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Property profile & analytics
OFF-MARKET
Estimated value
$1,685,000
Strip malls
1114 Air Depot Blvd, Midwest City, OK 73110-4872
Entity Owned
1-yr Hold
Free & Clear
Property ID
US69-0069045
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1974
Construction
WOOD FRAME
Total area
10,000 SF
Lot
14.42 ac (628,266 SF)
APN
15-041-5400
UPID
US69-0069045
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.80M
Blend (final)
Blend
$1.69M
Owner & transaction history
101 Satin LLC · 1 yrs held
101 Satin LLC
since 2025
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.6M
+37.7%
Auto repair, garage
$1.5M
+31.2%
Office building
$1.3M
+13.2%
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 Midwest City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Midwest 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
NEIGHBORHOOD: SHOPPING CENTER
$1,135,000
Current use
MEDICAL BUILDING
$1,560,000
Change: +38% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,485,000
Change: +31% · Conversion: Difficult
OFFICE BUILDING
$1,285,000
Change: +13% · Conversion: Moderate
RETAIL STORES
$1,235,000
Change: +9% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,170,000
Change: +3% · Conversion: Easy
Blend value · Realmo final
$1.69M
Range $1.52M – $1.85M · ±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
$169 / 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
$56,417
Tax year 2023
Assessed value
$479,290
Assessed 2023
Previous assessed
$254,579
+88.3% YoY
Effective rate
11.77%
On assessed value
Assessed land
$168,564
Assessed improvement
$310,726
Land market value
$1,532,400
Improvement market value
$2,824,784
Total market value
$4,357,184
Applied tax rate
552.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1974
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
AC.PACKAGE
Buildings
5
Stories
1
Units
5
Total area
10,000 SF
Lot
14.42 ac (628,266 SF)
APN
15-041-5400
UPID
US69-0069045
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.6M
AUTO REPAIR, GARAGE
Est. value
$1.5M
OFFICE BUILDING
Est. value
$1.3M
RETAIL STORES
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.2M
NEIGHBORHOOD: SHOPPING CENTER Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
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
1974
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
5
Units
5
Lot
14.42 ac
Current owner
From public records · entity-resolved
101 Satin LLC
Entity
Free & Clear · 1 yrs held
Mailing address
1844 E 22ND ST, VERNON, CA 90058-1034
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 5, 2025
—
101 Satin LLC
Pmsd LLC
Warranty Deed
—
Apr 3, 2025
$4,350,000
Pmsd LLC
Sam & Solo LLC
Warranty Deed
$3,412,500 · Capstone Fund LLC
Jan 13, 2025
—
Sam & Solo LLC
—
Deed
related
$2,827,450 · Pim Income Fund LLC
Mar 17, 2022
$4,130,000
Sam & Solo LLC
Hilltop Village LLC
Warranty Deed
$3,017,428 · Nbc Oklahoma
Aug 20, 2018
—
Hilltop Village LLC
—
Deed
related
$210,000 · First United Bk
Feb 26, 2015
$1,950,000
On Holiday LLC
Tworek Bernard J & K M Trust
Warranty Deed
$1,470,000 · Bernard Tworek
Jun 3, 1999
$1,995,000
Catco Exchange LLC
Purchase Funding Ltd
Trustees Deed
$1,620,000 · First Enterprise Bank
—
—
Bernard J Tworek
—
Deed Of Trust
related
$1,200,551 · Sooner State Bank
—
—
Hilltop Village LLC
—
Deed Of Trust
related
$210,000 · First United Bk
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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