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Property profile & analytics
OFF-MARKET
Estimated value
$640,000
Warehouses
1940 Shepard Ave, El Reno, OK 73036-6357
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US69-0057902
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2009
Total area
12,000 SF
Lot
2.31 ac (100,624 SF)
APN
90028646
UPID
US69-0057902
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$595k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$657k
Blend (final)
Blend
$640k
Owner & transaction history
P K & T Properties LLC · 3 yrs held
P K & T Properties LLC
since 2022
Last sale
$650,000
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 El Reno submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs El Reno 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
$540,000
ML approach
$595,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$640k
Range $576k – $704k · ±10% · vs last sale $650k (Dec 15 2022)
Last sale anchor
$650k
Dec 15 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
$53 / 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
$6,382
Tax year 2023
Assessed value
$87,099
Assessed 2023
Previous assessed
$152,289
-42.8% YoY
Effective rate
7.33%
On assessed value
Assessed land
$21,735
Assessed improvement
$65,364
Land market value
$181,123
Improvement market value
$544,699
Total market value
$725,822
Applied tax rate
25.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2009
Heating
NONE
Cooling
NONE
Stories
1
Total area
12,000 SF
Lot
2.31 ac (100,624 SF)
APN
90028646
UPID
US69-0057902
Jurisdiction
CANADIAN
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
2009
Heating
NONE
Cooling
Yes
Stories
1
Lot
2.31 ac
Current owner
From public records · entity-resolved
P K & T Properties LLC
Entity
Mailing address
PO BOX 21656, OKLAHOMA CITY, OK 73156-1656
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 15, 2022
$650,000
P K & T Properties LLC
Coffee Building LLC
Warranty Deed
$650,000 · Coffee Building LLC
Dec 15, 2022
—
Coffee Building LLC
Coffee Building LLC
Intrafamily Transfer
related
—
Feb 12, 2007
—
C & L Ventures LLC
Jvl Holding Properties INC
Warranty Deed
$980,000 · Canadian State Bank
Jun 29, 2006
$350,000
Jvl Holding Properties INC
Commercial Props Brokerage LLC
Warranty Deed
related
—
May 31, 2006
$350,000
Commercial Props Brokerage LLC
Rainbow Studies INC
Warranty Deed
related
—
Feb 28, 2006
—
Rainbow Studies INC
Hughey,billy F & Janice S
Warranty Deed
related
—
—
—
C & L Ventures LLC
—
Deed Of Trust
related
$1,167,616 · Nbc Oklahoma
—
—
C & L Ventures LLC
—
Loan Modification
related
$1,300,000 · Nbc Oklahoma
—
—
C & L Ventures LLC
—
Deed Of Trust
related
$982,714 · Nbanc
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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