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

    2990 19Th Pl Moore, OK 73160

    • Strip malls
    • 12,033 SF
    • 0.99 lot acres
    For Lease
    View listing
    $14 SF/Yr
    Last Sale
    Dec 22, 2023
    $1,630,000
    Value Estimations
    $1,550,000
    Cap Rate Potential
    9.4%
    Strip malls
    Location Intelligence
    Property ID
    US69-0759848
    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

    • Keepsake Fabric & Quilts / Fabric Store
    • Moore for your health / Doctor
    • Farmers Insurance - Ryan John / Insurance Agency
    • Rapha 180 / Health Spa
    • Michael's Catering / Caterer

    Property Details for 2990 19Th Pl

    Lot size
    0.99 lot acres
    Property size
    12,033 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    MC2 KEPSS 1 2001
    APU
    MC2KEPSS12001

    Description

    19th Street Plaza, located at 2990 SE 19th St, Moore, OK 73160, offers exceptional office and retail space in Cleveland County. This 11,900 square foot building, constructed in 2018, features a mix of medical and traditional office suites, perfect for a variety of businesses. Currently, 2,450 square feet are available, divisible to a minimum of 1,200 square feet, with individual units ranging from 625 to 1,270 square feet. The property boasts ample parking with 58 spaces available for tenants and their clients. Its convenient location near Sunnylane provides easy access for employees and customers. The building's modern design and flexible floor plans make it ideal for retail businesses, medical practices, or general office use. This multi-tenant property presents a fantastic opportunity to establish or expand your business in a thriving Moore community. The property is easily accessible and offers a great opportunity for businesses seeking a modern and functional space. Don't miss this chance to secure your space in this desirable location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $2,165,000
      ML approach
      $2,080,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $981,000
      Market price range: $639k - $2.16M

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $1,365,000
      Current use
      MEDICAL BUILDING
      $1,880,000
      Change: +38% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $1,790,000
      Change: +31% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $1,700,000
      Change: +25% Conversion: Easy
      RETAIL STORES
      $1,580,000
      Change: +16% Conversion: Easy
      OFFICE BUILDING
      $1,545,000
      Change: +13% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Moore
    County
    Cleveland
    State
    Oklahoma
    Longitude
    -97.442
    Latitude
    35.3194
    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
    $13,238
    $11,668
    $96,953
    $108,621
    -
    $129,373
    $1,074,973
    $1,204,346

    Comparable in this City

    • Value Estimation
      $685,000
      14,400 SF

      1400 Eastern Ave

      SHOPPING CENTER, STRIP CENTER • 14,400 SF
      1400 Eastern Ave, Moore, OK 73160-5740
      View Details
    • Value Estimation
      $1,595,000
      20,950 SF

      1200 Eastern Ave

      SHOPPING CENTER, STRIP CENTER • 20,950 SF
      1200 Eastern Ave, Moore, OK 73160-5859
      View Details
    • Value Estimation by Request
      567 SF

      636 Broadway St

      SHOPPING CENTER, STRIP CENTER • 567 SF
      636 Broadway St, Moore, OK 73160-4814
      View Details
    • Value Estimation by Request
      1,698 SF

      633 Broadway St

      SHOPPING CENTER, STRIP CENTER • 1,698 SF
      633 Broadway St, Moore, OK 73160-4813
      View Details
    • Value Estimation by Request
      3,230 SF

      642 Broadway St

      SHOPPING CENTER, STRIP CENTER • 3,230 SF
      642 Broadway St, Moore, OK 73160-4814
      View Details
    • Value Estimation
      $775,000
      5,280 SF

      412 Telephone Rd

      SHOPPING CENTER, STRIP CENTER • 5,280 SF
      412 Telephone Rd, Moore, OK 73160-4920
      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
    • Contact for pricing
      45,127 SF

      Moore, OK Commercial Property

      Commercial property in Moore, OK, suitable for auto industry.
      2865 N Shields Blvd, Moore, OK 73160
      View Details
    • $1,300,000
      7,900 SF

      South Oklahoma City Retail Building

      7,900 SF retail building in strategic South Oklahoma City location.
      2901 N Shields Blvd, Moore, OK 73160
      View Details
    • $619,000
      4,470 SF

      Retail/Flex Space on Main Street

      Retail/flex space with showroom and frontage on Main Street.
      704 E Main St, Oklahoma City, OK 73160
      View Details
    • $3,633,333
      5,345 SF

      NNN Retail Property For Sale

      Freestanding retail property with long-term absolute NNN lease.
      2305 S Telephone Rd, Moore, OK 73160
      View Details
    • $1,000,000
      2,833 SF

      Retail Property in Moore, OK

      Retail property for sale in Moore, Oklahoma, totaling 2,833 square feet.
      2100 N Broadway St, Moore, OK 73160
      View Details

    Similar Nearby for Lease

    • $13 SF/Yr
      1,600 SF

      Retail Space in Moore, OK

      Retail space for lease in high-visibility Moore strip center.
      1219 N Broadway St, Moore, OK 73160
      View Details
    • $12 SF/Yr
      1,000 SF

      Retail Space in Del City

      Neighborhood shopping center with high visibility and access.
      1501 S Sunnylane Rd, Oklahoma City, OK 73160
      View Details
    • Contact for pricing
      1,600 SF

      Retail Space in Westgate Marketplace

      Prime retail location in a super-regional shopping destination.
      6301 SW 3Rd St, Oklahoma City, OK 73160
      View Details
    • Contact for pricing
      23,200 SF

      Retail Space Near Kohl's

      23,200 +/- sf retail space near I-35.
      2600 S Telephone Rd, Moore, OK 73160
      View Details
    • Contact for pricing
      4,440 SF

      Prime Retail Space in Oklahoma

      Premier shopping destination in western Oklahoma City.
      6315 SW 3Rd St, Oklahoma City, OK 73160
      View Details
    • Contact for pricing
      23,400 SF

      Retail Space in Moore Center

      High-visibility retail space available in a busy Moore shopping center.
      2000 S Service Rd, Moore, OK 73160
      View Details
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    2990 19Th Pl
    Moore, OK 73160
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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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