Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    7101 NW 150Th St Oklahoma City, OK 73142
    Back to Search
    Property profile & analytics

    7101 NW 150Th St Oklahoma City, OK 73142

    View on Map
    • Strip malls
    • 8,060 SF
    • 2.62 lot acres
    For Lease
    $20 SF/Yr
    View Listing →
    Retail Space with High Visibility For Lease
    $20 SF/Yr
    1,170 SF

    Retail Space with High Visibility

    Retail space featuring high visibility, ample parking, and versatile layout.

    7101 NW 150th St, Oklahoma City, OK
    View Listing
    Property ID
    US69-0363177
    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
    $4,285,000
    Cap Rate Potential
    4.3%
    Strip malls
    Location Intelligence

    Current Use by Public Records

    • Great Plains School of Dental Assisting / Dental Office / Vocational School
    • Donut Therapy / Bakery / Discount Store
    • Dr. Deren Flesher / Dental Office
    • Royal Oak Family Dental Of Oklahoma City / Dental Office
    • Nail Concepts & Spa / Nail Salon

    Property Details for 7101 NW 150Th St

    Year built
    2014
    Construction
    STEEL FRAME
    Lot size
    2.62 lot acres
    Property size
    8,060 SF
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    14-100-4050
    APU
    141004050

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $4,440,000
      ML approach
      $4,445,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $3,215,000
      6.5%
      $2,970,000
      7%
      $2,755,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Oklahoma City
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.6394
    Latitude
    35.624
    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
    $22,940
    $56,618
    $117,766
    $174,384
    -
    $514,714
    $1,070,599
    $1,585,313

    Comparable in this City

    • Value Estimation
      $1,150,000
      7,026 SF

      7000 122nd St

      SHOPPING CENTER, STRIP CENTER • 7,026 SF
      7000 122nd St, Oklahoma City, OK 73142-3906
      View Details
    • Value Estimation
      $2,555,000
      15,872 SF

      5616 Memorial Rd

      SHOPPING CENTER, STRIP CENTER • 15,872 SF
      5616 Memorial Rd, Oklahoma City, OK 73142-2014
      View Details
    • Value Estimation
      $2,500,000
      15,639 SF

      6200 Memorial Rd

      SHOPPING CENTER, STRIP CENTER • 15,639 SF
      6200 Memorial Rd, Oklahoma City, OK 73142-2051
      View Details
    • Value Estimation
      $1,660,000
      10,282 SF

      5500 Memorial Rd

      SHOPPING CENTER, STRIP CENTER • 10,282 SF
      5500 Memorial Rd, Oklahoma City, OK 73142-2048
      View Details
    • Value Estimation
      $1,890,000
      11,614 SF

      13401 Macarthur Blvd

      SHOPPING CENTER, STRIP CENTER • 11,614 SF
      13401 Macarthur Blvd, Oklahoma City, OK 73142-9109
      View Details
    • Value Estimation
      $840,000
      10,604 SF

      13429 Macarthur Blvd

      SHOPPING CENTER, STRIP CENTER • 10,604 SF
      13429 Macarthur Blvd, Oklahoma City, OK 73142-3149
      View Details

    Similar Nearby for Sale

    • $1,500,000
      Pending

      Commercial Land Ready to Build

      Flat commercial land in Oklahoma City, ready for development.
      8060 W Memorial Rd, Oklahoma City, OK 73142
      View Details
    • Contact for pricing

      Memorial Road Land Parcel

      2.63 acres on Memorial Road near Kilpatrick Turnpike.
      8401 W Memorial Rd, Oklahoma City, OK 73142
      View Details
    • $1,250,000
      2.63 Acres

      Oklahoma City Commercial Land Parcel

      2.63 acres on Memorial Road near Kilpatrick Turnpike.
      8401 W Memorial Rd, Oklahoma City, OK 73142
      View Details
    • $2,500,000
      5.24 Acres

      Corner Lot on Memorial Road

      Commercial land with frontage on Memorial and Council Roads.
      14111 N Council Rd, Oklahoma City, OK 73142
      View Details
    • Contact for pricing
      4,953 SF

      Oklahoma City Office For Sale

      Office property in northwest Oklahoma City's Turtle Creek Professional Office Park.
      13308 N Macarthur Blvd, Oklahoma City, OK 73142
      View Details
    • $585,000
      1 SF

      Developable Land Near Gaillardia

      One acre of land ready for development near retail.
      139TH St & Macarthur Blvd, Oklahoma City, OK 73142
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Commercial Land at Deercrest Marketplace

      Wal-Mart anchored power center with highly visible pad sites.
      N Rockwell Ave And Kilpatrick Tpke, Oklahoma City, OK 73142
      View Details
    • Contact for pricing

      Neighborhood Shopping Center Space Available

      Prime location with high traffic and modern storefronts.
      6400 W Memorial Rd, Oklahoma City, OK 73142
      View Details
    • Contact for pricing

      Retail Space in Power Center

      Retail space available in Wal-Mart anchored power center.
      14020 N Rockwell Ave, Oklahoma City, OK 73142
      View Details
    • Contact for pricing

      Retail Space in High-Traffic Area

      Retail suite with showroom and office in busy shopping center.
      12504 N Macarthur Blvd, Oklahoma City, OK 73142
      View Details
    • Contact for pricing

      Land Available Near Dental Office

      Land available for build-to-suit opportunity near a dental office.
      14901 N Rockwell Ave, Oklahoma City, OK 73142
      View Details
    • Contact for pricing

      Retail/Office Space in High-Traffic Area

      Two 1,000 SF suites in a busy retail location.
      12414 N Macarthur Blvd, Oklahoma City, OK 73142
      View Details
    View Listing
    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.
    7101 NW 150Th St
    Oklahoma City, OK 73142
    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

    Thank You for Inquiry
    7101 NW 150Th St, Oklahoma City, OK, 73142
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!