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Property profile & analytics
OFF-MARKET
Estimated value
$5,630,000
Strip malls
14201 May Ave, Oklahoma City, OK 73134-5017
Trust Owned
2-yr Hold
~
Est. High Equity
Property ID
US69-0404536
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
25,956 SF
Lot
1.73 ac (75,141 SF)
APN
20-515-1020
UPID
US69-0404536
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
-
Triad Fitness+Supplements+Nutrition - Quail Springs (Bike/Boat/Book/etc) Store Pharmacy
-
New Life Nutrition Restaurant Take-out & Catering
-
Chanel's Event Center Event Planning Wedding Service
-
Swing365 Golf Golf Course
-
Asian Acupressure Center Alternative Medicine Practice Acupuncture
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.63M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.58M
Blend (final)
Blend
$5.63M
Owner & transaction history
Ball Labarthe Revocable Trust · 2 yrs held
Ball Labarthe Revocable Trust
since 2024
Last sale
$5.6M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$7.4M
+151.8%
Commercial (general)
$4.5M
+52.6%
Medical building
$4.1M
+37.7%
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
$5,630,000
ML approach
$5,630,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$7,405,000
Change: +152% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,490,000
Change: +53% · Conversion: Easy
MEDICAL BUILDING
$4,050,000
Change: +38% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,860,000
Change: +31% · Conversion: Difficult
Blend value · Realmo final
$5.63M
Range $5.07M – $6.19M · ±10% · vs last sale $5.63M (Apr 17 2024)
Last sale anchor
$5.63M
Apr 17 2024
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
$217 / 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
$73,724
Tax year 2023
Assessed value
$619,426
Assessed 2023
Previous assessed
$619,426
+0.0% YoY
Effective rate
11.90%
On assessed value
Assessed land
$74,402
Assessed improvement
$545,024
Land market value
$676,386
Improvement market value
$4,954,768
Total market value
$5,631,154
Applied tax rate
212.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
8
Total area
25,956 SF
Lot
1.73 ac (75,141 SF)
APN
20-515-1020
UPID
US69-0404536
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
RESTAURANT
Est. value
$7.4M
COMMERCIAL (GENERAL)
Est. value
$4.5M
MEDICAL BUILDING
Est. value
$4.1M
AUTO REPAIR, GARAGE
Est. value
$3.9M
RESTAURANT
COMMERCIAL (GENERAL)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
8
Lot
1.73 ac
Current owner
From public records · entity-resolved
Ball Labarthe Revocable Trust
Trust
Mailing address
820 NE 63RD ST E LOWR E, OKLAHOMA CITY, OK 73105-6444
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 17, 2024
—
Ball Labarthe Revocable Trust
Richard C Labarthe
Quit Claim Deed
related
—
Jul 26, 2022
—
East Valley Enterprise INC
—
Deed
related
$370,000 · First Bank & Trust Co
Jul 19, 2021
$5,630,000
East Valley Enterprise INC
Quail Village Development LLC
Special Warranty Deed
$4,552,000 · First Bank & Trust Co
Feb 3, 2021
—
Quail Village Development LLC
—
Deed
related
$3,350,000 · Interbank
Aug 18, 2016
—
Quail Village Dev LLC
—
Deed
related
$7,000,000 · All America Bk
Jul 15, 2013
—
Quail Village Dev LLC
—
Grant Deed
related
$1,600,000 · Interbank Fsb
Sep 18, 2012
—
Quail Village Dev LLC
—
Deed Of Trust
related
$5,895,000 · Interbank Fsb
Jun 2, 2009
—
Quail Village Dev LLC
Mass Dev LLC
Grant Deed
$6,000,000 · Onb Bank & Trust Co
Sep 30, 2005
$1,375,000
Mass Dev LLC
Quail Springs Office Park LLC
Grant Deed
$1,100,000 · Coppermark Bank
—
—
Quail Village Dev LLC
—
Deed Of Trust
related
$7,000,000 · All America Bk
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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