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

    404 Eastern Ave Moore, OK 73160-5942

    • Strip malls
    • 26,004 SF
    • 4.42 lot acres
    OFF-MARKET
    Value Estimations
    $1,420,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US69-0285043
    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

    • Strip malls

    Property Details for 404 Eastern Ave

    Year built
    1979
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    4.42 lot acres
    Property size
    26,004 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    MC2 ETMOR B 008
    APU
    MC2ETMORB008

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,903,000
      Market price range: $1.38M - $4.67M
      AI Estimate
      $1,571,000
      Market price range: $741k - $4.60M

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

    Location Insight

    • Map
    • Local Demand
    City
    Moore
    County
    Cleveland
    State
    Oklahoma
    Longitude
    -97.4751
    Latitude
    35.3357
    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
    $25,661
    $54,727
    $155,821
    $210,548
    -
    $673,873
    $1,918,659
    $2,592,532

    Comparable in this City

    • Value Estimation
      $735,000
      9,240 SF

      816 4th St

      SHOPPING CENTER, STRIP CENTER • 9,240 SF
      816 4th St, Moore, OK 73160-7306
      View Details
    • Value Estimation
      $2,760,000
      26,680 SF

      421 Eastern Ave

      SHOPPING CENTER, STRIP CENTER • 26,680 SF
      421 Eastern Ave, Moore, OK 73160-5942
      View Details
    • Value Estimation
      $2,810,000
      9,200 SF

      1901 Moore Ave

      SHOPPING CENTER, STRIP CENTER • 9,200 SF
      1901 Moore Ave, Moore, OK 73160-3602
      View Details
    • Value Estimation
      $2,470,000
      17,524 SF

      2712 Telephone Rd

      SHOPPING CENTER, STRIP CENTER • 17,524 SF
      2712 Telephone Rd, Moore, OK 73160-2909
      View Details
    • Value Estimation
      $2,500,000
      11,087 SF

      1991 Tower Dr

      SHOPPING CENTER, STRIP CENTER • 11,087 SF
      1991 Tower Dr, Moore, OK 73160-2388
      View Details
    • Value Estimation
      $8,450,000
      31,972 SF

      1003 19th St

      SHOPPING CENTER, STRIP CENTER • 31,972 SF
      1003 19th St, Moore, OK 73160-2806
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3.82 Acres

      Moore, OK Retail Land Opportunity

      3.82-acre corner lot, high visibility, I-35 proximity
      0 34Th Ter, Moore, OK 73160
      View Details
    • $3,633,333
      5,345 SF

      Johnnie's Charcoal Broiler - Moore, OK

      NNN Leased Restaurant Investment
      2305 S Telephone Rd, Moore, OK 73160
      View Details
    • $450,000
      4,576 SF

      4,576 SF Metal Building

      Metal building on 2 acres, suitable for various uses.
      11113 South Sunnylane Rd, Oklahoma City, OK 73160
      View Details
    • $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
    • $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

    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
    • 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
    • $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
      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
    • 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
    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.
    404 Eastern Ave
    Moore, OK 73160-5942
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.