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Property profile & analytics
FOR SALE
Strip malls
1709 N Portland Ave, Oklahoma City, OK 73107
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US69-0718375
For Sale
1 / 27
$2,200,000
1709 N Portland Ave, Oklahoma City, OK 73107
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1954
Construction
BRICK
Total area
23,823 SF
Lot
1.85 ac (80,760 SF)
APN
11-618-1345
UPID
US69-0718375
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
-
Oklahoma Shade Factory (Bike/Boat/Book/etc) Store Home Decor Store
-
Amazing Action Comics (Bike/Boat/Book/etc) Store Newspaper & Magazine
-
Kiwi Portland Smoke Shop (Bike/Boat/Book/etc) Store
-
Taquería Las Brasas Restaurant
-
Pharmaceutical Purveyors Inc Factory Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.08M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$922k
Blend (final)
Blend
$925k
Owner & transaction history
Sadikehas Properties LLC · 4 yrs held
Sadikehas Properties LLC
since 2022
Last sale
$935,000
7 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 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
$915,000
ML approach
$1,075,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$925k
Range $833k – $1.02M · ±10% · vs last sale $935k (Feb 1 2022)
Last sale anchor
$935k
Feb 1 2022
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
$39 / 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
$14,671
Tax year 2023
Assessed value
$119,449
Assessed 2023
Previous assessed
$66,738
+79.0% YoY
Effective rate
12.28%
On assessed value
Assessed land
$15,455
Assessed improvement
$103,994
Land market value
$140,508
Improvement market value
$945,400
Total market value
$1,085,908
Applied tax rate
200.0000
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
For Sale
Year built
1954
Construction
BRICK
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
8
Total area
23,823 SF
Lot
1.85 ac (80,760 SF)
APN
11-618-1345
UPID
US69-0718375
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
Building & site characteristics
From public records
Year built
1954
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
8
Lot
1.85 ac
Current owner
From public records · entity-resolved
Sadikehas Properties LLC
Entity
Mailing address
6400 NW 157TH ST, EDMOND, OK 73013-9187
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 10, 2025
—
Sadikchas Properties LLC
—
Deed
related
$333,050 · First National Bank Of Oklahoma
Nov 25, 2024
—
Sadikchas Properties LLC
—
Deed
related
$1,100,000 · First National Bank Of Oklahoma
Feb 1, 2022
$935,000
Sadikehas Properties LLC
Portland Shops LLC
Warranty Deed
$700,000 · First National Bank Of Oklahoma
Feb 10, 2017
—
Portland Shops LLC
Dairy LLC
Quit Claim Deed
related
—
Mar 7, 2016
$550,000
Dairy LLC
633 Properties LLC
Warranty Deed
—
Jun 6, 2011
$171,500
633 Properties LLC
Graham Portland Shops INC
Warranty Deed
$157,000 · Intrust Bank NA
Aug 6, 2007
—
Graham Portland Shops INC
Dot Ents INC
Warranty Deed
related
—
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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