10701 Council Rd Oklahoma City, OK 73162-4372
Property profile & analytics
10701 Council Rd Oklahoma City, OK 73162-4372
- Commercial land
- 1.64 lot acres
Property ID
US69-0131800
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.
Location Intelligence
Current Use by Public Records
- The Learning Experience - OKC Hefner and Council / Daycare Center
Property Details for 10701 Council Rd
- Lot size
- 1.64 lot acres
- Property type
- Commercial land
- APN
- 21-855-1010
- APU
- 218551010
Description
This exceptional investment opportunity presents a fee-simple ownership of a brand-new, 15,000-square-foot daycare center in Oklahoma City, Oklahoma. Built in 2024, the property boasts a 15-year net lease with "The Learning Experience," a rapidly expanding childcare franchise with over 630 locations nationwide. The lease commenced June 1st, 2024, and includes a remaining term of 14.5 years, with 10% rent increases every five years, ensuring consistent income growth. The property sits on a 1.21-acre lot at 10701 N Council Rd, Oklahoma City, OK 73162, a prime location with high visibility and strong demographics. The area features a high average household income exceeding $102,000, projected to increase by 12% by 2028, and a population of over 137,000 within a five-mile radius. Nearby retail anchors include Walmart, Kohl's, Sam's Club, Home Depot, and Target, further enhancing the property's value and appeal. The asking price is $5,033,557, representing a 7.45% cap rate and a price per square foot of $335.57, based on a current Net Operating Income (NOI) of $375,000. The property's strategic location near schools and major roadways makes it an ideal childcare destination. The lease includes two, five-year renewal options, providing long-term stability and investment security. This is a rare opportunity to acquire a high-performing, single-tenant net lease property in a thriving market.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Oklahoma City
- County
- Oklahoma
- State
- Oklahoma
- Longitude
- -97.6568
- Latitude
- 35.5786
- 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
$2,540
$20,837
$0.00
$20,837
-
$189,432
$0.00
$189,432
