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    2555 Harrison St Shawnee, OK 74804-3130

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    2555 Harrison St Shawnee, OK 74804-3130

    View on Map
    • Automotive properties
    • 2,261 SF
    • 5.35 lot acres
    Off-Market
    Last Sale Oct 5, 2020
    Property ID
    US69-0559182
    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
    $555,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Automotive properties

    Property Details for 2555 Harrison St

    Year built
    2011
    Lot size
    5.35 lot acres
    Property size
    2,261 SF
    Property type
    Automotive properties
    APN
    3470-00-001-001-0-000-00
    APU
    347000001001000000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $555,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $553,000
      Market price range: $94.9k - $553k

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $825,000
      RETAIL STORES
      $785,000
      NEIGHBORHOOD: SHOPPING CENTER
      $640,000
      MEDICAL BUILDING
      $600,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Shawnee
    County
    Pottawatomie
    State
    Oklahoma
    Longitude
    -96.9119
    Latitude
    35.3592
    CBSA code
    43060
    CBSA name
    SHAWNEE, 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
    $29,550
    $23,679
    $287,276
    $310,955
    -
    $197,321
    $2,393,967
    $2,591,288

    Comparable in this City

    • Value Estimation
      $3,670,000
      38,230 SF

      Shawnee, OK 74804

      VEHICLE SALES, RENTALS • 38,230 SF
      Shawnee, OK 74804
      View Details
    • Value Estimation by Request
      4,126 SF

      3200 Harrison St

      VEHICLE SALES, RENTALS • 4,126 SF
      3200 Harrison St, Shawnee, OK 74804-2216
      View Details
    • Value Estimation by Request
      6,975 SF

      4151 Harrison St

      VEHICLE SALES, RENTALS • 6,975 SF
      4151 Harrison St, Shawnee, OK 74804
      View Details
    • Value Estimation
      $3,670,000
      38,230 SF

      Shawnee, OK 74804

      VEHICLE SALES, RENTALS • 38,230 SF
      Shawnee, OK 74804
      View Details
    • Value Estimation
      $2,945,000
      35,332 SF

      4940 Automall Dr

      VEHICLE SALES, RENTALS • 35,332 SF
      4940 Automall Dr, Shawnee, OK 74804-3211
      View Details
    • Value Estimation by Request
      1,500 SF

      4141 Harrison St

      VEHICLE SALES, RENTALS • 1,500 SF
      4141 Harrison St, Shawnee, OK 74804-1414
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,968 SF

      McAlister's Deli Investment Property

      NNN leased McAlister's Deli in Shawnee, OK for sale.
      4605 N Kickapoo Ave, Shawnee, OK 74804
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      23,500 SF

      Commercial Building with Warehouse Space

      23,500 SF building with 16,000 SF warehouse for sale.
      4900 N Union Ave, Shawnee, OK 74804
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    • $295,000
      2.29 Acres

      Prime Commercial Lot in Shawnee

      2.2+/- acre commercial lot in high-traffic Shawnee location.
      Elberta Ave, Shawnee, OK 74804
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    • $299,000
      4,230 SF

      Adaptable Commercial Space in Shawnee

      Corner lot with flexible space near commercial corridor.
      3803 North Bryan Ave, Shawnee, OK 74804
      View Details
    • $499,000
      1.25 Acres

      Shawnee Commercial Land Opportunity

      1.25 acre commercial tract near I-40 and Highway 102.
      4610 S Hwy 102 #1, Shawnee, OK 74804
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    • $205,000
      5,443 SF

      Shawnee Commercial Opportunity on Broadway

      Versatile commercial space ideal for retail or restaurant ventures.
      1525 N Broadway Ave, Shawnee, OK 74804
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    Similar Nearby for Lease

    • Contact for pricing

      Versatile Commercial Space with Overhead Door

      2,800 sq ft space with utilities included near I-77.
      14106 Acme Rd, Shawnee, OK 74804
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    • Contact for pricing
      5,500 SF

      Retail Space on Independence Street

      Retail spaces available in Shawnee, Oklahoma shopping center.
      701-749 E Independence St, Shawnee, OK 74804
      View Details
    • Contact for pricing
      2,200 SF

      Retail Space Near Shawnee Mall

      Retail space for rent near Shawnee Mall and I-40.
      500 Shawnee Mall Dr, Shawnee, OK 74804
      View Details
    • Contact for pricing

      Retail Space Anchored by Homeland

      Retail space available for ground lease anchored by Homeland.
      1500 N Kickapoo Ave, Shawnee, OK 74804
      View Details
    • Contact for pricing
      1,600 SF

      Retail Space Near Walmart

      Retail space available in high-visibility location near Walmart.
      4903 N Union Ave, Shawnee, OK 74804
      View Details
    • $13 SF/Yr
      5,000 SF

      Retail Space in Shawnee, OK

      Retail space available in a high-traffic Shawnee location.
      2802-2818 N Kickapoo Ave, Shawnee, OK 74804
      View Details
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    2555 Harrison St
    Shawnee, OK 74804-3130
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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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