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Property profile & analytics
FOR LEASE
Commercial real estate
1112 N Walker Ave Oklahoma City, OK 73103
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US69-0440775
For Lease
1 / 2
$21.50 SF/Yr
1112 N Walker Ave, Oklahoma City, OK 73103
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1906
Construction
BRICK
Total area
10,349 SF
Lot
0.74 ac (32,104 SF)
APN
04-125-1095
UPID
US69-0440775
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
-
Bailey Schnebel Coleman PLLC Dental Office
-
chirps & cheers (Bike/Boat/Book/etc) Store
-
Dr. Bailey Coleman Dental Office
-
Wishbone Vintage (Bike/Boat/Book/etc) Store
-
The Black Scintilla Clothing Store Gift Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.20M
Comparable Approach
Comparable
$2.53M
Blend (final)
Blend
$2.11M
Owner & transaction history
Midtown Hill LLC · 13 yrs held
Midtown Hill LLC
since 2012
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.0M
+50.3%
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%
$2,380,000
6.5%
$2,195,000
7%
$2,040,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,965,000
Current use
RESTAURANT
$2,955,000
Change: +50% · Conversion: Difficult
MEDICAL BUILDING
$1,615,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$2.11M
Range $1.89M – $2.32M · ±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
$203 / 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
$26,426
Tax year 2023
Assessed value
$215,158
Assessed 2023
Previous assessed
$215,158
+0.0% YoY
Effective rate
12.28%
On assessed value
Assessed land
$60,073
Assessed improvement
$155,085
Land market value
$546,125
Improvement market value
$1,409,864
Total market value
$1,955,989
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Lease
Year built
1906
Construction
BRICK
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
2
Units
7
Total area
10,349 SF
Lot
0.74 ac (32,104 SF)
APN
04-125-1095
UPID
US69-0440775
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
COMMERCIAL (GENERAL) Current
Est. value
$2.0M
RESTAURANT
Est. value
$3.0M
MEDICAL BUILDING
Est. value
$1.6M
COMMERCIAL (GENERAL) Current
RESTAURANT
MEDICAL BUILDING
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
1906
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
7
Lot
0.74 ac
Current owner
From public records · entity-resolved
Midtown Hill LLC
Entity
Mailing address
PO BOX 2898, OKLAHOMA CITY, OK 73101-2898
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 26, 2018
—
Midtown-park & Walker LLC
—
Deed
related
$643,674 · Bancfirst
Dec 27, 2012
$1,087,000
Midtown Hill LLC
Corsair Estate LLC
Warranty Deed
—
Nov 5, 2012
$305,000
Midtown Village LLC
Texhoma Land & Title Co
Grant Deed
—
Oct 26, 2012
$25,000
Corsair Estate LLC
Texhoma Land & Title Co
Quit Claim Deed
related
—
—
—
Midtown Hill LLC
—
Deed Of Trust
related
$1,000,000 · Bancfirst
—
—
Midtown-park & Walker LLC
—
Deed Of Trust
related
$889,218 · Bancfirst
—
—
Midtown-park & Walker LLC
—
Loan Modification
related
$643,674 · Bancfirst
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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