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Property profile & analytics
FOR SALE
Drive through restaurants
1119 E Broadway Ave Enid, OK 73701
Individually Owned
4-yr Hold
Free & Clear
Property ID
US69-0766042
For Sale
1 / 23
$125,000
1119 E Broadway Ave, Enid, OK 73701
View Listing →
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1970
Total area
2,084 SF
Lot
0.29 ac (12,763 SF)
APN
4130-00-002-005-0-019-00
UPID
US69-0766042
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
$65k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$65k
Owner & transaction history
Martin Hernandez · 4 yrs held
Martin Hernandez
since 2022
Last sale
$65,000
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 Enid submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Enid 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
$65,000
ML approach
$65,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$65k
Range $59k – $72k · ±10% · vs last sale $65k (Apr 22 2022)
Last sale anchor
$65k
Apr 22 2022
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
$31 / 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
$1,334
Tax year 2023
Assessed value
$12,640
Assessed 2023
Previous assessed
$12,513
+1.0% YoY
Effective rate
10.55%
On assessed value
Assessed land
$1,554
Assessed improvement
$11,086
Land market value
$12,430
Improvement market value
$88,686
Total market value
$101,116
Applied tax rate
27.0000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
For Sale
Year built
1970
Heating
YES
Cooling
YES
Stories
1
Bathrooms
2
Total area
2,084 SF
Lot
0.29 ac (12,763 SF)
APN
4130-00-002-005-0-019-00
UPID
US69-0766042
Jurisdiction
GARFIELD
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
1970
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.29 ac
Current owner
From public records · entity-resolved
Martin Hernandez
Individual
Free & Clear · 4 yrs held
Mailing address
2225 CRESTWOOD, ENID, OK 73701-6551
Ownership since
2022
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
Apr 22, 2022
$65,000
Martin Hernandez
Maracas Mexican Cafe LLC
Warranty Deed
—
Dec 22, 2016
—
Maraca S Mexican Cafe L L C
—
Deed
related
$90,840 · Central National Bank & Trust Company Of
Jan 26, 2012
$90,000
Marcas Mexican Cae LLC
Carlos Gutierrez
Warranty Deed
$64,591 · Central National Bank & Trust Co Of Enid
Aug 13, 2007
$60,000
Carlos Gutierrez Perez
Larry Johns
Warranty Deed
$52,523 · First State Bank
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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