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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1301 Eastern Ave Moore, OK 73160-5741

    • Turn key restaurants
    • 4,288 SF
    • 0.83 lot acres
    OFF-MARKET
    Last Sale
    Dec 06, 2021
    $973,000
    Value Estimations
    $950,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US69-0712997
    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

    • Turn key restaurants

    Property Details for 1301 Eastern Ave

    Year built
    1996
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.83 lot acres
    Property size
    4,288 SF
    Zone code
    ZN C4
    Property type
    Turn key restaurants
    APN
    MC2 HM105 2001
    APU
    MC2HM1052001

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $895,000
      ML approach
      $965,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,148,000
      Market price range: $491k - $1.99M

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

    Location Insight

    • Map
    • Local Demand
    City
    Moore
    County
    Cleveland
    State
    Oklahoma
    Longitude
    -97.4774
    Latitude
    35.3492
    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
    $15,118
    $42,119
    $81,921
    $124,040
    -
    $359,890
    $699,976
    $1,059,866

    Comparable in this City

    • Value Estimation by Request
      4,911 SF

      819 19th St

      RESTAURANT • 4,911 SF
      819 19th St, Moore, OK 73160-2893
      View Details
    • Value Estimation by Request
      2,711 SF

      700 19th St

      RESTAURANT • 2,711 SF
      700 19th St, Moore, OK 73160-2941
      View Details
    • Value Estimation by Request
      6,500 SF

      925 25th St

      RESTAURANT • 6,500 SF
      925 25th St, Moore, OK 73160-2947
      View Details
    • Value Estimation by Request
      5,926 SF

      630 19th St

      RESTAURANT • 5,926 SF
      630 19th St, Moore, OK 73160-5439
      View Details
    • Value Estimation by Request
      1,732 SF

      316 19th St

      RESTAURANT • 1,732 SF
      316 19th St, Oklahoma City, OK 73160
      View Details
    • Value Estimation
      $700,000
      6,684 SF

      835 19th St

      RESTAURANT • 6,684 SF
      835 19th St, Moore, OK 73160-2802
      View Details

    Similar Nearby for Sale

    • $3,633,333
      5,345 SF

      Johnnie's Charcoal Broiler - Moore, OK

      NNN Leased Restaurant Investment
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    • $1,100,000

      Prime Land I-35 Corridor Access

      2.15 acres with C-3 zoning, ideal for drive-through restaurant.
      125 Ne 27Th St, Oklahoma City, OK 73160
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    • $639,000
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      Renovated Automotive Property For Sale

      Automotive property with lifts and recent renovations available for sale.
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    • Contact for pricing
      45,127 SF

      Moore, OK Commercial Property

      Commercial property in Moore, OK, suitable for auto industry.
      2865 N Shields Blvd, Moore, OK 73160
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    • $1,300,000
      7,900 SF

      South Oklahoma City Retail Building

      7,900 SF retail building in strategic South Oklahoma City location.
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    • $1,215,000
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      Retail Property Built in 2020

      Retail property built in 2020 with corporate lease guarantee.
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    Similar Nearby for Lease

    • $15 SF/Yr
      12,298 SF

      Retail Space with Drive-Thru

      Retail space with drive-thru, clear loading, and ample parking.
      1201 NW 12Th Ct, Moore, OK 73160
      View Details
    • $15 SF/Yr
      1,017 SF

      Restaurant Space in Remodeled Center

      Restaurant space for lease in newly remodeled center.
      817-829 SE 4Th Pl, Moore, OK 73160
      View Details
    • $19 SF/Yr
      1,500 SF

      Remodeled Retail Hub in Moore, OK

      Newly remodeled retail hub with drive-thru potential in Moore, OK.
      811 SE 4Th Pl, Moore, OK 73160
      View Details
    • $40 SF/Yr
      2,450 SF

      Restaurant Space Available For Rent

      Restaurant space built in 2017, surrounded by national retailers.
      780 SW 19Th Pl, Moore, OK 73160
      View Details
    • $25 SF/Yr
      5,060 SF

      Retail Space Near Major Retailers

      Retail space available near Costco, Walmart, and Home Depot.
      2712-2800 S Telephone Rd, Moore, OK 73160
      View Details
    • $24 SF/Yr
      1,624 SF

      Retail Space in Moore, OK

      Retail space with dispensary finish-out in Moore, Oklahoma.
      2090 Service Rd, Moore, OK 73160
      View Details

    Property Visit Statistics

    • Visits by month
      16.7k
    • Visitors by month
      13.4k
    • Avg Time on site
      11 min
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    1301 Eastern Ave
    Moore, OK 73160-5741
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    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
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