Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    1620 Jones Ave Duncan, OK 73533-1704
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1620 Jones Ave Duncan, OK 73533-1704

    View on Map
    • Office buildings
    • 6,000 SF
    • 0.91 lot acres
    Off-Market
    Property ID
    US69-1940582
    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
    $835,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Key Operating Co / Locksmith

    Property Details for 1620 Jones Ave

    Lot size
    0.91 lot acres
    Property size
    6,000 SF
    Property type
    Office buildings
    APN
    1999-31-01N-07W-1-019-00
    APU
    19993101N07W101900

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $577,000
      Market price range: $276k - $1.05M
      AI Estimate
      $1,095,000
      Market price range: $484k - $1.85M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $580,000
      Current use
      WAREHOUSE, STORAGE
      $520,000
      Change: -10% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Duncan
    County
    Stephens
    State
    Oklahoma
    Longitude
    -97.9689
    Latitude
    34.5193
    CBSA code
    20340
    CBSA name
    DUNCAN, OK MICROPOLITAN 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
    $0.00
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      6,820 SF

      1005 Main St

      OFFICE BUILDING • 6,820 SF
      1005 Main St, Duncan, OK 73533-4535
      View Details
    • Value Estimation by Request
      1,102 SF

      218 Main St

      OFFICE BUILDING • 1,102 SF
      218 Main St, Duncan, OK 73533-7026
      View Details
    • Value Estimation by Request
      4,500 SF

      906 Main St

      OFFICE BUILDING • 4,500 SF
      906 Main St, Duncan, OK 73533-4618
      View Details
    • Value Estimation by Request
      2,520 SF

      1475 Main St

      OFFICE BUILDING • 2,520 SF
      1475 Main St, Duncan, OK 73533-4330
      View Details
    • Value Estimation by Request
      816 SF

      1316 Oak Ave

      OFFICE BUILDING • 816 SF
      1316 Oak Ave, Duncan, OK 73533-4349
      View Details
    • Value Estimation by Request
      2,100 SF

      1721 Spruce Ave

      OFFICE BUILDING • 2,100 SF
      1721 Spruce Ave, Duncan, OK 73533
      View Details

    Similar Nearby for Sale

    • $2,600,000
      5,256 SF

      Modern Urgent Care Facility Available

      Turnkey urgent care center in Duncan, Oklahoma for sale.
      1315 Chisholm Trail Pkwy, Duncan, OK 73533
      View Details
    • Contact for pricing
      163,253 SF

      Duncan Mixed-Use Buildings For Sale

      Two large mixed-use buildings in Duncan, OK, near highways.
      1015 W Bois D'arc Ave, Duncan, OK 73533
      View Details
    • Contact for pricing

      1904 US-81, Duncan, OK 73533

      Commercial land
      1904 Us-81, Duncan, OK 73533
      View Details
    • Contact for pricing
      10,372 SF

      Versatile Commercial Space in Duncan

      Adaptable commercial property suitable for various business operations.
      15 N 10Th St, Duncan, OK 73533
      View Details
    • Contact for pricing

      Residential Lot in Wooded Area

      Residential lot suitable for building a home, backing to woods.
      3606 Woodknoll, Duncan, OK 73533
      View Details
    • Contact for pricing

      Prime Commercial Land For Sale

      High-traffic commercial land with utilities and frontage available for sale.
      2704 N St, Duncan, OK 73533
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Downtown Duncan Renovated Mixed-Use Building

      Newly renovated retail and office spaces in downtown Duncan.
      45 N 9Th St, Duncan, OK 73533
      View Details
    • Contact for pricing
      2,000 SF

      Retail/Office Space For Lease

      Retail or office space available in Deer Creek Center.
      4275 Highway 81 N, Duncan, OK 73533
      View Details
    • Contact for pricing
      13,950 SF

      Former Retail Space Available

      Former retail space with warehouse storage and shared parking.
      1500 W Plato Rd, Duncan, OK 73533
      View Details
    • $8 SF/Yr
      4,000 SF

      Retail Space Anchored by Grocer

      Retail space for lease with high foot traffic.
      109 E Main St, Duncan, OK 73533
      View Details
    • Contact for pricing

      Downtown Commercial Space Available

      Located in the heart of downtown, first block of Main.
      1044 W Walnut Ave, Duncan, OK 73533
      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.
    1620 Jones Ave
    Duncan, OK 73533-1704
    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.
    Sign Up Successful!
    You now have access to more from Realmo!