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    1414 Fretz Ave Edmond, OK 73003-5773
    Property profile & analytics

    1414 Fretz Ave, Edmond, OK 73003-5773

    View on Map
    • Flex space
    • 8,424 SF
    • 0.54 lot acres
    Off-Market
    Last Sale Jul 5, 2022
    Property ID
    US69-0397690
    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
    $715,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Voyager Home Systems / IT Consulting Firm / Tech Support Center
    • Dent Source LLC / Auto Repair Shop
    • Sun Stoppers Window Tinting and Paint Protection Film Edmond / Interior Design / Auto Repair Shop
    • Urban MD / Medical Group
    • Enterprize Electric / Electrical Service / General Contractor

    Property Details for 1414 Fretz Ave

    Year built
    1998
    Construction
    BRICK
    Lot size
    0.54 lot acres
    Property type
    Flex space
    APN
    20-046-1080
    APU
    200461080

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jul 5, 2022 — Rosario Properties LLC Voyager Lighting Controls INC Quit Claim Deed · related $1.7M · Intrust Bank NA
    Jun 4, 2020 — Voyager Lighting Controls INC — Deed · related $600k · Rcb Bk
    Dec 18, 2019 — Voyager Lighting Controls INC — Deed · related $212k · Rcb Bk
    Apr 25, 2019 $95,000 Voyager Lighting Controls INC 702 S Fretz LLC Warranty Deed —
    Apr 5, 2019 — Voyager Lighting Controls INC — Deed · related $515k · Rcb Bk
    Apr 3, 2017 $70,000 702 S Fritz Lc Reeser Rentals LLC Warranty Deed —
    Feb 3, 2016 — Voyager Lighting Controls INC Star Enterprize Electric INC Warranty Deed $305k · Rcb Bank
    Jul 2, 2010 — Star Enterprize Electric INC — Trustees Deed · related $92k · Rcb Bank
    Feb 26, 2009 — Star Enterprize Electric INC — Trustees Deed · related $100k · Rcb Bank
    — — Star Enterprize Electric INC — Loan Modification · related $272k · Rcb Bank
    — — Voyager Lighting Controls INC — Loan Modification · related $515k · Rcb Bk
    — — Star Enterprize Electric INC — Deed Of Trust · related $92k · Rcb Bank
    — — Star Enterprize Electric INC — Deed Of Trust · related $335k · Rcb Bank
    — — Voyager Lighting Controls INC — Deed Of Trust · related $600k · Rcb Bk
    — — Star Enterprize Electric INC — Loan Modification · related $276k · Rcb Bank
    — — Star Enterprize Electric INC — Deed Of Trust · related $307k · Bank Of Nichols Hills
    — — Star Enterprize Electric INC — Deed Of Trust · related $74k · Bank Of Nichols Hills

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $870,000
      6.5%
      $805,000
      7%
      $745,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $648,000
      Market price range: $353k - $1.23M
      AI Estimate
      $697,000
      Market price range: $443k - $1.16M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $790,000
      Current use

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

    Location Insight

    • Map
    • Local Demand
    City
    Edmond
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.4866
    Latitude
    35.64
    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
    $5,216
    $4,489
    $45,549
    $50,038
    -
    $40,810
    $414,085
    $454,895

    Comparable in this City

    • Value Estimation by Request
      1,850 SF

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      LIGHT INDUSTRIAL
      9 4th St, Edmond, OK 73003-5560
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      3,040 SF

      28 8th St

      LIGHT INDUSTRIAL
      28 8th St, Edmond, OK 73003-5767
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    • Value Estimation by Request
      2,100 SF

      23 8th St

      LIGHT INDUSTRIAL
      23 8th St, Edmond, OK 73003
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    • Value Estimation by Request
      2,992 SF

      1001 Danforth Rd

      LIGHT INDUSTRIAL
      1001 Danforth Rd, Edmond, OK 73003-4801
      View Details
    • Value Estimation by Request
      3,960 SF

      18 4th St

      LIGHT INDUSTRIAL
      18 4th St, Edmond, OK 73003-5559
      View Details
    • Value Estimation by Request
      3,200 SF

      24 7th St

      LIGHT INDUSTRIAL
      24 7th St, Edmond, OK 73003-5765
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      14,584 SF

      Edmond Flex Space Available

      Well-maintained flex space with ample parking in central Edmond.
      1408-1733 S Fretz Ave, Edmond, OK 73003
      View Details
    • Contact for pricing
      20,374 SF

      Versatile Flex Space Available

      Well-maintained flex space with high ceilings and ample parking.
      1401-1433 Fretz Dr, Edmond, OK 73003
      View Details
    • Contact for pricing

      40 Acres Development Land

      40 acres of development land in Edmond, Oklahoma.
      Development Land 2Nd St, Edmond, OK 73003
      View Details
    • Contact for pricing

      Commercial Land Redevelopment Opportunity

      Commercial land available for redevelopment in Edmond, Oklahoma.
      800 S Santa Fe Ave, Edmond, OK 73003
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,408 SF

      Edmond Flex/Industrial Space Available

      Flex/Industrial space available for lease in Edmond, Oklahoma.
      100 Garage Dr, Edmond, OK 73003
      View Details
    • Contact for pricing
      5,000 SF

      Edmond Flex Industrial Space

      Flex industrial space available for lease in Edmond, Oklahoma.
      124 Garage Dr, Edmond, OK 73003
      View Details
    • Contact for pricing
      1,408 SF

      Edmond Flex Industrial Space

      Flex industrial space available for lease in Edmond, Oklahoma.
      224 Garage Dr, Edmond, OK 73003
      View Details
    • Contact for pricing
      1,408 SF

      Edmond Flex Industrial Space

      Flex industrial space available for lease in Edmond, Oklahoma.
      225 Garage Dr, Edmond, OK 73003
      View Details
    • Contact for pricing
      1,823 SF

      Edmond Flex Space Available

      Well-maintained flex space with ample parking and easy highway access.
      1408 Fretz Ave, Edmond, OK 73003
      View Details
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    Edmond, OK 73003-5773
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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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