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Property profile & analytics
OFF-MARKET
Estimated value
$2,780,000
Strip malls
1425 Santa Fe Ave Edmond, OK 73003-5901
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US69-0640529
Property summary
AI-generated overview
This exceptional retail property, located at 1425 S Santa Fe Ave in Edmond, Oklahoma (zip code 73003), offers three available spaces ranging from 1,300 to 2,000 square feet. Built in 1997, the entire building encompasses 20,307 square feet and is situated in Oklahoma County. The property benefits from a highly visible location along S Santa Fe Avenue, a road with a high volume of daily traffic (18,336 vehicles per day). This prime location provides excellent exposure to a large customer base. The surrounding area is densely populated with numerous established businesses and amenities, including Edmond Santa Fe High School, Arby's, Crest Foods, Subway, McDonald's, Bank of Oklahoma, MidFirst Bank, Great Clips, and Zips Car Wash, ensuring high foot traffic and strong consumer presence. This retail center offers a competitive rental rate, lower than the average in Oklahoma City. The property is ideal for a variety of retail businesses seeking a thriving location with strong visibility and convenient access. This is a multiple-tenancy property offering flexibility for businesses of varying sizes.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1997
Construction
BRICK
Total area
17,688 SF
Lot
1.55 ac (67,518 SF)
APN
18-342-1765
UPID
US69-0640529
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
-
Quality Cuts Barber Shop
-
CoinFlip Bitcoin ATM Bank Business Banking Service
-
COCO MASSAGE Alternative Medicine Practice Spa & Massage Center
-
Uptown Wine & Spirits (Bike/Boat/Book/etc) Store Wine and Liquor Store
-
Tyler Murry Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.89M
CAP Approach
CAP
$2.86M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.78M
Owner & transaction history
1425 Plaza LLC · 5 yrs held
1425 Plaza LLC
since 2021
Last sale
$2.6M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$2,900,000
ML approach
$2,890,000
CAP Approach
CAP Return
Estimation
6%
$3,100,000
6.5%
$2,860,000
7%
$2,660,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$4,335,000
Current use
RETAIL STORES
$3,545,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$2.78M
Range $2.50M – $3.06M · ±10% · vs last sale $2.63M (Jun 30 2021)
Last sale anchor
$2.63M
Jun 30 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
$157 / 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
$30,098
Tax year 2023
Assessed value
$288,738
Assessed 2023
Previous assessed
$288,738
+0.0% YoY
Effective rate
10.42%
On assessed value
Assessed land
$55,687
Assessed improvement
$233,051
Land market value
$506,250
Improvement market value
$2,118,649
Total market value
$2,624,899
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1997
Construction
BRICK
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Units
7
Total area
17,688 SF
Lot
1.55 ac (67,518 SF)
APN
18-342-1765
UPID
US69-0640529
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$4.3M
RETAIL STORES
Est. value
$3.5M
NEIGHBORHOOD: SHOPPING CENTER Current
RETAIL STORES
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
1997
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
7
Lot
1.55 ac
Current owner
From public records · entity-resolved
1425 Plaza LLC
Entity
Mailing address
17225 SADDLECREEK WAY, EDMOND, OK 73012-7417
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 30, 2021
—
1425 Plaza LLC
Alo Investments LLC
Warranty Deed
$1,968,750 · Quail Creek Bank NA
Jun 30, 2021
$2,625,000
Alo Investments LLC
1425 South Santa Fe LLC
Warranty Deed
—
Dec 2, 2016
—
1425 South Santa Fe LLC
—
Deed
related
$1,958,091 · First State Bank
—
—
Tapp Investments LLC
—
Deed Of Trust
related
$1,500,000 · Central Nat'l Bk & Tr Co Enid
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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