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    Property profile & analytics

    2215 39th St Oklahoma City, OK 73112-8905

    • Flex space
    • 5,790 SF
    • 0.64 lot acres
    OFF-MARKET
    Value Estimation
    $530,000
    Last Sale
    Jun 01, 2021
    $565,000
    Location Intelligence
    Property ID
    US69-0775552
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Indigo Lounge OKC / Bar
    • Rainbow Bistro / German Restaurant / European Restaurant
    • Holistique Medical Wellness / Medical Spa

    Property Details for 2215 39th St

    Year built
    1953
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.64 lot acres
    Property size
    5,790 SF
    Property type
    Flex space
    APN
    05-515-4365
    APU
    55154365

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $510,000

    • CAP approach

      CAP return
      Estimation
      6%
      $555,000
      6.5%
      $560,000
      7%
      $605,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $565,000
      Geo Method
      $565,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $565,000
      Retail
      $585,000
      Mixed-Use
      $565,000
      Hospitality
      $605,000
      Educational
      $520,000
      Residential Income
      $530,000
      Energy
      $510,000
      Income-Based Land
      $650,000
      Food Service
      $640,000

    Location Insight

    • Map
    • Local Demand
    City
    Oklahoma City
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.5498
    Latitude
    35.5117
    CBSA code
    36420
    CBSA name
    OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $7,617
    $6,525
    $55,489
    $62,014
    -
    $59,500
    $506,000
    $565,500

    Comparable in this City

    • Value Estimation by Request
      3,500 SF

      2104 30th St

      LIGHT INDUSTRIAL • 3,500 SF
      2104 30th St, Oklahoma City, OK 73112-7902
      View Details
    • Value Estimation
      $350,000
      5,163 SF

      3816 Maney St

      LIGHT INDUSTRIAL • 5,163 SF
      3816 Maney St, Oklahoma City, OK 73112-2929
      View Details
    • Value Estimation
      $340,000
      4,050 SF

      4116 May Ave

      LIGHT INDUSTRIAL • 4,050 SF
      4116 May Ave, Oklahoma City, OK 73112-6270
      View Details
    • Value Estimation
      $340,000
      4,608 SF

      3901 Amelia Ave

      LIGHT INDUSTRIAL • 4,608 SF
      3901 Amelia Ave, Oklahoma City, OK 73112-2831
      View Details
    • Value Estimation by Request
      2,560 SF

      3900 Geraldine Ave

      LIGHT INDUSTRIAL • 2,560 SF
      3900 Geraldine Ave, Oklahoma City, OK 73112-2867
      View Details
    • Value Estimation by Request
      46,389 SF

      3920 39Th Expy

      Flex space • 46,389 SF
      3920 39Th Expy, Oklahoma City, OK 73112
      View Details

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    Similar Nearby for Lease

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    • $18 SF/Yr
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      Office Space in Oil Center

      Office space for lease in the Oil Center area.
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    • $15 SF/Yr
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      Retail Space Near Penn Square

      Retail space adjacent to Penn Square Mall available for lease.
      5601 N Pennsylvania Ave, Oklahoma City, OK 73112
      View Details
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    Oklahoma City, OK 73112-8905
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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