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    Property profile & analytics

    109 Commerce St Commerce, OK 74339-2210

    • Office buildings
    • 1,920 SF
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 28, 2023
    Location Intelligence
    Property ID
    US69-1665553
    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

    • Office buildings

    Property Details for 109 Commerce St

    Year built
    1938
    Property size
    1,920 SF
    Property type
    Office buildings
    APN
    5625-00-035-005-0-000-00
    APU
    562500035005000000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Commerce
    County
    Ottawa
    State
    Oklahoma
    Longitude
    -94.877
    Latitude
    36.9336
    CBSA code
    33060
    CBSA name
    MIAMI, OK MICROPOLITAN 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
    $467
    $382
    $4,820
    $5,202
    -
    $3,350
    $42,284
    $45,634

    Comparable in this City

    • Value Estimation by Request
      448 SF

      Commerce, OK 74339

      OFFICE BUILDING • 448 SF
      Commerce, OK 74339
      View Details
    • Value Estimation by Request
      1,410 SF

      Commerce, OK 74339

      OFFICE BUILDING • 1,410 SF
      Commerce, OK 74339
      View Details
    • Value Estimation by Request
      2,899 SF

      217 Commerce St

      OFFICE BUILDING • 2,899 SF
      217 Commerce St, Commerce, OK 74339-2200
      View Details
    • Value Estimation
      $325,000
      2,000 SF

      707 Mickey Mantle Blvd

      OFFICE BUILDING • 2,000 SF
      707 Mickey Mantle Blvd, Commerce, OK 74339-1109
      View Details
    • Value Estimation by Request
      1,200 SF

      Commerce, OK 74339

      OFFICE BUILDING • 1,200 SF
      Commerce, OK 74339
      View Details
    • Value Estimation by Request
      1,876 SF

      101 Maple St

      OFFICE BUILDING • 1,876 SF
      101 Maple St, Commerce, OK 74339
      View Details

    Similar Nearby for Sale

    • $149,900
      1,440 SF

      Route 66 Commercial Building

      1440 sq ft commercial building on historic Route 66.
      301 N Mickey Mantle Blvd, Commerce, OK 74339
      View Details
    • $240,000
      5,000 SF

      Commercial Warehouse Near Route 66

      5,000 sqft warehouse on 2.5 acres near Route 66.
      1008 D St, Commerce, OK 74339
      View Details
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    109 Commerce St
    Commerce, OK 74339-2210
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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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