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Property profile & analytics
OFF-MARKET
Estimated value
$2,425,000
Retail space
1381 Fretz Dr Edmond, OK 73003-5574
Entity Owned
4-yr Hold
Free & Clear
Property ID
US69-1018268
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2016
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
9,900 SF
Lot
1.92 ac (83,548 SF)
APN
20-386-1080
UPID
US69-1018268
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
-
The Griffin Mall Home Decor Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.55M
CAP Approach
CAP
$1.61M
Comparable Approach
Comparable
$2.34M
Blend (final)
Blend
$2.43M
Owner & transaction history
Skyridge Leasing LLC · 4 yrs held
Skyridge Leasing LLC
since 2021
Last sale
$2.3M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.7M
+35.7%
Neighborhood: shopping center
$2.4M
+22.3%
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 Edmond submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Edmond 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
$2,575,000
ML approach
$2,545,000
CAP Approach
CAP Return
Estimation
6%
$1,740,000
6.5%
$1,610,000
7%
$1,495,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,985,000
Current use
RESTAURANT
$2,690,000
Change: +36% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$2,425,000
Change: +22% · Conversion: Moderate
MEDICAL BUILDING
$1,890,000
Change: -5% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,635,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$2.43M
Range $2.18M – $2.67M · ±10% · vs last sale $2.33M (Dec 28 2021)
Last sale anchor
$2.33M
Dec 28 2021
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
$245 / 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
$15,749
Tax year 2023
Assessed value
$151,087
Assessed 2023
Previous assessed
$151,087
+0.0% YoY
Effective rate
10.42%
On assessed value
Assessed land
$24,533
Assessed improvement
$126,554
Land market value
$223,028
Improvement market value
$1,150,492
Total market value
$1,373,520
Applied tax rate
512.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2016
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Buildings
2
Stories
1
Units
5
Total area
9,900 SF
Lot
1.92 ac (83,548 SF)
APN
20-386-1080
UPID
US69-1018268
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
RETAIL STORES Current
Est. value
$2.0M
RESTAURANT
Est. value
$2.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.4M
MEDICAL BUILDING
Est. value
$1.9M
COMMERCIAL (GENERAL)
Est. value
$1.6M
RETAIL STORES Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
2016
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Buildings
2
Units
5
Lot
1.92 ac
Current owner
From public records · entity-resolved
Skyridge Leasing LLC
Entity
Free & Clear · 4 yrs held
Mailing address
9901 SKYRIDGE, ARCADIA, OK 73007-8805
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 2021
—
Skyridge Leasing LLC
Wilmar Leasing LLC
Quit Claim Deed
related
—
Oct 4, 2021
$2,330,000
Wilmar Leasing LLC
Bramante Investment LLC
Warranty Deed
—
Oct 9, 2019
$2,000,000
Bramante Invs LLC
Kalidy LLC
Warranty Deed
—
Mar 1, 2018
—
Braganza Melville
—
Deed
related
$325,183 · Financial Concepts Mtg
Apr 4, 2016
$2,450,000
Kalidy LLC
Henderson Lavi LLC
Warranty Deed
—
Mar 14, 2016
—
Henderson Lavi LLC
—
Trustees Deed
related
$1,800,000 · Vision Bk
Feb 23, 2016
—
Henderson Lavi LLC
Fae Holdings 457415r LLC
Quit Claim Deed
related
—
May 28, 2015
$450,000
Fae Holdings 457415r LLC
Kalidy LLC
Warranty Deed
related
—
Aug 26, 2014
—
Kalidy LLC
Kalidy LLC
Quit Claim Deed
related
—
May 6, 2008
—
Kalidy Commercial Props LLC
Kalidy Group LLC
Quit Claim Deed
related
—
Aug 6, 2007
$240,500
Kalidy Group LLC
Cr Commerce Bldg LLC
Warranty Deed
$180,000 · Oklahoma Fidelity Bank
—
—
Kalidy Commercial Props LLC
—
Deed Of Trust
related
$153,000 · Coppermark Bank
—
—
Braganza Melville
—
Deed Of Trust
related
$325,183 · Financial Concepts Mtg
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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