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

    1520 Moore Ave Moore, OK 73160-3657

    • Commercial real estate
    • 16,275 SF
    • 0.94 lot acres
    OFF-MARKET
    Last Sale
    Nov 04, 2022
    $2,100,000
    Value Estimations
    $1,950,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US69-0638059
    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 real estate

    Property Details for 1520 Moore Ave

    Year built
    1984
    Construction
    WOOD FRAME
    Lot size
    0.94 lot acres
    Property size
    16,275 SF
    Zone code
    R3
    Property type
    Commercial real estate
    APN
    MC2 DYCUS 2 4002
    APU
    MC2DYCUS24002

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,850,000
      ML approach
      $1,745,000

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $2,300,000
      Current use
      MEDICAL BUILDING
      $2,540,000
      Change: +10% Conversion: Easy
      AUTO REPAIR, GARAGE
      $2,420,000
      Change: +5% Conversion: Difficult
      RETAIL STORES
      $2,135,000
      Change: -7% Conversion: Easy
      OFFICE BUILDING
      $2,090,000
      Change: -9% Conversion: Easy
      NEIGHBORHOOD: SHOPPING CENTER
      $1,845,000
      Change: -20% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Moore
    County
    Cleveland
    State
    Oklahoma
    Longitude
    -97.494
    Latitude
    35.3502
    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
    $30,711
    $94,966
    $157,012
    $251,978
    -
    $791,384
    $1,308,433
    $2,099,817

    Comparable in this City

    • Value Estimation by Request
      0.84 Acres

      2800 Woodlawn Dr

      Commercial real estate • 0.84 Acres
      2800 Woodlawn Dr, Moore, OK 73160
      View Details
    • Value Estimation by Request
      1,205 SF

      2800 Shields St

      Commercial real estate • 1,205 SF
      2800 Shields St, Moore, OK 73160
      View Details
    • Value Estimation by Request

      319 4Th St

      Land
      319 4Th St, Moore, OK 73160
      View Details
    • Value Estimation by Request
      0.06 Acres

      1809 Bryant Ave

      COMMERCIAL (GENERAL) • 0.06 Acres
      1809 Bryant Ave, Moore, OK 73160-9401
      View Details
    • Value Estimation by Request
      1,155 SF

      9001 Shields Blvd

      COMMERCIAL (GENERAL) • 1,155 SF
      9001 Shields Blvd, Oklahoma City, OK 73160
      View Details
    • Value Estimation
      $1,080,000
      754 SF

      9310 Eastern Ave

      COMMERCIAL (GENERAL) • 754 SF
      9310 Eastern Ave, Moore, OK 73160-9011
      View Details

    Similar Nearby for Sale

    • $299,000

      Moore, OK Commercial Land

      Prime .78-acre C3 development site
      319 4Th Pl, Moore, OK 73160
      View Details
    • $1,098,240
      0.84 Acres

      Prime Moore Commercial Land

      High-growth area, investment opportunity.
      2800 Woodlawn Dr, Moore, OK 73160
      View Details
    • Contact for pricing
      2.23 Acres

      Prime Moore, OK Commercial Land

      High-traffic I-35 location, excellent visibility.
      19th In Moore, Moore, OK 73160
      View Details
    • $495,000
      1,648 SF

      Prime Moore, OK Commercial Property

      1,648 sq ft, 0.24 acres, $495,000
      855 12Th St, Moore, OK 73160
      View Details
    • Contact for pricing
      0.56 Acres

      Prime Moore, OK Commercial Land

      Development-ready land, high traffic area.
      820 4Th Pl, Moore, OK 73160
      View Details
    • $80,000
      1.00 Acre

      Prime Moore Commercial Lot

      Vacant C-5 lot, 1 acre, $80,000
      712 Vermeer Dr, Moore, OK 73160
      View Details

    Similar Nearby for Lease

    • $11 SF/Yr
      21,200 SF

      New Construction Flex/Industrial Space

      New construction flex/industrial space with office, excellent I-35 access.
      2500 N Shields Blvd, Moore, OK 73160
      View Details
    • $12 SF/Yr
      10,500 SF

      Freezer/Cooler Warehouse with Yard

      10,500 SF freezer/cooler warehouse on 2.28 acres for lease.
      9720 Pole Rd, 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
    • $1,950,000
      18,600 SF

      Industrial Flex Space Available

      Single-tenant industrial property with flexible space and on-site parking.
      9620 Pole 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
    • $9 SF/Yr
      4,550 SF

      Industrial Space with Drive-Through Doors

      Industrial space featuring drive-through doors and ample power.
      1642 NW 1St St, Oklahoma City, OK 73160
      View Details
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    1520 Moore Ave
    Moore, OK 73160-3657
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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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