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Property profile & analytics
OFF-MARKET
Estimated value
$735,000
Commercial real estate
15316 May Ave Edmond, OK 73013-8864
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US69-0817125
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2014
Construction
WOOD FRAME
Total area
5,070 SF
Lot
0.27 ac (11,709 SF)
APN
21-038-1080
UPID
US69-0817125
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 New Laser Light Medical Clinic Skin Care Clinic
-
Elena Beauté by Victoria Johnson M.D. Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$705k
Comparable Approach
Comparable
$852k
Blend (final)
Blend
$735k
Owner & transaction history
Sterling Oxford Ltd LLC · 12 yrs held
Sterling Oxford Ltd LLC
since 2014
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.0M
+21.4%
Medical building
$965,000
+15.5%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$765,000
6.5%
$705,000
7%
$655,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$835,000
Current use
RETAIL STORES
$1,015,000
Change: +21% · Conversion: Easy
MEDICAL BUILDING
$965,000
Change: +16% · Conversion: Easy
AUTO REPAIR, GARAGE
$800,000
Change: -4% · Conversion: Difficult
Blend value · Realmo final
$735k
Range $662k – $809k · ±10%
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
$145 / 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
$9,271
Tax year 2023
Assessed value
$77,895
Assessed 2023
Previous assessed
$77,895
+0.0% YoY
Effective rate
11.90%
On assessed value
Assessed land
$16,500
Assessed improvement
$61,395
Land market value
$150,000
Improvement market value
$558,144
Total market value
$708,144
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2014
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
5,070 SF
Lot
0.27 ac (11,709 SF)
APN
21-038-1080
UPID
US69-0817125
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
COMMERCIAL (GENERAL) Current
Est. value
$835,000
RETAIL STORES
Est. value
$1.0M
MEDICAL BUILDING
Est. value
$965,000
AUTO REPAIR, GARAGE
Est. value
$800,000
COMMERCIAL (GENERAL) Current
RETAIL STORES
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
2014
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
1
Lot
0.27 ac
Current owner
From public records · entity-resolved
Sterling Oxford Ltd LLC
Entity
Mailing address
15316 N MAY AVE, EDMOND, OK 73013-8864
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 27, 2024
—
Sterling Oxford Limited LLC
—
Deed
related
$250,000 · Alvin R Leonard
Dec 10, 2020
—
Sterling Oxford Ltd LLC
—
Deed
related
$493,558 · Oklahoma St Bk
Apr 1, 2020
—
Sterling Oxford Ltd LLC
—
Deed
related
$499,454 · First Liberty Bk
Dec 12, 2018
—
Sterling Oxford Ltd LLC
—
Deed
related
$499,454 · First Liberty Bk
Mar 14, 2014
$177,000
Sterling Oxford Ltd LLC
The Reserve On May LLC
Warranty Deed
$141,600 · First Commercial Bank
—
—
Sterling Oxford Ltd LLC
—
Deed Of Trust
related
$499,454 · First Liberty Bk
—
—
Sterling Oxford Ltd LLC
—
Loan Modification
related
$499,454 · First Liberty Bk
—
—
Sterling Oxford Ltd LLC
—
Deed Of Trust
related
$493,558 · Oklahoma St 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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