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Property profile & analytics
OFF-MARKET
Estimated value
$1,490,000
Bars & Pubs
2218 39th St Oklahoma City, OK 73112-8834
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US69-2427156
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
2008
Construction
FRAME
Total area
4,180 SF
Lot
0.61 ac (26,484 SF)
APN
05-515-5535
UPID
US69-2427156
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
-
The Boom Restaurant Theater & Performing Art Venue
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.50M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.94M
Blend (final)
Blend
$1.49M
Owner & transaction history
Esquire Properties LLC · 3 yrs held
Esquire Properties LLC
since 2022
Last sale
$1.5M
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
$1,465,000
ML approach
$1,500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.49M
Range $1.34M – $1.64M · ±10% · vs last sale $1.50M (Sep 8 2022)
Last sale anchor
$1.50M
Sep 8 2022
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
$356 / 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
$20,330
Tax year 2023
Assessed value
$165,528
Assessed 2023
Previous assessed
$47,701
+247.0% YoY
Effective rate
12.28%
On assessed value
Assessed land
$11,655
Assessed improvement
$153,873
Land market value
$105,960
Improvement market value
$1,398,840
Total market value
$1,504,800
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
Bars & Pubs
Use group
BAR, TAVERN
Status
Off-Market
Year built
2008
Construction
FRAME
Heating
HEAT PUMP
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
4,180 SF
Lot
0.61 ac (26,484 SF)
APN
05-515-5535
UPID
US69-2427156
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
Building & site characteristics
From public records
Year built
2008
Construction
FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Units
1
Lot
0.61 ac
Current owner
From public records · entity-resolved
Esquire Properties LLC
Entity
Mailing address
2500 PERTH DR, EDMOND, OK 73013-9010
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 8, 2022
$1,500,000
Esquire Properties LLC
Bay Properties LLC
Warranty Deed
$1,200,000 · Esquire Properties LLC
Jun 26, 2020
—
Bay Properties LLC
—
Deed
related
$230,000 · Core Bk
Nov 27, 2018
$75,000
Bay Properties LLC
An-son Car Care Center INC
Warranty Deed
$47,500 · Core Bk
Oct 16, 2017
—
Bay Properties LLC
—
Deed
related
$354,106 · First St Bk
May 17, 2010
—
Bay Properties LLC
Gibbons,john P
Quit Claim Deed
related
$535,862 · First St Bk/sarasota
Apr 13, 2009
—
John P Gibbons
—
Trustees Deed
related
$65,000 · First State Bank
Oct 3, 2007
$100,000
John P Gibbons
Parker Living Trust
Warranty Deed
$90,000 · Kirkpatrick Bank
—
—
Bay Properties LLC
—
Loan Modification
related
$427,788 · First St Bk
—
—
Bay Properties LLC
—
Loan Modification
related
$457,647 · First St Bk
—
—
Bay Properties LLC
—
Loan Modification
related
$354,106 · First St Bk
—
—
Bay Properties LLC
—
Deed Of Trust
related
$230,000 · Core Bk
—
—
John P Gibbons
—
Deed Of Trust
related
$481,500 · First State Bank
—
—
Bay Properties LLC
—
Deed Of Trust
related
$519,072 · First State Bank
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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