Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    805 Eastern Ave Moore, OK 73160

    • Commercial land
    • 5.15 lot acres
    For Sale
    View listing
    $697,851
    Last Sale
    May 18, 2022
    $260,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US69-2173010
    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

    • Commercial land

    Property Details for 805 Eastern Ave

    Lot size
    5.15 lot acres
    Property type
    Commercial land
    APN
    SDC2 10 3W 23024
    APU
    SDC2103W23024

    Description

    This exceptional 3.04-acre commercial land parcel, located at 805 S. Eastern Ave, Moore, OK 73160 (APN: SDC2 10 3W 23024), presents a compelling investment opportunity. Currently zoned C-3 General Commercial District, this property is ideally suited for self-storage development, capitalizing on the strong market demand. The asking price is $697,851, projecting a pro-forma NOI of $72,060 and a 10.33% cap rate. Situated within the Oklahoma City MSA, this site benefits from robust demographics, including a 3-mile average household income (AHHI) of $90,000 and a 3-mile population of 73,458 residents. The location offers significant potential for a multi-story development, allowing for increased scale and profitability. This is a rare chance to acquire a high-quality development site in a thriving market, poised for substantial returns. Serious inquiries only. All information is deemed reliable but not guaranteed.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Moore
    County
    Cleveland
    State
    Oklahoma
    Longitude
    -97.4775
    Latitude
    35.3316
    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
    $3,294
    $30,958
    $0.00
    $30,958
    -
    $257,984
    $0.00
    $257,984

    Comparable in this City

    • Value Estimation by Request
      0.08 Acres

      Oklahoma City, OK 73160

      VACANT COMMERCIAL LAND • 0.08 Acres
      Oklahoma City, OK 73160
      View Details
    • Value Estimation by Request
      0.08 Acres

      Oklahoma City, OK 73160

      VACANT COMMERCIAL LAND • 0.08 Acres
      Oklahoma City, OK 73160
      View Details
    • Value Estimation by Request
      0.06 Acres

      Moore, OK 73160

      VACANT COMMERCIAL LAND • 0.06 Acres
      Moore, OK 73160
      View Details
    • Value Estimation by Request
      0.32 Acres

      Oklahoma City, OK 73160

      VACANT COMMERCIAL LAND • 0.32 Acres
      Oklahoma City, OK 73160
      View Details
    • Value Estimation by Request
      1.14 Acres

      Sutton Cir

      VACANT COMMERCIAL LAND • 1.14 Acres
      Sutton Cir, Moore, OK 73160
      View Details
    • Value Estimation by Request
      0.13 Acres

      Oklahoma City, OK 73160

      VACANT COMMERCIAL LAND • 0.13 Acres
      Oklahoma City, OK 73160
      View Details

    Similar Nearby for Sale

    • $174,500
      0.80 Acres

      Residential Zoned Land in Moore, OK

      Land in Moore, OK, near amenities, potential commercial use.
      NE 27Th St, Oklahoma City, OK 73160
      View Details
    • Contact for pricing

      Oklahoma City Commercial Land Available

      Commercial land with extensive frontage and utilities in Oklahoma City.
      S Santa Fe Ave, Oklahoma City, OK 73160
      View Details
    • Contact for pricing

      Commercial Land with Extensive Frontage

      Commercial land with frontage on SW 34th St and S Santa Fe Ave.
      Santa Fe Ave, Moore, OK 73160
      View Details
    • Contact for pricing

      Commercial Land in Moore Schools

      Three lots zoned C-3 in Moore, Oklahoma.
      SE 19Th Pl, Moore, OK 73160
      View Details
    • $149,900
      0.88 Acres

      Versatile Land Parcel in Moore, OK

      0.88-acre parcel with dual access, suitable for various uses.
      2524 S Eastern Ave, Moore, OK 73160
      View Details
    • $1,395,000

      I-240 Frontage Development Land

      Flat, build-ready land with I-240 frontage, ideal for development.
      I-240 S Sunnylane Rd, Oklahoma City, OK 73160
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Prime Land Near I-35

      Three-acre commercial land tract adjacent to I-35 available for rent.
      2502 NE 10Th St, Oklahoma City, OK 73160
      View Details
    • $9,528 /Mo

      High-Visibility Land for Lease

      22-acre commercial land with I-35 frontage in Oklahoma City.
      2801 NE 10Th St, Oklahoma City, OK 73160
      View Details
    • Contact for pricing

      Corner Commercial Land for Rent

      Commercial land for rent at Broadway and 12th St.
      1301 N Broadway St, Moore, OK 73160
      View Details
    • Contact for pricing
      13,068 SF

      Retail Pad Site For Lease

      Commercial land available for lease with high visibility and traffic.
      2109-2139 Riverwalk Dr, Moore, OK 73160
      View Details
    • $28 SF/Yr
      10,000 SF

      Prime Moore Executive Office Space

      Modern 2-story office building, 3,145 sq ft available.
      420 6Th Ter, Moore, OK 73160
      View Details
    • $11 SF/Yr
      59,250 SF

      Eastern OKC Industrial Space Available

      Modern Flex/Warehouse Units, Moore OK
      9341-9353 Eastern Ave, Oklahoma City, OK 73160
      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.
    805 Eastern Ave
    Moore, OK 73160
    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.