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    1910 Midwest Blvd Midwest City, OK 73110-5410
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    Property profile & analytics

    1910 Midwest Blvd, Midwest City, OK 73110-5410

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    • Commercial land
    • 4,070 SF
    • 1.29 lot acres
    Off-Market
    Last Sale Oct 26, 2020
    $751,000
    Property ID
    US69-0411467
    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.
    Value Estimations
    $790,000
    Show details
    Cap Rate Potential
    6.9%
    Commercial land
    Location Intelligence

    Current Use by Public Records

    • Commercial land

    Property Details for 1910 Midwest Blvd

    Year built
    1966
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.29 lot acres
    Property type
    Commercial land
    APN
    15-029-1415
    APU
    150291415

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 26, 2020 $751,000 Charles S West JR. Connection Auto Sales I Credit Warranty Deed · related —
    Apr 28, 2020 — Credit Connection Auto Sales I — Deed · related —
    Dec 19, 2018 — Credit Connection Auto Sales I — Deed · related —
    Jan 8, 2018 — Credit Connection Auto Sales I — Deed · related —
    Dec 14, 2016 — Credit Connection Auto Sales I — Trustees Deed · related $1M · Advantage Bk
    Mar 20, 2012 $135,000 Connection Auto Sales I Credit Clear Water Automatic Car Wash Warranty Deed · related —
    — — Credit Connection Auto Sales I — Loan Modification · related —
    — — Clear Water Automatic Car Wash — Loan Modification · related $2M · Bank Of Ok
    — — Spot-not Car Wash INC — Deed Of Trust · related $7k · Bank Of Oklahoma
    — — Credit Connection Auto Sales I — Loan Modification · related —
    — — Credit Connection Auto Sales I — Loan Modification · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $810,000
      ML approach
      $775,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $935,000
      6.5%
      $865,000
      7%
      $800,000

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $475,000
      Current use
      MEDICAL BUILDING
      $635,000
      Change: +34% Conversion: Easy
      AUTO REPAIR, GARAGE
      $605,000
      Change: +27% Conversion: Difficult
      OFFICE BUILDING
      $520,000
      Change: +10% Conversion: Easy
      RETAIL STORES
      $500,000
      Change: +6% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Midwest City
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.388
    Latitude
    35.4461
    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
    $4,018
    $34,135
    $0.00
    $34,135
    -
    $310,327
    $0.00
    $310,327

    Comparable in this City

    • Value Estimation by Request
      0.60 Acres

      8501 15th St

      VACANT COMMERCIAL LAND
      8501 15th St, Midwest City, OK 73110-8149
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    • Value Estimation by Request
      0.96 Acres

      6035 15th St

      VACANT COMMERCIAL LAND
      6035 15th St, Midwest City, OK 73110-2619
      View Details
    • Value Estimation by Request
      0.76 Acres

      Oklahoma City, OK 73110

      VACANT COMMERCIAL LAND
      Oklahoma City, OK 73110
      View Details
    • Value Estimation by Request
      1.24 Acres

      2913 Glenhaven Dr

      VACANT COMMERCIAL LAND
      2913 Glenhaven Dr, Midwest City, OK 73110
      View Details
    • Value Estimation by Request
      4.50 Acres

      500 Harr Dr

      VACANT COMMERCIAL LAND
      500 Harr Dr, Midwest City, OK 73110-2955
      View Details
    • Value Estimation by Request
      0.91 Acres

      5808 Reno Ave

      VACANT COMMERCIAL LAND
      5808 Reno Ave, Midwest City, OK 73110-2006
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Land with Reno Avenue Frontage

      Commercial land available on E. Reno Avenue in Midwest City.
      5916 E Reno Ave, Midwest City, OK 73110
      View Details
    • Contact for pricing

      Prime Retail Pad Site

      Highly visible retail pad site on Midwest Boulevard.
      351 S Midwest Blvd, Midwest City, OK 73110
      View Details
    • Contact for pricing

      Land Surrounded by Residences

      Land for sale surrounded by single and multi-family residences.
      6701 NE 10Th St, Midwest City, OK 73110
      View Details
    • Contact for pricing

      Commercial Land Available in Midwest

      0.92 acre commercial land with utilities in Midwest City.
      6025-6035 SE 15Th St, Midwest City, OK 73110
      View Details

    Similar Nearby for Lease

    • $50,000

      High-Traffic Commercial Land For Rent

      Prime commercial land for rent at a high-traffic Midwest City intersection.
      S Sooner Rd -, Midwest City, OK 73110
      View Details
    • Contact for pricing

      Commercial Land Ready for Lease

      Graded site with utilities installed and stormwater detention completed.
      15th St & Sooner Rd, Oklahoma City, OK 73110
      View Details
    • $85,000

      Prime Land Lease Opportunity

      Exceptional site near I-40, Tinker AFB, and major retailers.
      Tinker Diagonal St & Warren Rd, Midwest City, OK 73110
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space with Drive-Thru

      Retail spaces available, one with drive-thru, ample parking.
      1017 S Air Depot Blvd, Midwest City, OK 73110
      View Details
    • Contact for pricing
      24,725 SF

      Retail Space in Midwest City

      Retail space available in established Midwest City shopping center.
      7015 E Reno Ave, Oklahoma City, OK 73110
      View Details
    • Contact for pricing
      1,248 SF

      Retail Space Available For Lease

      Retail space for lease with 1248 square feet.
      801 S Air Depot Blvd, Oklahoma City, OK 73110
      View Details
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    1910 Midwest Blvd
    Midwest City, OK 73110-5410
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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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    1910 Midwest Blvd, Midwest City, OK, 73110
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