Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    112 State Hwy 152 Mustang, OK 73064-4402
    Back to Search
    Property profile & analytics

    112 State Hwy 152 Mustang, OK 73064-4402

    View on Map
    • Drug stores
    • 13,538 SF
    • 1.96 lot acres
    Off-Market
    Last Sale Dec 30, 2020
    $4,704,000
    Property ID
    US69-0565115
    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.
    Value Estimations
    $4,770,000
    Show details
    Cap Rate Potential
    2.6%
    Drug stores
    Location Intelligence

    Current Use by Public Records

    • Walgreens Photo / (Bike/Boat/Book/etc) Store
    • Linda Ngo, Pharm / Pharmacy
    • FedEx OnSite / Postal Service / Courier Service
    • LibertyX Bitcoin ATM / Atm
    • Western Union / Bank / Credit Union

    Property Details for 112 State Hwy 152

    Year built
    2002
    Lot size
    1.96 lot acres
    Property size
    13,538 SF
    Property type
    Drug stores
    APN
    90009621
    APU
    90009621

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $4,950,000
      ML approach
      $4,715,000

    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $6,670,000
      COMMERCIAL (GENERAL)
      $5,145,000
      AUTO REPAIR, GARAGE
      $4,175,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Mustang
    County
    Canadian
    State
    Oklahoma
    Longitude
    -97.7239
    Latitude
    35.3911
    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
    $25,454
    $71,715
    $183,409
    $255,124
    -
    $597,625
    $1,842,104
    $2,439,729

    Comparable in this City

    • Value Estimation
      $4,190,000
      11,200 SF

      106 State Hwy 152

      DRUG STORE, PHARMACY • 11,200 SF
      106 State Hwy 152, Mustang, OK 73064-3902
      View Details
    • Value Estimation by Request
      2,620 SF

      318 State Hwy 152

      RETAIL STORES (PERSONAL SERVICES) • 2,620 SF
      318 State Hwy 152, Mustang, OK 73064-4404
      View Details
    • Value Estimation
      $750,000
      7,000 SF

      126 State Hwy 152

      RETAIL STORES (PERSONAL SERVICES) • 7,000 SF
      126 State Hwy 152, Mustang, OK 73064-3902
      View Details
    • Value Estimation by Request
      6,451 SF

      End Pointe Dr

      FINANCIAL BUILDING • 6,451 SF
      End Pointe Dr, Mustang, OK 73064
      View Details
    • Value Estimation by Request
      10,934 SF

      234 State Hwy 152

      RETAIL STORES (PERSONAL SERVICES) • 10,934 SF
      234 State Hwy 152, Mustang, OK 73064-4403
      View Details
    • Value Estimation by Request
      2,680 SF

      844 State Hwy 152

      CONVENIENCE STORE • 2,680 SF
      844 State Hwy 152, Mustang, OK 73064-3603
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,993 SF

      1,993 SF on 0.35 Acres Retail Building For Sale or Lease - 331 N. Mustang Road

      1,993 SF on 0.35 Acres Retail Building For Sale or Lease - 331 N. Mustang Road
      331 N. Mustang Road, Mustang, OK 73064
      View Details
    • Contact for pricing

      Land Available in Growing District

      Five separate lots available with easy access in Mustang, OK.
      408 S Symes Ln, Mustang, OK 73064
      View Details
    • $600,000
      3,000 SF

      Highway Frontage Commercial Property

      3,000 SF building on 1/2 acre with highway frontage.
      1608 E State Highway 152, Mustang, OK 73064
      View Details
    • $125,000
      1.45 Acres

      Mustang, OK Land For Sale

      Residential land totaling 1.45 acres in Mustang, Oklahoma.
      611 S Lakehoma Place Dr, Mustang, OK 73064
      View Details
    • Contact for pricing

      Mustang Acreage in Red Hill

      5.5 acres in Mustang School District, no HOA dues.
      9901 Emery Ln, Mustang, OK 73064
      View Details
    • Contact for pricing

      3.8 Acres on Mustang Road

      3.8 acres of land for sale on Mustang Road.
      660 Foot Frontage On Mustang Rd, Oklahoma City, OK 73064
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      15,246 SF

      0.35 Acres Retail Pad Site For Sale or Lease - 331 N. Mustang Road

      0.35 Acres Retail Pad Site For Sale or Lease - 331 N. Mustang Road
      331 N. Mustang Road, Mustang, OK 73064
      View Details
    • $2,000 /Mo
      720 SF

      Retail Space in Mustang, OK

      Retail spaces available in Mustang, Oklahoma with direct highway access.
      547-553 N Mustang Rd, Mustang, OK 73064
      View Details
    • Contact for pricing
      1,993 SF

      1,993 SF on 0.35 Acres Retail Building For Sale or Lease - 331 N. Mustang Road

      1,993 SF on 0.35 Acres Retail Building For Sale or Lease - 331 N. Mustang Road
      331 N. Mustang Road, Mustang, OK 73064
      View Details
    • Contact for pricing
      8,000 SF

      Mustang Retail Space - Sara Road

      8,000 SF Retail Space For Lease
      0 Sara Rd, Mustang, OK 73064
      View Details
    • Contact for pricing

      Retail Space in Mustang, Oklahoma

      Retail spaces available at high-traffic intersection in Mustang, Oklahoma.
      1825 S Mustang Rd, Mustang, OK 73064
      View Details
    • Contact for pricing

      New Flex Industrial Space Available

      Newly constructed flex industrial space in Mustang, Oklahoma for lease.
      1460 S Sara Rd, Mustang, OK 73064
      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.
    112 State Hwy 152
    Mustang, OK 73064-4402
    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

    Thank You for Inquiry
    112 State Hwy 152, Mustang, OK, 73064
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!