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    Property profile & analytics

    613 8th St Moore, OK 73160-3853

    • Hotels
    • 55,192 SF
    • 2.04 lot acres
    OFF-MARKET
    Value Estimations
    $845,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US69-0284598
    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

    • SpringHill Suites Oklahoma City Moore / Hotel / Meeting Planning Service
    • Springhills / Lodging

    Property Details for 613 8th St

    Year built
    2009
    Construction
    WOOD FRAME
    Lot size
    2.04 lot acres
    Property size
    55,192 SF
    Property type
    Hotels
    APN
    MC2 CITM2 8 008
    APU
    MC2CITM28008

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $810,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,308,000
      Market price range: $698k - $1.80M

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

    Location Insight

    • Map
    • Local Demand
    City
    Moore
    County
    Cleveland
    State
    Oklahoma
    Longitude
    -97.4975
    Latitude
    35.3476
    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
    $66,462
    $69,278
    $476,032
    $545,310
    -
    $577,322
    $3,966,933
    $4,544,255

    Comparable in this City

    • Value Estimation
      $780,000
      30,960 SF

      1809 Moore Ave

      HOTEL • 30,960 SF
      1809 Moore Ave, Moore, OK 73160-3668
      View Details
    • Value Estimation
      $765,000
      40,059 SF

      1701 Moore Ave

      HOTEL • 40,059 SF
      1701 Moore Ave, Moore, OK 73160-3669
      View Details
    • Value Estimation
      $865,000
      36,653 SF

      621 8th St

      HOTEL • 36,653 SF
      621 8th St, Moore, OK 73160-3853
      View Details
    • Value Estimation
      $835,000
      26,115 SF

      1401 Moore Ave

      HOTEL • 26,115 SF
      1401 Moore Ave, Moore, OK 73160-3666
      View Details
    • Value Estimation
      $835,000
      24,010 SF

      614 8th St

      HOTEL • 24,010 SF
      614 8th St, Moore, OK 73160-3853
      View Details
    • Value Estimation by Request
      0.84 Acres

      2800 Woodlawn Dr

      Commercial real estate • 0.84 Acres
      2800 Woodlawn Dr, Moore, OK 73160
      View Details

    Similar Nearby for Sale

    • $950,000
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      High-Visibility Moore Medical Office

      Prime I-35 location, established medical practice.
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      View Details
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      Prime Moore, OK Commercial Lot

      0.79-Acre Vacant Lot - Investment Opportunity
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      Prime Moore, OK Commercial Lot

      0.8-Acre Lot, High Visibility
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    • $673,005
      3,084 SF

      Moore Investment Opportunity: Two-Family Income Property

      High-Yield Residential Duplex Near I-35
      2816 Woodlawn Dr, 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
    • $1,300,000
      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

    Similar Nearby for Lease

    • $14 SF/Yr
      11,900 SF

      19th Street Plaza: Moore Office Space

      Modern Moore Office & Retail Suites
      2990 19Th Pl, Moore, OK 73160
      View Details
    • Contact for pricing
      5,000 SF

      Retail Space Near Walmart Market

      Retail space available in a busy shopping center.
      2101-2219 NW 23Rd St, Oklahoma City, OK 73160
      View Details
    • $9,000 /Mo
      7,500 SF

      Warehouse with Drive-Thru Bays

      7,500 SF warehouse featuring drive-thru bays and fenced yard.
      501 NE 27Th Ter, Moore, OK 73160
      View Details
    • Contact for pricing

      Corner Commercial Land for Rent

      Commercial land for rent at Broadway and 12th St.
      1301 N Broadway St, Moore, OK 73160
      View Details
    • $12 SF/Yr
      2,000 SF

      Retail Space For Rent

      Retail space available in a busy corridor with easy accessibility.
      819 SW 19Th Pl, Moore, OK 73160
      View Details
    • $1,600,000
      11,176 SF

      Industrial Property with Fenced Yard

      Warehouse with convenient access, fenced yard, and dock.
      2404 S Broadway St, Moore, OK 73160
      View Details
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    613 8th St
    Moore, OK 73160-3853
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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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