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    1501 I 35th Service Rd Moore, OK 73160-3171

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    1501 I 35th Service Rd Moore, OK 73160-3171

    View on Map
    • Retail space
    • 139,645 SF
    • 13.29 lot acres
    Off-Market
    Property ID
    US69-0419755
    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
    $6,550,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 1501 I 35th Service Rd

    Year built
    2006
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    13.29 lot acres
    Property size
    139,645 SF
    Property type
    Retail space
    APN
    MC2 10 3WMC2RIVNO11001
    APU
    MC2103WMC2RIVNO11001

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $8,256,000
      Market price range: $5.81M - $21.9M

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

    Location Insight

    • Map
    • Local Demand
    City
    Moore
    County
    Cleveland
    State
    Oklahoma
    Longitude
    -97.493
    Latitude
    35.3251
    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
    $108,656
    $208,408
    $683,085
    $891,493
    -
    $1,736,737
    $5,692,373
    $7,429,110

    Comparable in this City

    • Value Estimation by Request
      0.14 Acres

      1700 Broadway St

      RETAIL STORES (PERSONAL SERVICES) • 0.14 Acres
      1700 Broadway St, Moore, OK 73160-5300
      View Details
    • Value Estimation by Request
      1,141 SF

      1704 Broadway St

      RETAIL STORES (PERSONAL SERVICES) • 1,141 SF
      1704 Broadway St, Moore, OK 73160-5349
      View Details
    • Value Estimation by Request
      1,141 SF

      1704 Broadway St

      RETAIL STORES (PERSONAL SERVICES) • 1,141 SF
      1704 Broadway St, Moore, OK 73160-5349
      View Details
    • Value Estimation by Request
      1,141 SF

      1704 Broadway St

      RETAIL STORES (PERSONAL SERVICES) • 1,141 SF
      1704 Broadway St, Moore, OK 73160-5349
      View Details
    • Value Estimation
      $1,275,000
      6,944 SF

      1920 Eastern Ave

      RETAIL STORES (PERSONAL SERVICES) • 6,944 SF
      1920 Eastern Ave, Moore, OK 73160-6068
      View Details
    • Value Estimation by Request
      1,700 SF

      105 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,700 SF
      105 Main St, Moore, OK 73160-5105
      View Details

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      Retail space with drive-thru, clear loading, and ample parking.
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      Retail property for sale in Moore, Oklahoma, totaling 2,833 square feet.
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      7,900 SF retail building in strategic South Oklahoma City location.
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      Remodeled Retail Building For Sale

      Remodeled 3,800 SF commercial building on 0.52 acres.
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      Retail Space with I-35 Frontage

      Retail space located on I-35 service road in Moore, OK.
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    Similar Nearby for Lease

    • $24 SF/Yr
      3,000 SF

      Retail Space I-35 Frontage

      2,250 SF retail space in busy I-35 center.
      1601-1619 Service Rd, Moore, OK 73160
      View Details
    • $11 SF/Yr
      9,878 SF

      Retail Space with I-35 Frontage

      Retail space available for lease with high visibility.
      525 N Telephone Rd, Moore, OK 73160
      View Details
    • $20 SF/Yr
      4,080 SF

      Retail Space For Rent

      Retail space available with high traffic and ample parking.
      2105-2123 Riverwalk Dr, Moore, OK 73160
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    • Contact for pricing
      23,200 SF

      Retail Space Near Kohl's

      23,200 +/- sf retail space near I-35.
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      1,501 SF

      Regional Shopping Destination Retail Space

      Regional shopping center with national retailers, near Oklahoma City.
      2570 S Service Rd, Moore, OK 73160
      View Details
    • Contact for pricing
      3,900 SF

      Retail Space Near Moore High

      3,900 SF retail space near I-35 and Moore High.
      1340 N Eastern Ave, Moore, OK 73160
      View Details
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    Moore, OK 73160-3171
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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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