Financial
Distress signals
Property profile

1221 Classen Blvd Oklahoma City, OK 73106

OFF-MARKET
Commercial real estate
Property ID
US69-0337757
5,006 SF 0.11 ac lot Built 1957
Last sale May 2025 · $1,300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 9,900-square-foot shopping center, located at 1221 N Classen Blvd, Oklahoma City, OK 73106, presents a compelling investment opportunity. Built in 1957 and renovated in 2018, this single-story property boasts 100% occupancy with four tenants, generating a strong net operating income (NOI) of $112,246 and a 7.02% capitalization rate. The asking price is $1,600,000, translating to $161.62 per square foot. Situated on a 5,026-square-foot lot, the property offers ample parking…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$36k
Assessed land$8k
Assessed improvement$28k
Effective rate12.28%

Value estimate

· Sep 2026
$1.26M
$1.13M – $1.39M
AI approach$1.19M
CAP approach$1.07M
Submarket $/SF estimate$778k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$138/SF
ZIP average, outlier-cleaned · 39 recorded sales of this use type
Observed band · Q1–Q3$63 – $222
Qualifying comparables9

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionOKLAHOMA

Location intelligence

Which uses thrive at this corner?
Best fit: Laundry Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundry Service8.4
Laundromat8.2
Optical Shop8.1

Location

1221 Classen Blvd Oklahoma City, OK 73106-6891
County assessor Recorded deeds · 5 transfers 9 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1544 4th, Oklahoma City, OK 73106-2602 $270,000 Feb 2026 2,520 SF
1217 Classen, Oklahoma City, OK 73106 $1,300,000 Feb 2025 5,006 SF
225 Indiana, Oklahoma City, OK 73106-2814 $173,000 May 2023 4,800 SF
2807 Classen, Oklahoma City, OK 73106-5419 $135,000 Jan 2023 9,080 SF
1215 Western, Oklahoma City, OK 73106-6823 $145,000 Nov 2022 3,199 SF
1008 Main, Oklahoma City, OK 73106-7825 $1,200,000 Jun 2022 7,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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