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Property profile & analytics
OFF-MARKET
Estimated value
$930,000
Auto shops
2815 May Ave Oklahoma City, OK 73107-2118
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US69-0198916
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1978
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
15,782 SF
Lot
0.91 ac (39,640 SF)
APN
05-245-8125
UPID
US69-0198916
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
-
Life is Green General Contractor
-
Motor Fair Car Dealership
-
Spence Kitchen Remodeling LLC Renovation Specialist General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$840k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.11M
Blend (final)
Blend
$930k
Owner & transaction history
Tara LLC · 1 yrs held
Tara LLC
since 2025
Last sale
$1.1M
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
$825,000
ML approach
$840,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$930k
Range $837k – $1.02M · ±10% · vs last sale $1.10M (May 1 2025)
Last sale anchor
$1.10M
May 1 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
$59 / 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
$5,044
Tax year 2023
Assessed value
$41,069
Assessed 2023
Previous assessed
$41,069
+0.0% YoY
Effective rate
12.28%
On assessed value
Assessed land
$19,611
Assessed improvement
$21,458
Land market value
$178,290
Improvement market value
$195,066
Total market value
$373,356
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1978
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
2
Total area
15,782 SF
Lot
0.91 ac (39,640 SF)
APN
05-245-8125
UPID
US69-0198916
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
1978
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Units
2
Lot
0.91 ac
Current owner
From public records · entity-resolved
Tara LLC
Entity
Mailing address
2827 N MAY AVE, OKLAHOMA CITY, OK 73107-2118
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2025
$1,100,000
Tara LLC
Nix & T LLC
Warranty Deed
$880,000 · First Bethany Bank & Trust
Apr 10, 2025
$1,100,000
Nix & T LLC
Fair Finance LLC
Warranty Deed
$880,000 · Frontier State Bank
Jun 15, 2018
—
Hesham K Shafix
Silva-said,de Shaf Xochitl E
Quit Claim Deed
related
—
Jan 23, 2018
—
Fair Fin
—
Deed
related
$495,780 · First Ent Bk
Jul 2, 2010
$475,000
Fair Finance LLC
Rehco LLC
Warranty Deed
$380,000 · First Fidelity Bank NA
Dec 16, 2009
$6,500,000
Rehco LLC
Jab Real Estate Co LP
Grant Deed
$5,200,000 · Bank Of Oklahoma
—
—
Fair Fin
—
Deed Of Trust
related
$215,328 · First Ent Bk
—
—
Fair Fin
—
Deed Of Trust
related
$300,000 · First Ent Bk
—
—
Fair Fin
—
Loan Modification
related
$495,780 · First Ent Bk
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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