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Property profile & analytics
OFF-MARKET
Estimated value
$615,000
Commercial real estate
116 Walker Ave Oklahoma City, OK 73102-2442
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US69-0081286
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1922
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,000 SF
Lot
0.32 ac (13,983 SF)
APN
01-001-7924
UPID
US69-0081286
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
-
Michelle Carlton Law Firm Child Welfare Organization
-
Force Staffing Llc Employment Agency
-
Kind Staffing, LLC Employment Agency
-
Force Personnel Services, LLC Employment Agency
-
Barnes David R Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$850k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$615k
Owner & transaction history
Force Investment Prop LLC · 9 yrs held
Force Investment Prop LLC
since 2017
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$625,000
+10.4%
Auto repair, garage
$595,000
+5.1%
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%
$920,000
6.5%
$850,000
7%
$790,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$565,000
Current use
MEDICAL BUILDING
$625,000
Change: +10% · Conversion: Easy
AUTO REPAIR, GARAGE
$595,000
Change: +5% · Conversion: Difficult
OFFICE BUILDING
$515,000
Change: -9% · Conversion: Easy
RETAIL STORES
$495,000
Change: -13% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$455,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$615k
Range $554k – $677k · ±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
$154 / 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
$15,874
Tax year 2023
Assessed value
$129,250
Assessed 2023
Previous assessed
$129,250
+0.0% YoY
Effective rate
12.28%
On assessed value
Assessed land
$46,200
Assessed improvement
$83,050
Land market value
$420,000
Improvement market value
$755,000
Total market value
$1,175,000
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
Off-Market
Year built
1922
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Units
2
Total area
4,000 SF
Lot
0.32 ac (13,983 SF)
APN
01-001-7924
UPID
US69-0081286
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
$565,000
MEDICAL BUILDING
Est. value
$625,000
AUTO REPAIR, GARAGE
Est. value
$595,000
OFFICE BUILDING
Est. value
$515,000
RETAIL STORES
Est. value
$495,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$455,000
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
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
1922
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
2
Lot
0.32 ac
Current owner
From public records · entity-resolved
Force Investment Prop LLC
Entity
Mailing address
116 S WALKER AVE, OKLAHOMA CITY, OK 73102-2442
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 31, 2017
$1,170,000
Force Investment Prop LLC
Dunn,james E & Regina D
Warranty Deed
$936,000 · Nbc Ok
Jul 14, 2016
—
James E Dunn
—
Deed
related
$400,000 · First Ent Bk
May 23, 2007
—
James E Dunn
Dunn,james E
Quit Claim Deed
related
—
Mar 14, 2007
—
James E Dunn
Dunn,james E & Regina D
Quit Claim Deed
related
—
Apr 4, 2000
$315,000
James E Dunn
Fred Jones Properties LP
Grant Deed
$318,535 · Legacy Bank
—
—
James E Dunn
—
Deed Of Trust
related
$726,842 · First Enterprise Bank
—
—
James E Dunn
—
Loan Modification
related
$400,000 · First Ent Bk
—
—
James E Dunn
—
Deed Of Trust
related
$2,155,324 · First Ent Bk
—
—
Timberwood Assisted Living Lc
—
Deed Of Trust
related
$3,437,538 · Home National Bank
—
—
James E Dunn
—
Deed Of Trust
related
$544,076 · First Enterprise Bank
—
—
James E Dunn
—
Deed Of Trust
related
$726,842 · First Enterprise 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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