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Property profile & analytics
OFF-MARKET
Estimated value
$840,000
Flex space
205 Walnut Ave Oklahoma City, OK 73104
Individually Owned
5-yr Hold
Free & Clear
Property ID
US69-0064590
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1910
Construction
BRICK
Total area
2,181 SF
Lot
0.21 ac (9,278 SF)
APN
02-002-4800
UPID
US69-0064590
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
-
Windstone Construction General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$815k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$840k
Owner & transaction history
Trade Mechanical Contractors I · 5 yrs held
Trade Mechanical Contractors I
since 2020
Last sale
$850,000
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
$850,000
ML approach
$815,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$840k
Range $756k – $924k · ±10% · vs last sale $850k (Sep 2 2020)
Last sale anchor
$850k
Sep 2 2020
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
$385 / 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
$10,179
Tax year 2023
Assessed value
$82,879
Assessed 2023
Previous assessed
$82,879
+0.0% YoY
Effective rate
12.28%
On assessed value
Assessed land
$35,689
Assessed improvement
$47,190
Land market value
$324,450
Improvement market value
$429,000
Total market value
$753,450
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1910
Construction
BRICK
Heating
SPACE
Stories
1
Units
1
Total area
2,181 SF
Lot
0.21 ac (9,278 SF)
APN
02-002-4800
UPID
US69-0064590
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
1910
Construction
BRICK
Heating
SPACE
Stories
1
Units
1
Lot
0.21 ac
Current owner
From public records · entity-resolved
Trade Mechanical Contractors I
Individual
Free & Clear · 5 yrs held
Mailing address
136 NE 48TH ST, OKLAHOMA CITY, OK 73105-2021
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 2, 2020
$850,000
Trade Mechanical Contractors I
J Ford Deuce LLC
Warranty Deed
—
May 29, 2020
$435,000
J Ford Deep Deuce LLC
Remy Family Living Trust
Warranty Deed
—
Feb 21, 2019
—
William Q Remy
—
Deed
related
—
Feb 23, 2018
—
William Q Remy
—
Deed
related
—
Feb 22, 2017
$646,000
William Quentin Remy
Walnut Investments LLC
Special Warranty Deed
$457,475 · Valliance Bank
Jan 21, 2016
$275,000
Walnut Investments LLC
Mark S Mcdonald
Special Warranty Deed
$511,700 · Central Bank Of Oklahoma
Jun 28, 2006
$285,000
Mark S Mcdonald
205 Walnut LLC
Warranty Deed
—
Feb 4, 2005
$110,000
205 Walnut LLC
Barnhill,jackie L
Warranty Deed
—
—
—
William Q Remy
—
Loan Modification
related
—
—
—
William Q Remy
—
Loan Modification
related
—
—
—
Walnut LLC
—
Deed Of Trust
related
$95,000 · Jackie L Barnhill
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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