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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Strip malls
1117 59th St, Oklahoma City, OK 73109-4904
Individually Owned
2-yr Hold
Free & Clear
Property ID
US69-2365026
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1973
Construction
TILT-UP CONCRETE
Total area
17,962 SF
Lot
1.25 ac (54,494 SF)
APN
08-514-9850
UPID
US69-2365026
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
-
Oaxaca Bakery Bakery Specialty Food Shop
-
Open Bible Study System Church Mosque
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$700k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$770k
Blend (final)
Blend
$700k
Owner & transaction history
Huynh Hung Van &thu Kim Rev Liv Trt · 2 yrs held
Huynh Hung Van &thu Kim Rev Liv Trt
since 2024
Last sale
$700,000
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$700,000
ML approach
$700,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$700k
Range $630k – $770k · ±10% · vs last sale $700k (Mar 20 2024)
Last sale anchor
$700k
Mar 20 2024
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
$39 / 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
$12,931
Tax year 2023
Assessed value
$109,277
Assessed 2023
Previous assessed
$109,277
+0.0% YoY
Effective rate
11.83%
On assessed value
Assessed land
$16,736
Assessed improvement
$92,541
Land market value
$163,476
Improvement market value
$903,960
Total market value
$1,067,436
Applied tax rate
300.0000
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
1973
Construction
TILT-UP CONCRETE
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Units
13
Total area
17,962 SF
Lot
1.25 ac (54,494 SF)
APN
08-514-9850
UPID
US69-2365026
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
Building & site characteristics
From public records
Year built
1973
Construction
TILT-UP CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
13
Lot
1.25 ac
Current owner
From public records · entity-resolved
Huynh Hung Van &thu Kim Rev Liv Trt
Individual
Free & Clear · 2 yrs held
Mailing address
2609 SW 120TH ST, OKLAHOMA CITY, OK 73170-4735
Ownership since
2024
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
Mar 20, 2024
—
Huynh Hung Van &thu Kim Rev Liv Trt
Hung Van Huynh
Intrafamily Transfer
related
—
Sep 9, 2020
—
Hung Van Huynh
—
Deed
related
$292,558 · Quail Creek Bk
Oct 1, 2003
$700,000
Hung V Huynh
Coit,tr
Grant Deed
$563,834 · Quail Creek Bank
—
—
Hung Van Huynh
—
Loan Modification
related
$292,558 · Quail Creek 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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