Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2308 Pole Rd Moore, OK 73160-4189

    • Industrial properties
    • 7,500 SF
    • 0.57 lot acres
    OFF-MARKET
    Last Sale
    Oct 23, 2024
    Value Estimations
    $505,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US69-0193911
    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

    • Industrial properties

    Property Details for 2308 Pole Rd

    Year built
    1994
    Construction
    STEEL FRAME
    Lot size
    0.57 lot acres
    Property size
    7,500 SF
    Zone code
    ZN C5
    Property type
    Industrial properties
    APN
    MC2 HGHBP 2001
    APU
    MC2HGHBP2001

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $310,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $590,000
      Market price range: $389k - $852k
      AI Estimate
      $398,000
      Market price range: $243k - $600k

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $615,000
      Current use

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

    Location Insight

    • Map
    • Local Demand
    City
    Moore
    County
    Cleveland
    State
    Oklahoma
    Longitude
    -97.485
    Latitude
    35.3611
    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
    $4,765
    $8,626
    $30,468
    $39,094
    -
    $74,706
    $263,847
    $338,553

    Comparable in this City

    • Value Estimation by Request
      59,250 SF

      9341-9353 Eastern Ave

      Distribution properties • 59,250 SF
      9341-9353 Eastern Ave, Oklahoma City, OK 73160
      View Details
    • Value Estimation by Request
      2,816 SF

      3600 Eastern Ave

      INDUSTRIAL (GENERAL) • 2,816 SF
      3600 Eastern Ave, Moore, OK 73160-9002
      View Details
    • Value Estimation by Request
      2,080 SF

      2817 Hillcrest Ave

      INDUSTRIAL (GENERAL) • 2,080 SF
      2817 Hillcrest Ave, Moore, OK 73160-3223
      View Details
    • Value Estimation by Request

      SHIELDS BUSINESS PARK

      Available industrial space
      2605 - 2609 & 2615 N. SHIELDS | Moore, OK 73160, Moore, OK 73160
      View Details
    • Value Estimation
      $1,015,000
      5,750 SF

      121 1st St

      INDUSTRIAL (GENERAL) • 5,750 SF
      121 1st St, Oklahoma City, OK 73160
      View Details
    • Value Estimation by Request
      2,040 SF

      1401 19th St

      INDUSTRIAL (GENERAL) • 2,040 SF
      1401 19th St, Moore, OK 73160-7430
      View Details

    Similar Nearby for Sale

    • $639,000
      3,640 SF

      Renovated Automotive Property For Sale

      Automotive property with lifts and recent renovations available for sale.
      1809 S Eastern Ave, Moore, OK 73160
      View Details
    • $1,600,000
      11,176 SF

      Moore Industrial Property: Prime Location

      11,176 SF Warehouse/Distribution
      2404 Broadway Ave, Moore, OK 73160
      View Details
    • $1,750,000
      16,845 SF

      Oklahoma City Industrial Property

      16,845 SF industrial property available in Oklahoma City.
      1610 NE 4Th St, Oklahoma City, OK 73160
      View Details
    • Contact for pricing
      69.00 Acres

      69-Acre I-35 Commercial Land

      Prime OKC Metro development opportunity.
      2900 I-35 Service Rd, Moore, OK 73160
      View Details
    • Contact for pricing
      40.20 Acres

      40.2 AC Oklahoma City MSA Opportunity I-35 HWY Frontage

      Land • 40.20 Acres
      800 34Th Ter, Moore, OK 73160
      View Details
    • $721,000
      1.38 Acres

      Industrial Land: Moore, OK

      1.38-Acre C-3 Zoned Lot - $721K
      2404 Broadway Ave, Moore, OK 73160
      View Details

    Similar Nearby for Lease

    • $9 SF/Yr
      6,020 SF

      Industrial Space Available for Lease

      6,020 SF industrial property available for lease in Moore, OK.
      700 Vermeer Dr, Moore, OK 73160
      View Details
    • $10 SF/Yr
      22,724 SF

      Industrial Space with Interstate Access

      Available industrial space with ample parking and easy interstate access.
      2503 N Shields Blvd, Oklahoma City, OK 73160
      View Details
    • $9 SF/Yr
      8,464 SF

      Oklahoma City Warehouse Space Available

      8,464 SF warehouse space for lease in Oklahoma City.
      4701 SW 18Th St, Oklahoma City, OK 73160
      View Details
    • Contact for pricing
      9,928 SF

      Oklahoma City Industrial Complex

      Three-building office-warehouse complex with versatile space for various industrial uses.
      2317 S Eastern Ave, Oklahoma City, OK 73160
      View Details
    • Contact for pricing
      16,050 SF

      Stand Alone Facility with Billboard

      Renovated office and warehouse with fenced lot and billboard.
      3750 Service Rd, Oklahoma City, OK 73160
      View Details
    • $10 SF/Yr
      2,000 SF

      Industrial Space with HVAC

      2,000 SF industrial space featuring HVAC, office, and bathroom.
      839 SW 19Th Pl, Moore, OK 73160
      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.
    2308 Pole Rd
    Moore, OK 73160-4189
    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.