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Property profile & analytics
OFF-MARKET
Estimated value
$10,725,000
Outlet malls
2201 Memorial Rd Oklahoma City, OK 73134-8009
Entity Owned
1-yr Hold
Free & Clear
Property ID
US69-2362783
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
100,871 SF
Lot
7.47 ac (325,524 SF)
APN
12-480-1020
UPID
US69-2362783
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
-
Hobby Lobby (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$13.24M
Blend (final)
Blend
$10.73M
Owner & transaction history
Rcg Oklahoma City Pm LLC · 1 yrs held
Rcg Oklahoma City Pm LLC
since 2025
Last sale
$10.7M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$17.4M
+40.1%
Medical building
$15.8M
+26.5%
Auto repair, garage
$15.0M
+20.5%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$12,450,000
Current use
COMMERCIAL (GENERAL)
$17,440,000
Change: +40% · Conversion: Easy
MEDICAL BUILDING
$15,750,000
Change: +26% · Conversion: Difficult
AUTO REPAIR, GARAGE
$15,000,000
Change: +20% · Conversion: Difficult
OFFICE BUILDING
$12,945,000
Change: +4% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$11,435,000
Change: -8% · Conversion: Moderate
Blend value · Realmo final
$10.73M
Range $9.65M – $11.80M · ±10% · vs last sale $10.68M (Mar 12 2025)
Last sale anchor
$10.68M
Mar 12 2025
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
$106 / 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
$127,161
Tax year 2023
Assessed value
$1,068,400
Assessed 2023
Previous assessed
$1,002,950
+6.5% YoY
Effective rate
11.90%
On assessed value
Assessed land
$232,733
Assessed improvement
$835,667
Land market value
$2,115,763
Improvement market value
$7,596,973
Total market value
$9,712,736
Applied tax rate
212.0000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Units
2
Total area
100,871 SF
Lot
7.47 ac (325,524 SF)
APN
12-480-1020
UPID
US69-2362783
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
RETAIL STORES Current
Est. value
$12.5M
COMMERCIAL (GENERAL)
Est. value
$17.4M
MEDICAL BUILDING
Est. value
$15.8M
AUTO REPAIR, GARAGE
Est. value
$15.0M
OFFICE BUILDING
Est. value
$12.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$11.4M
RETAIL STORES Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
2
Lot
7.47 ac
Current owner
From public records · entity-resolved
Rcg Oklahoma City Pm LLC
Entity
Free & Clear · 1 yrs held
Mailing address
23425 COMMERCE PARK STE #103, CLEVELAND, OH 44122-5848
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 12, 2025
$10,677,000
Rcg Oklahoma City Pm LLC
Arc Qsokcok001 LLC
Special Warranty Deed
—
Sep 8, 2023
—
Arc Qsokcok001 LLC
—
Deed
related
$260,000,000 · Key Bank NA
Jun 22, 2015
$11,350,000
Arc Qsokcok001 LLC
Inland Wstn Oklahoma City Quai
Grant Deed
—
Dec 28, 2009
—
Inland Wstn Oklahoma City Quai
—
Deed Of Trust
related
$500,000,000 · J P Morgan Chase Bank
Feb 23, 2005
$10,500,000
Inland Wstn Oklahoma City Quai
2201 Memorial LLC
Grant Deed
—
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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