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    2125 E Southgate Rd Enid, OK 73701
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    2125 E Southgate Rd Enid, OK 73701

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    • Single family properties
    Off-Market
    Property ID
    US69-0910342
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Single family properties

    Property Details for 2125 E Southgate Rd

    Property type
    Single family properties
    Property subtype
    Farms

    Description

    Vanover Farms | 140 Income Producing Acres | Developer’s Dream 3-Phase Power New City Water/Sewer Lines/Nearby Substation 3 Live Wells 4 Fully Stocked Ponds 2,300 S.F. Home | 4 Bed/Bath | New 50-Year HD Roof | Remodel In-Progress 2,400 S.F. Metal Building 1,600 S.F. Barn Horse Stables Ground Water Tank Water Rights Included New City Water System Inclusive with All Other Utilities Available On-Site Mineral Rights May Be Purchased Separately Land is Graded Regularly and Nitrogen Fertilized Land Produces More Than $65,000 Passive Annual Hunting & Fishing Lease Over 10 Corporations Utilize Easement Rights on Contract Basis Bois d’ Arc & Pine Tree Farm Long Distance Shooting Range | Biodegradable More Than 20 Gongs & Platforms Over 70 Head of Cattle Fully Fenced

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Enid
    County
    Garfield
    State
    Oklahoma
    Longitude
    -97.849815
    Latitude
    36.357777

    Comparable in this City

    • $380,000
      160.00 Acres

      160 Acres of Wildlife Habitat

      Excellent hunting and stock farm land near Enid, Oklahoma.
      9700 East Robertson Rd, Enid, OK 73701
      View Details
    • $180,000
      90.83 Acres

      90 Acres of Vacant Land

      90.83 acres of land outside Enid, OK city limits.
      10th East Southgate Rd, Enid, OK 73701
      View Details
    • Contact for pricing
      4.00 Acres

      Unimproved Land in Enid, Oklahoma

      4 acres of unimproved land available in Enid, Oklahoma.
      16th And Southgate, Enid, OK 73701
      View Details
    • $400,000
      200.00 Acres

      200 Acres of Vacant Land

      200 acres of crop and pasture land near Enid, OK.
      E 54Th St, Enid, OK 73701
      View Details
    • $400,000
      3.33 Acres

      Versatile Commercial Property with Expansion Potential

      3.33-acre property with outbuildings, greenhouses, and expansion potential.
      2002 E Southgate Rd, Enid, OK 73701
      View Details
    • New
      $130,000
      0.23 Acres

      Enid Investment Property with Shop

      Two-unit duplex with shop and additional storage buildings.
      614 N Madison St, Enid, OK 73701
      View Details

    Similar Nearby for Sale

    • $380,000
      160.00 Acres

      160 Acres of Wildlife Habitat

      Excellent hunting and stock farm land near Enid, Oklahoma.
      9700 East Robertson Rd, Enid, OK 73701
      View Details
    • $180,000
      90.83 Acres

      90 Acres of Vacant Land

      90.83 acres of land outside Enid, OK city limits.
      10th East Southgate Rd, Enid, OK 73701
      View Details
    • $400,000
      200.00 Acres

      200 Acres of Vacant Land

      200 acres of crop and pasture land near Enid, OK.
      E 54Th St, Enid, OK 73701
      View Details
    • Contact for pricing
      4.00 Acres

      Unimproved Land in Enid, Oklahoma

      4 acres of unimproved land available in Enid, Oklahoma.
      16th And Southgate, Enid, OK 73701
      View Details
    • $400,000
      3.33 Acres

      Versatile Commercial Property with Expansion Potential

      3.33-acre property with outbuildings, greenhouses, and expansion potential.
      2002 E Southgate Rd, Enid, OK 73701
      View Details
    • New
      $130,000
      0.23 Acres

      Enid Investment Property with Shop

      Two-unit duplex with shop and additional storage buildings.
      614 N Madison St, Enid, OK 73701
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Historic Building with Retail Spaces

      1927 building with residential and commercial spaces for rent.
      116 E Randolph Ave, Enid, OK 73701
      View Details
    • Contact for pricing
      7,125 SF

      Downtown Restaurant Space Available

      Historic downtown Enid restaurant space for lease.
      221 W Randolph Ave, Enid, OK 73701
      View Details
    • $6 SF/Yr
      3,750 SF

      215 E Randolph Ave, Enid, OK

      3,750 sq ft retail space in downtown Enid, Oklahoma.
      215 E Randolph Ave, Enid, OK 73701
      View Details
    • Contact for pricing
      750 SF

      Enid Office Space For Rent

      Office space available for lease in Enid, Oklahoma.
      670 W Willow Rd, Enid, OK 73701
      View Details
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    2125 E Southgate Rd
    Enid, OK 73701
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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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