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Property profile & analytics
FOR LEASE
Strip malls
1 NE 2Nd St, Oklahoma City, OK 73104
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US69-0104285
For Lease
1 / 3
$2,550/Mo
1 NE 2Nd St, Oklahoma City, OK 73104
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2008
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,662 SF
Lot
610 ac (26,571,600 SF)
APN
20-970-1160
UPID
US69-0104285
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Two Zero Eight Salon Hair Salon Nail Salon
-
Chris Clark - Real Estate Advisor (ΓEA⅃) Real Estate Agency
-
Flux Salon Hair Salon
-
Kelso Law Firm, PLLC Law Firm
-
Pros for Africa Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Kdk Properties LLC · 4 yrs held
Kdk Properties LLC
since 2021
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Oklahoma City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oklahoma City submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$3,018
Tax year 2023
Assessed value
$24,572
Assessed 2023
Previous assessed
$23,402
+5.0% YoY
Effective rate
12.28%
On assessed value
Assessed land
$3,312
Assessed improvement
$21,260
Land market value
$32,009
Improvement market value
$205,438
Total market value
$237,447
Applied tax rate
200.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
2008
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
1,662 SF
Lot
610 ac (26,571,600 SF)
APN
20-970-1160
UPID
US69-0104285
Jurisdiction
OKLAHOMA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2008
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
1
Lot
610 ac
Current owner
From public records · entity-resolved
Kdk Properties LLC
Entity
Mailing address
PO BOX 2177, OKLAHOMA CITY, OK 73101-2177
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 7, 2022
—
Kdk Properties LLC
—
Deed
related
$402,042 · First Fidelity Bank
Aug 27, 2021
$475,000
Kdk Properties LLC
Reggie Whitten
Warranty Deed
$400,000 · Bokf NA
Jun 23, 2021
—
Theoffice2 LLC
—
Deed
related
$880,800 · Bancfirst
Jan 24, 2020
$275,000
1 Ne 2nd Street Unit 103 LLC
Acre Investments LLC
Warranty Deed
$237,339 · Rcb Bank
Jan 3, 2020
$800,000
Acre Investments LLC
Mass Dev LLC
Warranty Deed
$750,000 · Intrust Bk
Apr 17, 2019
—
Reggie Whitten
—
Deed
related
—
Nov 17, 2010
$683,000
Hefner Co INC
Wpg Properties LLC
Grant Deed
—
Nov 17, 2010
$1,800,000
Wpg Properties LLC
2nd Street Lofts I LP
Grant Deed
$904,202 · Nbc Oklahoma
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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