Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$17,125,000
Parking lots & garages
222 Sheridan Ave Oklahoma City, OK 73104-4233
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US69-0730555
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1999
Construction
CONCRETE
Total area
180,266 SF
Lot
0.64 ac (27,791 SF)
APN
02-002-7800
UPID
US69-0730555
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
-
Bricktown Garage Parking Parking Lot & Garage
-
UrbanToonz ARTistry LLC Barber Shop
-
Scoobuur - Mobility Scooter Rentals Car Rental Facility
-
On The Run Convenience & Deli Grocery & Convenience Store
-
youth care of oklahoma Foster Care Service Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$17.13M
Owner & transaction history
222 Sheridan Bricktown Garage LLC · 4 yrs held
222 Sheridan Bricktown Garage LLC
since 2022
Last sale
$17.3M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$19.0M
+8.4%
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
$16,870,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
PARKING LOT
$17,495,000
Current use
RESTAURANT
$18,965,000
Change: +8% · Conversion: Difficult
MEDICAL BUILDING
$14,795,000
Change: -15% · Conversion: Difficult
AUTO REPAIR, GARAGE
$14,365,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$17.13M
Range $15.41M – $18.84M · ±10% · vs last sale $17.25M (Jun 13 2022)
Last sale anchor
$17.25M
Jun 13 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
$95 / 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
$195,997
Tax year 2023
Assessed value
$1,595,809
Assessed 2023
Previous assessed
$748,000
+113.3% YoY
Effective rate
12.28%
On assessed value
Assessed land
$152,872
Assessed improvement
$1,442,937
Land market value
$1,389,750
Improvement market value
$13,117,612
Total market value
$14,507,362
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Year built
1999
Construction
CONCRETE
Heating
NONE
Cooling
NONE
Stories
6
Units
556
Total area
180,266 SF
Lot
0.64 ac (27,791 SF)
APN
02-002-7800
UPID
US69-0730555
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
PARKING LOT Current
Est. value
$17.5M
RESTAURANT
Est. value
$19.0M
MEDICAL BUILDING
Est. value
$14.8M
AUTO REPAIR, GARAGE
Est. value
$14.4M
PARKING LOT Current
RESTAURANT
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1999
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
6
Units
556
Lot
0.64 ac
Current owner
From public records · entity-resolved
222 Sheridan Bricktown Garage LLC
Entity
Mailing address
30 W 4TH ST, CINCINNATI, OH 45202-3602
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 11, 2024
—
222 Sheridan Bricktown Garage LLC
—
Deed
related
$75,500,000 · Argentic Real Estate Finance 2 LLC
Jun 13, 2022
$17,250,000
222 Sheridan Bricktown Garage LLC
Bricktown Garage Parking LLC
Special Warranty Deed
—
Apr 24, 2020
—
Bricktown Garage Parking LLC
—
Deed
related
$8,970,000 · Bancfirst
Jun 6, 2016
—
Bricktown Garage Parking LLC
—
Deed
related
$200,000 · Rcb Bk
Jul 24, 2013
—
Bricktown Garage Parking LLC
Midland Capital LLC
Warranty Deed
—
Jun 18, 2013
$9,375,000
Midland Capital LLC
Power Alley Parking LLC
Warranty Deed
related
$7,500,000 · Rcb Bank
—
—
Power Alley Parking LLC
—
Deed Of Trust
related
$3,050,000 · Nbc Oklahoma
—
—
Bricktown Garage Parking LLC
—
Deed Of Trust
related
$200,000 · Rcb Bk
—
—
Bricktown Garage Parking LLC
—
Deed Of Trust
related
$8,970,000 · Bancfirst
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 222 Sheridan Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
