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

    1308 Holly Ave Yukon, OK 73099

    • Commercial land
    • 0.46 lot acres
    For Sale
    View listing
    $149,999
    Last Sale
    May 31, 2023
    $59,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US69-1058921
    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 1308 Holly Ave

    Lot size
    0.46 lot acres
    Property type
    Commercial land
    APN
    90103700
    APU
    90103700

    Description

    This exceptional 0.46-acre commercial lot presents a remarkable investment opportunity in the thriving city of Yukon, Oklahoma. Strategically located at 1308 S Holly Avenue, this property boasts 100 feet of frontage along a high-traffic thoroughfare, ensuring maximum visibility and accessibility for your business. The lot itself measures 100 feet by 200 feet, providing ample space for development. Zoned C-3, this versatile property is ideally suited for a wide range of commercial uses, including but not limited to office spaces, retail establishments, or quick-service restaurants. The zoning allows for the construction of a building up to 3,000 square feet, along with sufficient parking to accommodate customers and employees. This prime location offers excellent potential for significant return on investment, making it an attractive proposition for discerning entrepreneurs and investors seeking a foothold in a dynamic and growing market. The property's size and zoning flexibility provide a blank canvas for a variety of commercial ventures, promising a rewarding investment in a desirable Yukon location. Don't miss this chance to secure a highly visible and versatile commercial property in a thriving community. Act quickly, as opportunities like this are rare.

    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
    Yukon
    County
    Canadian
    State
    Oklahoma
    Longitude
    -97.7519
    Latitude
    35.4926
    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
    $1,365
    $12,600
    $0.00
    $12,600
    -
    $105,000
    $0.00
    $105,000

    Comparable in this City

    • Value Estimation by Request
      1.01 Acres

      Yukon, OK 73099

      VACANT COMMERCIAL LAND • 1.01 Acres
      Yukon, OK 73099
      View Details
    • Value Estimation by Request

      11333 Expy Expressway

      VACANT COMMERCIAL LAND
      11333 Expy Expressway, Yukon, OK 73099-8699
      View Details
    • Value Estimation by Request
      0.35 Acres

      10940 Expy Expressway

      VACANT COMMERCIAL LAND • 0.35 Acres
      10940 Expy Expressway, Yukon, OK 73099-8214
      View Details
    • Value Estimation by Request
      1.10 Acres

      Yukon, OK 73099

      VACANT COMMERCIAL LAND • 1.10 Acres
      Yukon, OK 73099
      View Details
    • Value Estimation by Request
      4.61 Acres

      Yukon, OK 73099

      VACANT COMMERCIAL LAND • 4.61 Acres
      Yukon, OK 73099
      View Details
    • Value Estimation by Request
      11.55 Acres

      Yukon, OK 73099

      VACANT COMMERCIAL LAND • 11.55 Acres
      Yukon, OK 73099
      View Details

    Similar Nearby for Sale

    • $445,000
      0.68 Acres

      Yukon Office Land: Prime Development Site

      0.68-acre lot, ready to develop, I-40 access.
      1470 Health Center Parkway, Yukon, OK 73099
      View Details
    • $600,000
      0.92 Acres

      Yukon Office Land: Prime Development Site

      0.92-acre lot, ready for development, I-40 access.
      1470 Health Center Parkway, Yukon, OK 73099
      View Details
    • $1,150,000
      2 SF

      2.5 Acres at Busy Intersection

      2.5 acres MOL at a high-traffic intersection.
      11820 & 11840 Expy NW, Yukon, OK 73099
      View Details
    • $1,045,000
      1 SF

      Commercial Land Ready to Develop

      Two commercial lots available for development with utilities on site.
      1470 Health Center Pkwy, Yukon, OK 73099
      View Details
    • Contact for pricing

      Land in High-Growth Area

      Land with access from Northwest Expressway and Charleston Way.
      12000 Charleston Way, Yukon, OK 73099
      View Details
    • $349,000

      Yukon Land on Piedmont Road

      Land available north of Main Street in Yukon, Oklahoma.
      300 N Piedmont Rd, Yukon, OK 73099
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Office Lots For Lease

      Office lots available for sale, lease, or build-to-suit.
      12100 Ashford Dr, Yukon, OK 73099
      View Details
    • Contact for pricing

      Yukon Commercial Land Development

      160 Acres, Build-to-Suit Options, Prime Location
      0 Oklahoma City Ok, Yukon, OK 73099
      View Details
    • Contact for pricing

      Yukon Land Ready For Rent

      Land for rent near truck stops and trucking companies.
      10401 Aberdeen Dr, Yukon, OK 73099
      View Details
    • Contact for pricing

      Land For Rent Yukon

      Land available for rent in Yukon, Oklahoma.
      12215 N Sara Rd, Yukon, OK 73099
      View Details
    • $24 SF/Yr
      2,400 SF

      Industrial Space on Mustang Road

      Industrial property with offices, storage, and outside sales potential.
      1400 S Yukon Pkwy, Yukon, OK 73099
      View Details
    • $20 SF/Yr
      3,902 SF

      Retail Space on Route 66

      Retail suites available with high visibility and ample parking.
      4301 N Sara Rd, Yukon, OK 73099
      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.
    1308 Holly Ave
    Yukon, OK 73099
    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.