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

    7424 84th St Oklahoma City, OK 73132-4271

    • Flex space
    • 4,004 SF
    • 0.27 lot acres
    OFF-MARKET
    Value Estimations
    $320,000
    Show details
    Cap Rate Potential
    9%
    Flex space
    Location Intelligence
    Property ID
    US69-0476944
    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

    • VAM USA / Manufacturer

    Property Details for 7424 84th St

    Year built
    2002
    Construction
    STEEL FRAME
    Lot size
    0.27 lot acres
    Property size
    4,004 SF
    Property type
    Flex space
    APN
    12-550-1630
    APU
    125501630

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $270,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $405,000
      6.5%
      $375,000
      7%
      $350,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $315,000
      Market price range: $222k - $457k
      AI Estimate
      $226,000
      Market price range: $169k - $296k

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $330,000
      Current use
      WAREHOUSE, STORAGE
      $275,000
      Change: -16% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Oklahoma City
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.6461
    Latitude
    35.5566
    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
    $3,484
    $4,426
    $24,152
    $28,578
    -
    $47,385
    $258,566
    $305,951

    Comparable in this City

    • Value Estimation
      $255,000
      10,560 SF

      7001 80th St

      LIGHT INDUSTRIAL • 10,560 SF
      7001 80th St, Oklahoma City, OK 73132
      View Details
    • Value Estimation
      $310,000
      7,108 SF

      7608 Council Rd

      LIGHT INDUSTRIAL • 7,108 SF
      7608 Council Rd, Oklahoma City, OK 73132-4198
      View Details
    • Value Estimation
      $390,000
      3,200 SF

      8313 Glade Ave

      LIGHT INDUSTRIAL • 3,200 SF
      8313 Glade Ave, Oklahoma City, OK 73132-4277
      View Details
    • Value Estimation
      $335,000
      3,000 SF

      7141 80th St

      LIGHT INDUSTRIAL • 3,000 SF
      7141 80th St, Oklahoma City, OK 73132-4145
      View Details
    • Value Estimation
      $335,000
      13,600 SF

      7000 80th St

      LIGHT INDUSTRIAL • 13,600 SF
      7000 80th St, Oklahoma City, OK 73132-4296
      View Details
    • Value Estimation
      $340,000
      5,800 SF

      7416 83rd St

      LIGHT INDUSTRIAL • 5,800 SF
      7416 83rd St, Oklahoma City, OK 73132-4275
      View Details

    Similar Nearby for Sale

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      62,307 SF

      Warehouse with Large Parking Lot

      Two warehouses on a large lot with ample parking.
      6901 NW 63Rd St, Oklahoma City, OK 73132
      View Details
    • $346,500

      New Construction Warehouse/Shop For Sale

      2,100 SF warehouse/shop for sale, completion February 2026.
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    • $695,000

      New Commercial Building For Sale

      4,620 SF new construction warehouse/shop, completion February 2026.
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    • Contact for pricing
      41,600 SF

      Oklahoma City Industrial Portfolio

      41,600 SF NNN Leaseback Opportunity
      6625 Wilshire Blvd, Oklahoma City, OK 73132
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    • $1,252,174
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      Take 5 Oil Change - Warr Acres

      High-Yield Auto Shop Investment, OK
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    • $130,000
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      Commercial land with flexible zoning in a prime Oklahoma City location.
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    Similar Nearby for Lease

    • $10 SF/Yr
      6,000 SF

      6,000 SF on 0.67 Acres Industrial Flex Space For Lease - 8200 Glade Avenue

      6,000 SF on 0.67 Acres Industrial Flex Space For Lease - 8200 Glade Avenue
      8200 Glade Avenue, Oklahoma City, OK 73132
      View Details
    • $12 SF/Yr
      4,500 SF

      Industrial Property with Office Space

      4,500 SF industrial property with office and warehouse space.
      7408 NW 85Th St, Oklahoma City, OK 73132
      View Details
    • $12 SF/Yr
      93,600 SF

      Oklahoma City Warehouse Space

      Modern flex warehouse suites, 1,950-3,900 SF.
      8101 Silver Xing, Oklahoma City, OK 73132
      View Details
    • $8 SF/Yr
      3,000 SF

      Stand-Alone Warehouse Space Available

      6,000 SF stand-alone metal building with 3,000 SF available.
      8060 N Glade Ave, Oklahoma City, OK 73132
      View Details
    • $12 SF/Yr
      4,000 SF

      Office/Warehouse Near NW Expressway

      Stand-alone office/warehouse with easy access to major thoroughfares.
      7424 NW 84Th St, Oklahoma City, OK 73132
      View Details
    • $5,100 /Mo
      6,000 SF

      6,000 SF Stand-Alone Metal Building

      6,000 SF metal building with office space for rent.
      8106 Glade Ave, Oklahoma City, OK 73132
      View Details
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    Oklahoma City, OK 73132-4271
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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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