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Property profile & analytics
OFF-MARKET
Estimated value
$3,390,000
Retail space
1921 Broadway Edmond, OK 73013-4018
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US69-0733300
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
25,280 SF
Lot
2 ac (87,120 SF)
APN
18-249-1015
UPID
US69-0733300
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
-
PetSmart (Bike/Boat/Book/etc) Store Pet Store & Service
-
Banfield Pet Hospital Veterinary Clinic
-
PetSmart Dog Training Animal Training
-
PetSmart Grooming Pet Grooming Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.46M
CAP Approach
CAP
$4.11M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.39M
Owner & transaction history
Danny Danell · 5 yrs held
Danny Danell
since 2021
Last sale
$3.3M
5 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
$3,600,000
ML approach
$3,460,000
CAP Approach
CAP Return
Estimation
6%
$4,445,000
6.5%
$4,105,000
7%
$3,810,000
Alternative Use
Use
Estimation
RETAIL STORES
$5,065,000
Current use
MEDICAL BUILDING
$4,825,000
Change: -5% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,175,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$3.39M
Range $3.05M – $3.73M · ±10% · vs last sale $3.26M (Feb 5 2021)
Last sale anchor
$3.26M
Feb 5 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
$134 / 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
$39,187
Tax year 2023
Assessed value
$375,929
Assessed 2023
Previous assessed
$358,028
+5.0% YoY
Effective rate
10.42%
On assessed value
Assessed land
$71,617
Assessed improvement
$304,312
Land market value
$696,936
Improvement market value
$2,961,411
Total market value
$3,658,347
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
25,280 SF
Lot
2 ac (87,120 SF)
APN
18-249-1015
UPID
US69-0733300
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
RETAIL STORES Current
Est. value
$5.1M
MEDICAL BUILDING
Est. value
$4.8M
COMMERCIAL (GENERAL)
Est. value
$4.2M
RETAIL STORES Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
2 ac
Current owner
From public records · entity-resolved
Danny Danell
Individual
Mailing address
19601 N 27TH ST, PHOENIX, AZ 85050-1905
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 5, 2021
$3,255,000
Danny Danell
Petsmart INC
Special Warranty Deed
—
Nov 22, 2019
$1,106,000
Petsmart INC
Cole Pm Edmond Ok LLC
Grant Deed
—
Apr 10, 2013
—
Cole Pm Edmond Ok LLC
—
Deed Of Trust
related
$250,000,000 · J P Morgan Chase Bank
Feb 4, 2013
$4,100,000
Cole Pm Edmond Ok LLC
Pappani Henry A 1972 Trust
Grant Deed
—
Feb 26, 2010
—
Pappani Henry A 1972 Trust
Perrucci Anthony P T F Trust
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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