Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    101 2nd St Edmond, OK 73034-3813

    • Retail space
    • 7,100 SF
    • 0.32 lot acres
    OFF-MARKET
    Value Estimations
    $905,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US69-0039917
    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

    • FedEx Office Print & Ship Center / Courier Service / Postal Service
    • Carpay, Inc / (Bike/Boat/Book/etc) Store / Corporate Office
    • Rush My Passport / Travel Agency
    • 55 Gallon Drums Edmond / Big Box & Wholesale Store / Factory
    • Digital Forensics Corp / IT Consulting Firm / Tech Support Center

    Property Details for 101 2nd St

    Year built
    1925
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.32 lot acres
    Property size
    7,100 SF
    Property type
    Retail space
    APN
    18-229-6930
    APU
    182296930

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,250,000
      6.5%
      $1,155,000
      7%
      $1,070,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $619,000
      Market price range: $218k - $849k

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $1,425,000
      Current use
      MEDICAL BUILDING
      $1,355,000
      Change: -5% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $1,290,000
      Change: -9% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Edmond
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.4796
    Latitude
    35.6533
    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
    $10,084
    $10,391
    $86,352
    $96,743
    -
    $126,000
    $1,047,133
    $1,173,133

    Comparable in this City

    • Value Estimation
      $500,000
      4,082 SF

      2100 2nd St

      RETAIL STORES (PERSONAL SERVICES) • 4,082 SF
      2100 2nd St, Edmond, OK 73034-6351
      View Details
    • Value Estimation
      $1,285,000
      13,920 SF

      1201 Broadway

      RETAIL STORES (PERSONAL SERVICES) • 13,920 SF
      1201 Broadway, Edmond, OK 73034-3950
      View Details
    • Value Estimation by Request
      1,680 SF

      205 Broadway

      RETAIL STORES (PERSONAL SERVICES) • 1,680 SF
      205 Broadway, Edmond, OK 73034-3776
      View Details
    • Value Estimation
      $1,430,000
      17,372 SF

      2701 Coltrane Pl

      RETAIL STORES (PERSONAL SERVICES) • 17,372 SF
      2701 Coltrane Pl, Edmond, OK 73034-6601
      View Details
    • Value Estimation
      $1,015,000
      6,907 SF

      917 Danforth Rd

      RETAIL STORES (PERSONAL SERVICES) • 6,907 SF
      917 Danforth Rd, Edmond, OK 73034-5004
      View Details
    • Value Estimation by Request
      1,500 SF

      2200 2nd St

      RETAIL STORES (PERSONAL SERVICES) • 1,500 SF
      2200 2nd St, Edmond, OK 73034-6701
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,200 SF

      Retail Space in Edmond, Oklahoma

      Retail space available in a busy Edmond shopping center.
      730-828 W Danforth Rd, Edmond, OK 73034
      View Details
    • Contact for pricing
      14,228 SF

      Edmond Retail Strip For Sale

      2019 construction retail strip in affluent Edmond, Oklahoma.
      1200 W Danforth Rd, Edmond, OK 73034
      View Details
    • Contact for pricing
      5,300 SF

      Retail Property in Edmond, OK

      Retail property available for sale in Edmond, Oklahoma.
      1140 S Bryant Ave, Edmond, OK 73034
      View Details
    • Contact for pricing
      2,400 SF

      Edmond Retail Property For Sale

      Retail property available for purchase in Edmond, Oklahoma.
      1132 S Bryant Ave, Edmond, OK 73034
      View Details
    • $4,500,000
      36.02 Acres

      Residential Land in Growing Edmond

      36.02 acres in rapidly expanding area of northeast Edmond, Oklahoma.
      36 Acres Danforth & Air Depot, Edmond, OK 73034
      View Details
    • $1,399,999
      2,394 SF

      Edmond Restaurant - High Traffic Area

      Thriving Restaurant, Immediate Income, Updated Building
      1012 Broadway, Edmond, OK 73034
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,324 SF

      New Retail/Office Space Available

      2,324 sq ft retail/office space for rent.
      13722 N Bryant Ave, Edmond, OK 73034
      View Details
    • Contact for pricing
      1,000 SF

      Retail Space Near Interstate-35

      Retail space for lease near hotels and University of Oklahoma.
      201 Meline Dr, Edmond, OK 73034
      View Details
    • Contact for pricing
      2,500 SF

      Edmond Retail Space For Rent

      2,500 SF retail space with excellent Broadway visibility.
      2320 S Broadway, Edmond, OK 73034
      View Details
    • Contact for pricing

      Prime Retail Site in Edmond

      Retail, service, and restaurant space available for lease.
      2nd St & Bryant Ave, Edmond, OK 73034
      View Details
    • $17 SF/Yr
      38,020 SF

      Edmond Retail Space For Lease

      Prime Edmond retail, two spaces available.
      121 Waterloo Rd, Edmond, OK 73034
      View Details
    • Contact for pricing
      3,310 SF

      Edmond Retail Space For Lease

      Retail space available in a high-traffic Edmond location.
      301 S Bryant Ave, Edmond, OK 73034
      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.
    101 2nd St
    Edmond, OK 73034-3813
    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!