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Property profile & analytics
OFF-MARKET
Estimated value
$410,000
Retail space
216 Santa Fe St Fairview, OK 73737-1628
Individually Owned
2-yr Hold
Free & Clear
Property ID
US69-1794170
Property summary
AI-generated overview
This exceptional commercial property, situated at 216 N Santa Fe Street in Fairview, Oklahoma, presents a unique investment opportunity. Spanning a full city block on a 0.96-acre lot, the building previously operated as a butcher shop and meat packing plant. All existing equipment is included in the sale, representing a significant value-add for the buyer. Recent upgrades have been made to key equipment, including hoists and saws, ensuring operational readiness. The property features a functional smoking facility, one fully operational cooler, and a second cooler requiring minor repairs. A substantial freezer is also included. Exterior features include a convenient unload chute and a holding pen capable of accommodating up to 15 head of cattle or other livestock. The roof is approximately 12 years old. This property offers a versatile space with significant potential for various commercial uses, benefiting from its prime location and substantial existing infrastructure. The asking price is $300,000. Serious inquiries only. The square footage is not currently available.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1950
Total area
5,607 SF
Lot
0.96 ac (42,000 SF)
APN
0050-00-060-013-0-001-00
UPID
US69-1794170
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
-
Fairview Packing Co Meat Packer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$310k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$410k
Owner & transaction history
Elena Resendiz · 2 yrs held
Elena Resendiz
since 2024
2 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 Fairview submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fairview 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
$310,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$410k
Range $369k – $451k · ±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
$73 / 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
$878
Tax year 2023
Assessed value
$9,488
Assessed 2023
Previous assessed
$9,036
+5.0% YoY
Effective rate
9.25%
On assessed value
Assessed land
$2,310
Assessed improvement
$7,178
Land market value
$21,000
Improvement market value
$84,634
Total market value
$105,634
Applied tax rate
203.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1950
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
5,607 SF
Lot
0.96 ac (42,000 SF)
APN
0050-00-060-013-0-001-00
UPID
US69-1794170
Jurisdiction
MAJOR
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
1950
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.96 ac
Current owner
From public records · entity-resolved
Elena Resendiz
Individual
Free & Clear · 2 yrs held
Mailing address
216 SANTA FE ST, FAIRVIEW, OK 73737-1628
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 5, 2024
—
Elena Resendiz
Regulo Resendiz
Deed
related
—
Mar 5, 2007
$103,000
Regulo Resendiz
Merle Ray Patzkowsky
Warranty Deed
$78,000 · Merry & Joyce Patzkowsky
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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