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

    931 Willow Ave Duncan, OK 73533-4921

    • Warehouses
    • 1,250 SF
    OFF-MARKET
    Last Sale
    Oct 09, 2020
    $205,000
    Value Estimations
    $190,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US69-1723541
    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

    • Warehouses

    Property Details for 931 Willow Ave

    Year built
    1950
    Property size
    1,250 SF
    Property type
    Warehouses
    APN
    1001-00-158-023-0-000-00
    APU
    100100158023000000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $170,000
      ML approach
      $175,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $252,000
      Market price range: $30.3k - $252k
      AI Estimate
      $165,000
      Market price range: $56.0k - $166k

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $110,000
      Current use
      OFFICE BUILDING
      $120,000
      Change: +11% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Duncan
    County
    Stephens
    State
    Oklahoma
    Longitude
    -97.9591
    Latitude
    34.5012
    CBSA code
    20340
    CBSA name
    DUNCAN, 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
    $1,366
    $1,801
    $14,957
    $16,758
    -
    $16,374
    $156,116
    $172,490

    Comparable in this City

    • Value Estimation
      $320,000
      4,000 SF

      2401 5th St

      WAREHOUSE, STORAGE • 4,000 SF
      2401 5th St, Duncan, OK 73533-3365
      View Details
    • Value Estimation
      $230,000
      3,040 SF

      615 6th St

      WAREHOUSE, STORAGE • 3,040 SF
      615 6th St, Duncan, OK 73533-7419
      View Details
    • Value Estimation
      $220,000
      3,731 SF

      220 7th St

      WAREHOUSE, STORAGE • 3,731 SF
      220 7th St, Duncan, OK 73533-4944
      View Details
    • Value Estimation
      $210,000
      4,000 SF

      15 7th St

      WAREHOUSE, STORAGE • 4,000 SF
      15 7th St, Duncan, OK 73533-4939
      View Details
    • Value Estimation
      $225,000
      4,000 SF

      499 Industrial Ave

      WAREHOUSE, STORAGE • 4,000 SF
      499 Industrial Ave, Duncan, OK 73533-2940
      View Details
    • Value Estimation
      $285,000
      2,520 SF

      397 Industrial Ave

      MINI-WAREHOUSE, STORAGE • 2,520 SF
      397 Industrial Ave, Duncan, OK 73533-2945
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      163,253 SF

      Duncan Industrial Complex - For Sale

      Multi-tenant industrial property, prime location.
      1015 Bois D'arc Ave, Duncan, OK 73533
      View Details
    • $750,000
      1.03 Acres

      Duncan Industrial Distribution Center

      Prime 21,600 SF Distribution Center, $750K
      401 Main St, Duncan, OK 73533
      View Details
    • $1,399,000
      146.00 Acres

      Duncan, OK Golf Course & Land

      146 Acres, Prime Development
      6755 Us-81, Duncan, OK 73533
      View Details
    • $250,000
      0.80 Acres

      Prime Duncan Office Building

      Main Street location, versatile office space.
      1301 Main St, Duncan, OK 73533
      View Details
    • $1,100,000
      6.00 Acres

      Prime Duncan Commercial Land

      6 Acres, Hwy 81 Frontage, C-4 Zoning
      2704 N St, Duncan, OK 73533
      View Details
    • $6,096,903
      7,536 SF

      Retail Property with Highway Access

      Retail property with long-term lease and highway accessibility.
      8703 Highway 7, Duncan, OK 73533
      View Details

    Similar Nearby for Lease

    • $13 SF/Yr
      10,655 SF

      Duncan Executive Office Space

      Prime Duncan location, 450 sq ft available
      1309 Ash Ave, Duncan, OK 73533
      View Details
    • $8 SF/Yr
      4,000 SF

      Retail Space Anchored by Grocer

      Retail space for lease with high foot traffic.
      109 E Main St, Duncan, OK 73533
      View Details
    • $10 SF/Yr
      13,950 SF

      Former Retail Space Available

      Former retail space with warehouse storage and shared parking.
      1500 W Plato Rd, Duncan, OK 73533
      View Details
    • $21 SF/Yr
      2,160 SF

      Retail Hub in Duncan, Oklahoma

      Dominant retail center with national tenants on US Highway 81.
      1829 S 81, Duncan, OK 73533
      View Details
    • $16 SF/Yr
      22,000 SF

      Duncan Tower: Modern Office Suites

      Downtown Duncan: Premium Office & Retail
      45 9Th St, Duncan, OK 73533
      View Details
    • $13 SF/Yr
      2,000 SF

      Retail/Office Space For Lease

      Retail or office space available in Deer Creek Center.
      4275 Highway 81 N, Duncan, OK 73533
      View Details
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    931 Willow Ave
    Duncan, OK 73533-4921
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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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