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Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Flex space
1044 69th St Oklahoma City, OK 73116
Entity Owned
2-yr Hold
Free & Clear
Property ID
US69-2388756
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Total area
5,000 SF
Lot
0.23 ac (10,062 SF)
APN
07-393-3370
UPID
US69-2388756
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
-
Exclusive Receiving Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$540k
CAP Approach
CAP
$470k
Comparable Approach
Comparable
$470k
Blend (final)
Blend
$540k
Owner & transaction history
Amo & P Land Co LLC · 2 yrs held
Amo & P Land Co LLC
since 2024
Last sale
$537,500
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$780,000
+103.3%
Commercial (general)
$745,000
+94.1%
Auto repair, garage
$745,000
+93.6%
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
Method
Estimation
Statistic approach
$540,000
ML approach
$540,000
CAP Approach
CAP Return
Estimation
6%
$505,000
6.5%
$470,000
7%
$435,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$385,000
Current use
MEDICAL BUILDING
$780,000
Change: +103% · Conversion: Difficult
COMMERCIAL (GENERAL)
$745,000
Change: +94% · Conversion: Difficult
AUTO REPAIR, GARAGE
$745,000
Change: +94% · Conversion: Easy
OFFICE BUILDING
$640,000
Change: +67% · Conversion: Difficult
RETAIL STORES
$615,000
Change: +61% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$565,000
Change: +48% · Conversion: Difficult
Blend value · Realmo final
$540k
Range $486k – $594k · ±10% · vs last sale $538k (Jan 19 2024)
Last sale anchor
$538k
Jan 19 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$108 / SF
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
$5,809
Tax year 2023
Assessed value
$47,300
Assessed 2023
Previous assessed
$47,300
+0.0% YoY
Effective rate
12.28%
On assessed value
Assessed land
$8,844
Assessed improvement
$38,456
Land market value
$80,400
Improvement market value
$349,600
Total market value
$430,000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Heating
SPACE
Stories
1
Total area
5,000 SF
Lot
0.23 ac (10,062 SF)
APN
07-393-3370
UPID
US69-2388756
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
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$385,000
MEDICAL BUILDING
Est. value
$780,000
COMMERCIAL (GENERAL)
Est. value
$745,000
AUTO REPAIR, GARAGE
Est. value
$745,000
OFFICE BUILDING
Est. value
$640,000
RETAIL STORES
Est. value
$615,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$565,000
INDUSTRIAL (GENERAL) Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Heating
SPACE
Stories
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
Amo & P Land Co LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1422 SHERWOOD LN, NICHOLS HILLS, OK 73116-5634
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 19, 2024
$537,500
Amo & P Land Co LLC
Jmc Investments LLC
Warranty Deed
—
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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