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    Property profile & analytics

    201 N Meridian Ave Oklahoma City, OK 73107

    • Turn key restaurants
    • 11,388 SF
    • 3.00 lot acres
    For Sale
    View listing
    $3,450,000
    Value Estimation
    Last Sale
    Nov 02, 2022
    $2,200,000
    Location Intelligence
    Property ID
    US69-0390632
    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.

    Current Use by Public Records

    • RODEO WEST OKLAHOMA CITY / Night Club
    • Cimarron Steak House / Steak House

    Property Details for 201 N Meridian Ave

    Year built
    1982
    Construction
    TILT-UP CONCRETE
    Lot size
    3.00 lot acres
    Property size
    11,388 SF
    Property type
    Turn key restaurants
    APN
    14-859-1050
    APU
    148591050

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,150,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,940,000
      6.5%
      $2,000,000
      7%
      $2,165,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,040,000
      Geo Method
      $2,150,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,055,000
      Retail
      $2,325,000
      Mixed-Use
      $1,825,000
      Hospitality
      $2,285,000
      Educational
      $2,165,000
      Residential Income
      $1,915,000
      Energy
      $2,380,000
      Income-Based Land
      $2,135,000
      Food Service
      $2,310,000

    Location Insight

    • Map
    • Local Demand
    City
    Oklahoma City
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.6018
    Latitude
    35.4689
    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
    $29,520
    $43,139
    $199,004
    $242,143
    -
    $392,175
    $1,809,125
    $2,201,300

    Comparable in this City

    • Value Estimation by Request
      2,736 SF

      2850 23rd St

      RESTAURANT • 2,736 SF
      2850 23rd St, Oklahoma City, OK 73107
      View Details
    • Value Estimation by Request
      1,999 SF

      3616 23rd St

      RESTAURANT • 1,999 SF
      3616 23rd St, Oklahoma City, OK 73107-2804
      View Details
    • Value Estimation by Request
      4,087 SF

      4335 23rd St

      RESTAURANT • 4,087 SF
      4335 23rd St, Oklahoma City, OK 73107-2641
      View Details
    • Value Estimation by Request
      7,347 SF

      120 Meridian Ave

      RESTAURANT • 7,347 SF
      120 Meridian Ave, Oklahoma City, OK 73107
      View Details
    • Value Estimation
      $490,000
      3,362 SF

      4414 Reno Ave

      RESTAURANT • 3,362 SF
      4414 Reno Ave, Oklahoma City, OK 73107-6528
      View Details
    • Value Estimation by Request
      2,526 SF

      3420 23rd St

      RESTAURANT • 2,526 SF
      3420 23rd St, Oklahoma City, OK 73107-1804
      View Details

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    Similar Nearby for Lease

    • $15 SF/Yr
      7,972 SF

      Restaurant Space Near Airport

      Restaurant space with vent hood, coolers, and ample parking.
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      View Details
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      High-visibility retail space near I-40 and I-44 intersection.
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      1,800 SF

      Retail Space on 23rd Street

      Retail space with high visibility and ample parking available for rent.
      2936 NW 23Rd St, Oklahoma City, OK 73107
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    • $6 SF/Yr
      5,000 SF

      Adaptable Commercial Building Near I-40

      Versatile building suitable for retail, office, or showroom purposes.
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    • Contact for pricing
      10,000 SF

      Land for Build-to-Suit Retail

      Land available for retail build-to-suit, dispensary and grow facility friendly.
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    • Contact for pricing
      3,000 SF

      Retail Space Near Walmart

      Retail space with excellent visibility near Walmart Supercenter.
      Meridian Ave South, Oklahoma City, OK 73107
      View Details
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    Oklahoma City, OK 73107
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    Realmo Value Estimation

    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.

    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.

    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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