Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    Ash Ave, OK

    • Office buildings
    • 720 SF
    • 3.47 lot acres
    OFF-MARKET
    Last Sale
    Aug 10, 2022
    $450,000
    Value Estimations
    $575,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US69-0259393
    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

    • Office buildings

    Property Details

    Year built
    2019
    Lot size
    3.47 lot acres
    Property size
    720 SF
    Property type
    Office buildings
    APN
    0000-01-02S-04W-4-002-00
    APU
    00000102S04W400200

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $575,000
      ML approach
      $520,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Ash Ave
    County
    Stephens
    State
    Oklahoma
    Longitude
    -97.5685
    Latitude
    34.4058
    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
    $3,815
    $1,475
    $48,025
    $49,500
    -
    $13,406
    $436,594
    $450,000

    Comparable in this City

    • Value Estimation
      $330,000
      2,400 SF

      580 Rd

      OFFICE BUILDING • 2,400 SF
      580 Rd, Rd, OK
      View Details
    • Value Estimation
      $310,000
      2,400 SF

      310 Highway

      OFFICE BUILDING • 2,400 SF
      310 Highway, 44, OK
      View Details
    • Value Estimation
      $265,000
      480 SF

      Charlotte, OK

      OFFICE BUILDING • 480 SF
      302, Charlotte, OK
      View Details
    • Value Estimation
      $275,000
      180 SF

      1401s25e2010, OK

      OFFICE BUILDING • 180 SF
      1401s25e2010, OK
      View Details
    • Value Estimation
      $520,000
      13,205 SF

      Professional Cir, OK

      OFFICE BUILDING • 13,205 SF
      Professional Cir, OK
      View Details
    • Value Estimation
      $405,000
      3,644 SF

      Highway

      OFFICE BUILDING • 3,644 SF
      Highway, 152, OK
      View Details

    Similar Nearby for Sale

    • $1,200,000
      4,980 SF

      Fully Leased Office Building

      Fully leased office building with a 7.02% cap rate.
      1621 Midtown Pl, Oklahoma City, OK
      View Details
    • $210,000
      2,880 SF

      Highway Frontage Office Building

      Office building with highway frontage near casino and racetrack.
      21031 S 4193 Rd, Claremore, OK
      View Details
    • $99,000
      714 SF

      Fletcher Office Building For Sale

      Office building with frontage and development potential in Fletcher, OK.
      104 Us-277, Fletcher, OK
      View Details
    • $1,280,000
      2,828 SF

      Coweta Commercial Building For Sale

      2800 SF office space near Walmart and upcoming Turnpike.
      12127 Hwy S, Coweta, OK
      View Details
    • $1,750,000
      12,454 SF

      Tulsa Office Building For Sale

      Professional office building in Tulsa's Sheridan Chase Office Park.
      6911 S 66 Ave E, Tulsa, OK
      View Details
    • $199,900
      2,426 SF

      Office Building with Residential House

      Office building and house generating rental income in Coweta, OK.
      South 292 Ave East, Coweta, OK
      View Details

    Similar Nearby for Lease

    • $1,799,000
      3,619 SF

      Two-Story Office Building with Annex

      Two-story office building with annex, ample parking, and signage.
      12312 St Andrews Dr, Oklahoma City, OK
      View Details
    • $3,500 /Mo
      2,816 SF

      Remodeled Office Building Near Lawton

      Remodeled office building with modern amenities and ample parking.
      22937 Ok-58, Lawton, OK
      View Details
    • $12 SF/Yr
      2,070 SF

      Broadway Tech Business Center Space

      Office and flex space available near Broadway Extension and I-44.
      7510 Broadway Ext Hwy, Oklahoma City, OK
      View Details
    • $7 SF/Yr
      23,700 SF

      Climate Controlled Warehouse with Office

      17,405 SF climate-controlled warehouse with 6,295 SF office space.
      39th NE St, Oklahoma City, OK
      View Details
    • $10 SF/Yr
      25,214 SF

      Neighborhood Shopping Center with Mixed-Use

      31,269 square foot shopping center with high traffic counts.
      7100 S I-35 Service Rd, Oklahoma City, OK
      View Details
    • $18 SF/Yr
      2,000 SF

      Bixby Office Space Available

      Office space featuring reception, offices, restrooms, and break area.
      10462 S 82 Ave, Bixby, OK
      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.
    Ash Ave, OK
    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

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.