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

    14900 SE 29Th St Choctaw, OK 73020

    • Banks
    • 2,942 SF
    • 1.61 lot acres
    For Sale
    View listing
    $850,000
    Last Sale
    May 18, 2022
    $775,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US69-0318115
    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

    • Isalis / Boutique / Women'S Clothing Store
    • Party City / Party Store / Balloon Store
    • Skunk Funk / Wholesaler / Clothing Store
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop

    Property Details for 14900 SE 29Th St

    Year built
    2007
    Construction
    WOOD FRAME
    Lot size
    1.61 lot acres
    Property size
    2,942 SF
    Property type
    Banks
    APN
    14-405-0255
    APU
    144050255

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $790,000
      ML approach
      $750,000

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

    Location Insight

    • Map
    • Local Demand
    City
    29th St
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.2654
    Latitude
    35.4348
    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
    $10,016
    $30,756
    $54,780
    $85,536
    -
    $279,600
    $498,000
    $777,600

    Comparable in this City

    • Value Estimation
      $265,000
      3,852 SF

      Highway

      FINANCIAL BUILDING • 3,852 SF
      Highway, 44, OK
      View Details
    • Value Estimation
      $370,000
      6,785 SF

      N

      FINANCIAL BUILDING • 6,785 SF
      N, Main St, OK
      View Details
    • Value Estimation
      $390,000
      5,713 SF

      Highway

      FINANCIAL BUILDING • 5,713 SF
      Highway, 152, OK
      View Details
    • Value Estimation
      $435,000
      4,646 SF

      NW

      FINANCIAL BUILDING • 4,646 SF
      NW, 82nd St, OK
      View Details
    • Value Estimation
      $500,000
      3,573 SF

      15104 Pennsylvania Ave

      FINANCIAL BUILDING • 3,573 SF
      15104 Pennsylvania Ave, Oklahoma City, OK
      View Details
    • Value Estimation
      $375,000
      2,768 SF

      1020 150th St

      FINANCIAL BUILDING • 2,768 SF
      1020 150th St, Oklahoma City, OK
      View Details

    Similar Nearby for Sale

    • $3,800,000
      17,900 SF

      I-240 Frontage Property For Sale

      Automotive and retail property with I-240 frontage.
      613 W I-240 Service Rd, Oklahoma City, OK
      View Details
    • $2,320,000
      10,000 SF

      New Dollar Tree Store

      New construction Dollar Tree store with corporate guaranteed lease.
      9025 S Bryant Ave, Moore, OK
      View Details
    • $2,000,000
      2,542 SF

      Operating Gas Station with Drive-Thru

      Fully operational gas station with drive-thru, beer cave, and kitchen.
      7759 Us-277, Elgin, OK
      View Details
    • $184,420
      3,800 SF

      High-Traffic Retail Property For Sale

      Retail property with high traffic location and newer A/C.
      5037 Oklahoma 91, Colbert, OK
      View Details
    • $290,000
      1,074 SF

      Catoosa Retail Opportunity on Route 66

      Freestanding building on Route 66, suitable for various businesses.
      1830 Ok-66, Catoosa, OK
      View Details
    • $1,295,000
      5,000 SF

      Route 66 Retail Investment

      Iconic property on Route 66 with income stream.
      1607 Ok-66, Catoosa, OK
      View Details

    Similar Nearby for Lease

    • $1,800 /Mo
      2,801 SF

      Retail Space Near Tinker AFB

      Retail space with high visibility near Tinker Air Force Base.
      4407-4421 SE 29 St, Del City, OK
      View Details
    • Contact for pricing
      20,000 SF

      Retail Space Near Walmart

      Retail space shadow-anchored by Walmart Supercenter in Tahlequah, OK.
      Daisy Dr, Tahlequah, OK
      View Details
    • $1,650 /Mo
      1,200 SF

      Retail Space in Busy Center

      Former pet groomer location in a busy retail center.
      5529 SE 15 St, Del City, OK
      View Details
    • $2,100 /Mo
      1,300 SF

      Retail Spaces For Rent

      Two retail spaces available for lease.
      514 N Porter Park, Norman, OK
      View Details
    • Contact for pricing
      2,960 SF

      Versatile Commercial Space Near Lawton

      Adaptable commercial building with showroom, office, and warehouse space.
      22972 Ok-58, Lawton, OK
      View Details
    • $30 SF/Yr
      1,000 SF

      Retail Space For Rent

      Retail space available for lease in Yukon, Oklahoma.
      4501 Grant Blvd, Yukon, 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.
    14900 SE 29Th St
    Choctaw, OK 73020
    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.