offers a blend of functionality and a desirable location, making it an ideal choice for businesses seeking a sophisticated and convenient workspace. The significant vacant space (4,325 square feet) allows for customization and expansion.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Oklahoma City
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.6523
    Latitude
    35.5599
    CBSA code
    36420
    CBSA name
    OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $10,421
    $24,266
    $61,212
    $85,478
    -
    $220,605
    $556,476
    $777,081

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    Oklahoma City, OK 73132
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    Realmo Value Estimation

    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.

    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.

    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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