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Property profile & analytics
OFF-MARKET
Estimated value
$650,000
Industrial properties
214 Main St, Oklahoma City, OK 73104-4221
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US69-2363910
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1906
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
9,616 SF
Lot
0.11 ac (5,009 SF)
APN
02-002-6378
UPID
US69-2363910
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
-
Martin Bionics Orthotics & Prosthetics Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$900k
Comparable Approach
Comparable
$895k
Blend (final)
Blend
$650k
Owner & transaction history
214 E Main LLC · 20 yrs held
214 E Main LLC
since 2006
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$975,000
6.5%
$900,000
7%
$835,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$740,000
Current use
Blend value · Realmo final
$650k
Range $585k – $715k · ±10%
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
$68 / 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
$14,914
Tax year 2023
Assessed value
$121,429
Assessed 2023
Previous assessed
$116,325
+4.4% YoY
Effective rate
12.28%
On assessed value
Assessed land
$16,519
Assessed improvement
$104,910
Land market value
$150,180
Improvement market value
$953,720
Total market value
$1,103,900
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1906
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
AC.PACKAGE
Stories
2
Units
1
Total area
9,616 SF
Lot
0.11 ac (5,009 SF)
APN
02-002-6378
UPID
US69-2363910
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
$740,000
INDUSTRIAL (GENERAL) Current
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
1906
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
Yes
Stories
2
Units
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
214 E Main LLC
Entity
Mailing address
1424 BOATHOUSE RD, EDMOND, OK 73034-2425
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 9, 2022
—
214 E Main LLC
—
Deed
related
$3,388,064 · Citizens Bank Of Edmond
Feb 24, 2020
—
214 E Main LLC
—
Deed
related
$2,408,249 · Citizens Bk/edmond
Feb 18, 2020
—
214 E Main LLC
—
Deed
related
$650,000 · Citizens Bk/edmond
May 19, 2006
—
214 E Main LLC
Advantage Properties LLC
Grant Deed
$765,000 · First Bank & Trust
Aug 23, 2005
$450,000
Advantage Properties LLC
Freeman,john R
Warranty Deed
$360,000 · Intrust Bank NA
—
—
214 E Main LLC
—
Loan Modification
related
$650,000 · Citizens Bk/edmond
—
—
214 E Main LLC
—
Loan Modification
related
$2,408,249 · Citizens Bk/edmond
—
—
214 E Main LLC
—
Deed Of Trust
related
$154,000 · First Bank & Trust
—
—
214 E Main LLC
—
Loan Modification
related
$2,408,249 · Citizens Bk/edmond
—
—
214 E Main LLC
—
Deed Of Trust
related
$2,000,000 · Citizens Bk/edmond
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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