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Property profile & analytics
OFF-MARKET
Estimated value
$935,000
Office buildings
10921 Western Ave, Oklahoma City, OK 73170-6226
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US69-0410980
Property summary
AI-generated overview
This exceptional 4,751 square foot office space, located at 10921 S Western Ave, Suite 100, Oklahoma City, OK 73170, is situated on 0.8 acres of land in the Moore submarket. Built in 2018, this single-tenant Class B building offers a versatile layout ideal for a variety of businesses. The space boasts a 10-foot ceiling height and features an open-concept design perfect for cubicles, complemented by a large conference room, breakroom, mechanical/IT room, sizable private offices, a reception area, and ample storage. The property's location on S Western Ave, near the intersection of S Western and 107th ST, ensures high visibility and easy accessibility within a high-traffic area. The zoning is C-3. The total building size is 7,143 square feet, spread across one story. This property presents a unique opportunity to establish or expand your business in a thriving South Oklahoma City location. The property is zoned C-3. This is a single-tenant space within a larger building.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2017
Construction
FRAME
Total area
7,020 SF
Lot
0.8 ac (34,848 SF)
APN
OCC2MEDF5 1 3001
UPID
US69-0410980
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
-
Valerie L Hartman PhD Physician
-
The Mobile Therapy Group - Physical Therapy Medical Clinic
-
Ryan Elassal Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.25M
Blend (final)
Blend
$935k
Owner & transaction history
10921 South Western LLC · 11 yrs held
10921 South Western LLC
since 2014
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.1M
+21.7%
Auto repair, garage
$1.0M
+15.9%
Commercial (general)
$995,000
+10.2%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$900,000
Current use
MEDICAL BUILDING
$1,095,000
Change: +22% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,045,000
Change: +16% · Conversion: Difficult
COMMERCIAL (GENERAL)
$995,000
Change: +10% · Conversion: Easy
RETAIL STORES
$865,000
Change: -4% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$795,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$935k
Range $842k – $1.03M · ±10%
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
$133 / 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
$18,808
Tax year 2023
Assessed value
$153,832
Assessed 2023
Previous assessed
$146,507
+5.0% YoY
Effective rate
12.23%
On assessed value
Assessed land
$39,675
Assessed improvement
$114,157
Land market value
$348,480
Improvement market value
$1,002,663
Total market value
$1,351,143
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2017
Construction
FRAME
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
3
Total area
7,020 SF
Lot
0.8 ac (34,848 SF)
APN
OCC2MEDF5 1 3001
UPID
US69-0410980
Jurisdiction
CLEVELAND
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
OFFICE BUILDING Current
Est. value
$900,000
MEDICAL BUILDING
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.0M
COMMERCIAL (GENERAL)
Est. value
$995,000
RETAIL STORES
Est. value
$865,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$795,000
OFFICE BUILDING Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
Year built
2017
Construction
FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
3
Lot
0.8 ac
Current owner
From public records · entity-resolved
10921 South Western LLC
Entity
Mailing address
12313 SWANHAVEN DR, OKLAHOMA CITY, OK 73170-4749
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 21, 2021
—
10921 South Western LLC
—
Deed
related
$595,000 · Mabrey Bank
Nov 18, 2016
—
10921 South Western LLC
—
Trustees Deed
related
$975,000 · Crossfirst Bk
Oct 7, 2014
—
10921 South Western LLC
Fig Tree Investment LP II
Grant Deed
related
—
Sep 2, 2014
$347,000
Fig Tree Investment LP II
Buchanan Foods INC
Grant 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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