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Property profile & analytics
FOR LEASE
Car washes
10720 S May Ave, Oklahoma City, OK 73170
Entity Owned
3-yr Hold
Free & Clear
Property ID
US69-0293033
For Lease
1 / 2
$23 SF/Yr
10720 S May Ave, Oklahoma City, OK 73170
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Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
1970
Construction
WOOD FRAME
Total area
5,285 SF
Lot
2.94 ac (128,110 SF)
APN
17-882-1770
UPID
US69-0293033
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
-
Coulter Express Car Wash Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.10M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.38M
Blend (final)
Blend
$2.07M
Owner & transaction history
Sw 104th And May Retail LLC · 3 yrs held
Sw 104th And May Retail LLC
since 2023
Last sale
$2.0M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.5M
+91.9%
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
$2,155,000
ML approach
$2,095,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,510,000
Change: +92% · Conversion: Difficult
Blend value · Realmo final
$2.07M
Range $1.86M – $2.27M · ±10% · vs last sale $2.00M (Jul 7 2020)
Last sale anchor
$2.00M
Jul 7 2020
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
$391 / 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
$26,953
Tax year 2023
Assessed value
$224,400
Assessed 2023
Previous assessed
$224,400
+0.0% YoY
Effective rate
12.01%
On assessed value
Assessed land
$70,400
Assessed improvement
$154,000
Land market value
$640,000
Improvement market value
$1,400,000
Total market value
$2,040,000
Applied tax rate
627.0000
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
Car washes
Use group
CAR WASH
Status
For Lease
Year built
1970
Construction
WOOD FRAME
Heating
SPACE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
5,285 SF
Lot
2.94 ac (128,110 SF)
APN
17-882-1770
UPID
US69-0293033
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
RESTAURANT
Est. value
$1.5M
RESTAURANT
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
Year built
1970
Construction
WOOD FRAME
Heating
SPACE
Cooling
Yes
Stories
1
Units
1
Lot
2.94 ac
Current owner
From public records · entity-resolved
Sw 104th And May Retail LLC
Entity
Free & Clear · 3 yrs held
Mailing address
PO BOX 1569, STILLWATER, OK 74076-1569
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 21, 2025
—
Op Ycp Wash 3 LLC
—
Deed
related
$4,683,000 · Ks Statebank
May 17, 2023
—
Sw 104th And May Retail LLC
Sw 104th And May Apartments LLC
Deed
related
—
Oct 16, 2020
—
10720 N May Ave LLC
—
Deed
related
$6,300,000 · Bancfirst
Jul 7, 2020
$2,000,000
10720 N May Ave LLC
Village Baptist Church
Warranty Deed
—
Sep 9, 2019
—
Sw 104th & May Retail LLC
—
Deed
related
$3,503,895 · Republic Bk&tr
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.
Try Rey
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