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    Property profile & analytics

    1121 Memorial Rd Oklahoma City, OK 73131-1235

    • Auto shops
    • 40,664 SF
    • 11.23 lot acres
    OFF-MARKET
    Value Estimation
    $820,000
    Location Intelligence
    Property ID
    US69-0059932
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • CarMax Auctions / Auto Auction
    • CarMax / Used Car Dealer

    Property Details for 1121 Memorial Rd

    Year built
    2005
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    11.23 lot acres
    Property size
    40,664 SF
    Property type
    Auto shops
    APN
    14-034-7120
    APU
    140347120

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $805,000

    • CAP approach

      CAP return
      Estimation
      6%
      $935,000
      6.5%
      $900,000
      7%
      $930,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $885,000
      Geo Method
      $850,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $910,000
      Retail
      $915,000
      Mixed-Use
      $820,000
      Hospitality
      $1,055,000
      Educational
      $965,000
      Residential Income
      $855,000
      Energy
      $885,000
      Income-Based Land
      $980,000
      Food Service
      $915,000

    Location Insight

    • Map
    • Local Demand
    City
    Oklahoma City
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.4933
    Latitude
    35.6106
    CBSA code
    36420
    CBSA name
    OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $89,932
    $226,057
    $529,545
    $755,602
    -
    $2,838,864
    $6,650,137
    $9,489,001

    Comparable in this City

    • Value Estimation by Request
      8,768 SF

      10508 Coltrane Rd

      AUTO REPAIR, GARAGE • 8,768 SF
      10508 Coltrane Rd, Oklahoma City, OK 73131-6817
      View Details
    • Value Estimation
      $3,275,000
      16,856 SF

      8300 I 35th Service Rd

      AUTO REPAIR, GARAGE • 16,856 SF
      8300 I 35th Service Rd, Oklahoma City, OK 73131-5600
      View Details
    • Value Estimation
      $11,025,000
      44,375 SF

      12929 Kelley Ave

      AUTO REPAIR, GARAGE • 44,375 SF
      12929 Kelley Ave, Oklahoma City, OK 73131-1800
      View Details
    • Value Estimation by Request
      2.00 Acres

      Oklahoma City, OK 73131

      PARKING LOT • 2.00 Acres
      Oklahoma City, OK 73131
      View Details
    • Value Estimation
      $1,005,000
      3,513 SF

      1821 Memorial Rd

      CAR WASH • 3,513 SF
      1821 Memorial Rd, Oklahoma City, OK 73131-1251
      View Details
    • Value Estimation by Request
      0.44 Acres

      9124 Kelley Ave

      PARKING LOT • 0.44 Acres
      9124 Kelley Ave, Oklahoma City, OK 73131-2418
      View Details

    Similar Nearby for Sale

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      Luxury Duplex Office, Oklahoma City
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    • $549,000
      5.01 Acres

      Wooded Land Near I-35

      5-acre wooded lot with easy I-35 access to build dream home.
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      Venue or Office Building

      5.78 acre venue or office building for sale.
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    • $3,758,700
      14,740 SF

      Oklahoma City Office Building

      Class A Office, 14,740 SF, Owner/User
      9505 Kelley Ave, Oklahoma City, OK 73131
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      Oklahoma City Executive Office Building

      High-Cap Rate Office Investment, 7,857 SF
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    • $3,900,000
      3.65 Acres

      Prime OKC Commercial Land

      3.65 acres, high-traffic location, $3.9M
      0 3.65 Acres Of Commercial Land, Oklahoma City, OK 73131
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr
      3,120 SF

      Retail Space on N Eastern

      Retail space available for rent on N Eastern Avenue.
      13512 N Eastern Ave, Oklahoma City, OK 73131
      View Details
    • $12 SF/Yr
      9,100 SF

      Stand Alone Retail Building

      Stand-alone retail building in a convenient location available for rent.
      13516 N Eastern Ave, Oklahoma City, OK 73131
      View Details
    • $23 SF/Yr
      3,158 SF

      Tower Lakes Office Suite Available

      Prestigious Office Space, 1579 sq ft
      9120 Kelley Ave, Oklahoma City, OK 73131
      View Details
    • $7 SF/Yr
      37,620 SF

      Warehouse Space Available For Lease

      37,620 square foot warehouse with dock doors available 2026.
      11301 Partnership Dr, Oklahoma City, OK 73131
      View Details

    Property Visit Statistics

    • Visits by month
      6.3k
    • Visitors by month
      4.7k
    • Avg Time on site
      53 min
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    1121 Memorial Rd
    Oklahoma City, OK 73131-1235
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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