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Property profile & analytics
OFF-MARKET
Estimated value
$1,100,000
Flex space
2130 40th St, Oklahoma City, OK 73112-8802
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US69-0679169
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1951
Construction
WOOD FRAME
Total area
10,500 SF
Lot
0.68 ac (29,403 SF)
APN
05-515-4140
UPID
US69-0679169
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
-
Hail Restore Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.10M
CAP Approach
CAP
$980k
Comparable Approach
Comparable
$1.11M
Blend (final)
Blend
$1.10M
Owner & transaction history
Siddhi LLC · 2 yrs held
Siddhi LLC
since 2024
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.6M
+103.3%
Auto repair, garage
$1.6M
+93.6%
Office building
$1.3M
+67.1%
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
$1,100,000
ML approach
$1,100,000
CAP Approach
CAP Return
Estimation
6%
$1,065,000
6.5%
$980,000
7%
$910,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$805,000
Current use
MEDICAL BUILDING
$1,640,000
Change: +103% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,560,000
Change: +94% · Conversion: Easy
OFFICE BUILDING
$1,345,000
Change: +67% · Conversion: Difficult
RETAIL STORES
$1,295,000
Change: +61% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$1,190,000
Change: +48% · Conversion: Difficult
COMMERCIAL (GENERAL)
$985,000
Change: +22% · Conversion: Difficult
Blend value · Realmo final
$1.10M
Range $990k – $1.21M · ±10% · vs last sale $1.10M (Apr 16 2024)
Last sale anchor
$1.10M
Apr 16 2024
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
$105 / 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
$12,777
Tax year 2023
Assessed value
$104,028
Assessed 2023
Previous assessed
$104,028
+0.0% YoY
Effective rate
12.28%
On assessed value
Assessed land
$13,744
Assessed improvement
$90,284
Land market value
$124,950
Improvement market value
$820,760
Total market value
$945,710
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
1951
Construction
WOOD FRAME
Heating
SPACE
Stories
1
Units
1
Total area
10,500 SF
Lot
0.68 ac (29,403 SF)
APN
05-515-4140
UPID
US69-0679169
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
INDUSTRIAL (GENERAL) Current
Est. value
$805,000
MEDICAL BUILDING
Est. value
$1.6M
AUTO REPAIR, GARAGE
Est. value
$1.6M
OFFICE BUILDING
Est. value
$1.3M
RETAIL STORES
Est. value
$1.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$985,000
INDUSTRIAL (GENERAL) Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
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
1951
Construction
WOOD FRAME
Heating
SPACE
Stories
1
Units
1
Lot
0.68 ac
Current owner
From public records · entity-resolved
Siddhi LLC
Entity
Mailing address
305 E MAIN ST, JONES, OK 73049-7716
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 16, 2024
—
Siddhi LLC
—
Deed
related
$350,000 · First National Bank Of Oklahoma
Apr 16, 2024
$1,100,000
Siddhi LLC
Hail Restore LLC
Warranty Deed
—
Nov 17, 2015
$942,000
Hail Restore LLC
Morris Robert A & J T Trust
Warranty Deed
$760,017 · Sooner St Bk
Aug 30, 2006
—
Robert A Morris
Morris,robert A & Jacqueline T
Quit Claim Deed
related
—
—
—
Morris R A & J T Family Trust
—
Deed Of Trust
related
$350,000 · Ironstone Bank
—
—
Robert A Morris
—
Deed Of Trust
related
$150,000 · Bank Of Oklahoma
—
—
Robert A Morris
—
Deed Of Trust
related
$215,000 · Bank Of Oklahoma
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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