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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    14424 May Ave Oklahoma City, OK 73134-5155

    • Medical offices
    • 5,900 SF
    • 0.92 lot acres
    OFF-MARKET
    Last Sale
    Jul 22, 2020
    $785,000
    Value Estimations
    $845,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US69-2154577
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • John Beavers, MD / Pediatrician
    • Just Kids Pediatrics / Pediatrician / Doctor
    • Dr. Austin Neil / Dentist
    • Jordan Pope / Pediatrician
    • Alexander Mach / Pediatrician

    Property Details for 14424 May Ave

    Lot size
    0.92 lot acres
    Property size
    5,900 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    21-554-1000
    APU
    215541000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $785,000
      ML approach
      $755,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,390,000
      6.5%
      $1,285,000
      7%
      $1,190,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $768,000
      Market price range: $262k - $768k

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $920,000
      Current use
      COMMERCIAL (GENERAL)
      $1,020,000
      Change: +11% Conversion: Easy
      AUTO REPAIR, GARAGE
      $875,000
      Change: -5% Conversion: Difficult
      OFFICE BUILDING
      $755,000
      Change: -18% Conversion: Easy

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Oklahoma City
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.5666
    Latitude
    35.6176
    CBSA code
    36420
    CBSA name
    OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $23,280
    $86,413
    $109,183
    $195,596
    -
    $785,578
    $992,575
    $1,778,153

    Comparable in this City

    • Value Estimation
      $805,000
      4,269 SF

      13820 Wireless Way

      MEDICAL BUILDING • 4,269 SF
      13820 Wireless Way, Oklahoma City, OK 73134-2501
      View Details
    • Value Estimation
      $375,000
      3,501 SF

      14810 Serenita Ave

      MEDICAL BUILDING • 3,501 SF
      14810 Serenita Ave, Oklahoma City, OK 73134-2028
      View Details
    • Value Estimation
      $285,000
      6,141 SF

      3030 149th St

      MEDICAL BUILDING • 6,141 SF
      3030 149th St, Oklahoma City, OK 73134-1849
      View Details
    • Value Estimation
      $315,000
      3,332 SF

      13851 Quail Pointe Dr

      MEDICAL BUILDING • 3,332 SF
      13851 Quail Pointe Dr, Oklahoma City, OK 73134-1021
      View Details
    • Value Estimation
      $750,000
      38,932 SF

      13921 Meridian Ave

      MEDICAL BUILDING • 38,932 SF
      13921 Meridian Ave, Oklahoma City, OK 73134-1105
      View Details
    • Value Estimation
      $11,490,000
      51,462 SF

      14000 Portland Ave

      MEDICAL BUILDING • 51,462 SF
      14000 Portland Ave, Oklahoma City, OK 73134-4003
      View Details

    Similar Nearby for Sale

    • $15,800,000
      88,538 SF

      High-Traffic Retail and Medical Plaza

      87.5% occupied retail and medical plaza with long-term anchor tenant.
      4401 West Memorial Rd, Oklahoma City, OK 73134
      View Details
    • $1,250,000
      5,014 SF

      Spacious Office with Multiple Rooms

      Office space featuring reception area, multiple private offices, and restrooms.
      13819 Quail Pointe Dr, Oklahoma City, OK 73134
      View Details
    • $489,750
      3,265 SF

      Oklahoma City Office Space For Sale

      Modern office space in Northwest Oklahoma City, available for purchase.
      13917 Quail Pointe Dr, Oklahoma City, OK 73134
      View Details
    • Contact for pricing
      128,500 SF

      Oklahoma City Call Center Opportunity

      128,500 SF call center with premium amenities in Oklahoma City.
      3201 Quail Springs Pkwy, Oklahoma City, OK 73134
      View Details
    • Contact for pricing
      82,722 SF

      Office Building in Quail Springs

      Office property in Quail Springs Corporate Park for sale.
      14201 Caliber Dr, Oklahoma City, OK 73134
      View Details
    • $1,595,000
      4.33 Acres

      NW OKC Office Land Investment

      Prime 4.33-acre office land, O-2 zoned.
      0 150 & May Ave, Oklahoma City, OK 73134
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,950 SF

      Office Space with Multiple Rooms

      1,950 sq ft office space with conference and waiting rooms.
      13833 Technology Dr, Oklahoma City, OK 73134
      View Details
    • $25 SF/Yr
      2,610 SF

      Divisible Office Space Available

      Office space for rent in Northwest Oklahoma City.
      1941 Northwest 142Nd St, Oklahoma City, OK 73134
      View Details
    • $18 SF/Yr
      1,581 SF

      Office Space with Flexible Layout

      Office space featuring a flexible layout and convenient highway access.
      3121 Quail Springs Pkwy, Oklahoma City, OK 73134
      View Details
    • $18 SF/Yr
      1,452 SF

      Oklahoma City Office Space Available

      Office space for lease near Kilpatrick Turnpike and May Ave.
      13838 Quail Pointe Dr, Oklahoma City, OK 73134
      View Details
    • $23 SF/Yr
      1,486 SF

      Retail Space Near Quail Springs

      Retail space with high traffic and ample parking available for rent.
      14600 N Pennsylvania Ave, Oklahoma City, OK 73134
      View Details
    • Contact for pricing
      2,116 SF

      Outdoor Shopping Center Retail Space

      Large, accessible shopping center with diverse retailers and ample parking.
      2116-2200 W Memorial Rd, Oklahoma City, OK 73134
      View Details
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    Oklahoma City, OK 73134-5155
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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