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Property profile & analytics
OFF-MARKET
Flex space
2115 42nd St Oklahoma City, OK 73119-3615
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US69-0443842
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1967
Construction
CONCRETE BLOCKS
Total area
4,940 SF
Lot
0.48 ac (20,996 SF)
APN
07-418-4150
UPID
US69-0443842
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
-
Checos Machine Shop LLC Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Sergio Frausto · 4 yrs held
Sergio Frausto
since 2021
Last sale
$80,000
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,929
Tax year 2023
Assessed value
$24,751
Assessed 2023
Previous assessed
$24,751
+0.0% YoY
Effective rate
11.83%
On assessed value
Assessed land
$4,158
Assessed improvement
$20,593
Land market value
$37,800
Improvement market value
$187,217
Total market value
$225,017
Applied tax rate
300.0000
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
1967
Construction
CONCRETE BLOCKS
Heating
SPACE
Stories
1
Units
1
Total area
4,940 SF
Lot
0.48 ac (20,996 SF)
APN
07-418-4150
UPID
US69-0443842
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
1967
Construction
CONCRETE BLOCKS
Heating
SPACE
Stories
1
Units
1
Lot
0.48 ac
Current owner
From public records · entity-resolved
Sergio Frausto
Individual
Mailing address
2115 SW 42ND ST, OKLAHOMA CITY, OK 73119-3615
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 6, 2021
$225,000
Sergio Frausto
David A Aduddell
Quit Claim Deed
related
$152,402 · Sooner State Bank
Jun 4, 2019
—
David A Aduddell
—
Trustees Deed
related
$508,206 · Sooner St Bk
Oct 11, 2016
—
David A Aduddell
—
Trustees Deed
related
$715,000 · Sooner St Bk
Apr 12, 2011
—
Billy J Cobb
Cobb W W & M L Living Trust
Quit Claim Deed
related
—
Apr 12, 2011
$80,000
David A Aduddell
Cobb,billy J & Tammy
Grant Deed
related
—
Jun 28, 2005
—
Billy J Cobb
Cobb,william W & Mary L
Quit Claim Deed
related
—
Nov 19, 2004
—
William W Cobb
—
Trustees Deed
related
$40,000 · First Enterprise Bank South
Apr 16, 2001
—
William W Cobb
—
Trustees Deed
related
$15,647 · First Enterprise Bank
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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