Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    921 40th St Woodward, OK 73801-1726
    Property profile & analytics

    921 40th St, Woodward, OK 73801-1726

    View on Map
    • Day care centers
    • 4,374 SF
    • 0.85 lot acres
    Off-Market
    Property ID
    US69-1374911
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Growing Hearts / Daycare Center

    Property Details for 921 40th St

    Year built
    1976
    Lot size
    0.85 lot acres
    Property type
    Day care centers
    APN
    0410-27-23N-21W-4-424-00
    APU
    04102723N21W442400

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 5, 2023 — Leslie Hosier — Deed · related $180k · The Stock Exchange Bank
    Apr 9, 2019 — Leslie Hosier — Deed · related $182k · The Stock Exchange Bank
    Dec 31, 2015 $230,000 Leslie Hosier John B Adams Joint Tenancy Deed · related $184k · The Stock Exchange Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Woodward
    County
    Woodward
    State
    Oklahoma
    Longitude
    -99.4327
    Latitude
    36.4369
    CBSA code
    49260
    CBSA name
    WOODWARD, OK MICROPOLITAN 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
    $1,441
    $2,036
    $13,758
    $15,794
    -
    $18,513
    $125,072
    $143,585

    Comparable in this City

    • Value Estimation by Request
      5,500 SF

      1517 Downs Ave

      DAY CARE, PRE-SCHOOL
      1517 Downs Ave, Woodward, OK 73801-5434
      View Details
    • Value Estimation by Request
      4,510 SF

      2313 Texas St

      DAY CARE, PRE-SCHOOL
      2313 Texas St, Woodward, OK 73801
      View Details
    • Value Estimation by Request
      15,752 SF

      1900 Kansas Ave

      DAY CARE, PRE-SCHOOL
      1900 Kansas Ave, Woodward, OK 73801-2914
      View Details
    • Value Estimation by Request
      1,069 SF

      215 Oklahoma Ave

      VETERINARY, ANIMAL HOSPITAL
      215 Oklahoma Ave, Woodward, OK 73801-5003
      View Details
    • Value Estimation by Request
      1,120 SF

      1218 2nd St

      VETERINARY, ANIMAL HOSPITAL
      1218 2nd St, Woodward, OK 73801
      View Details
    • Value Estimation by Request
      3,280 SF

      3020 8th St

      VETERINARY, ANIMAL HOSPITAL
      3020 8th St, Woodward, OK 73801-6714
      View Details

    Similar Nearby for Sale

    • $585,000
      2,900 SF

      Woodward OK Commercial Property

      High-traffic commercial property suitable for various business uses.
      2224 8Th St, Woodward, OK 73801
      View Details
    • $120,000
      4,000 SF

      Woodward Commercial Property with New Roof

      Turnkey commercial building in Woodward, OK with recent upgrades.
      2308 Santa Fe St, Woodward, OK 73801
      View Details
    • $720,000

      Three Building Property For Sale

      Three building property located at the corner of Oklahoma and 48th.
      4620 Oklahoma Ave, Woodward, OK 73801
      View Details
    • $190,000
      6.34 Acres

      Versatile Commercial Building on Main

      Commercial building with event venue and salon in Woodward, OK.
      915A Main St, Woodward, OK 73801
      View Details
    • $300,000

      Main Street Woodward Commercial Building

      Prime Location, Versatile Space, High Traffic
      1923 Main St, Woodward, OK 73801
      View Details
    • Contact for pricing
      9,000 SF

      Commercial Building on Fenced Yard

      9,000 sqft commercial building on 6-acre fenced lot.
      205659 E County Road 43, Woodward, OK 73801
      View Details

    Similar Nearby for Lease

    • $10 SF/Yr

      Commercial Space in Woodward, OK

      Retail or office space available for lease in Woodward.
      2728 Williams Ave, Woodward, OK 73801
      View Details
    • Contact for pricing
      7,990 SF

      Prime Retail Space For Rent

      High-traffic retail space with national tenant anchors.
      3305 1St St, Woodward, OK 73801
      View Details
    • Contact for pricing
      3,235 SF

      Drive-Thru Restaurant Sublease Opportunity

      Sublease opportunity with drive-thru and excellent visibility on Oklahoma Avenue.
      2617 Oklahoma Ave, Woodward, OK 73801
      View Details
    • $2,239 /Mo

      Prime Woodward Commercial Space Available

      2125 SF retail/storage space in high-traffic location.
      2118 Oklahoma Ave, Woodward, OK 73801
      View Details
    • $9,395 /Mo

      Versatile Commercial Building in Woodward, OK

      Spacious, well-equipped commercial building with customizable layout and ample parking.
      2119 Main St, Woodward, OK 73801
      View Details
    • $2,664 /Mo

      Versatile Retail Space in Woodward

      2530 sq ft retail space in high-traffic location.
      2116 Oklahoma Ave, Woodward, OK 73801
      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.
    921 40th St
    Woodward, OK 73801-1726
    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
    921 40th St, Woodward, OK, 73801
    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!