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Property profile & analytics
OFF-MARKET
Estimated value
$890,000
Grocery and convenience stores
2891 Waterloo Rd Edmond, OK 73034-8199
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US69-0121119
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1970
Total area
3,311 SF
Lot
0.48 ac (20,909 SF)
APN
420012469
UPID
US69-0121119
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
-
ATM Atm
-
Canna 24 Dispensary (Bike/Boat/Book/etc) Store
-
Waterloo Corner Grocery & Convenience Store
-
La Villita Express Mexican Cuisine Restaurant
-
Bitcoin Depot | Bitcoin ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$920k
CAP Approach
CAP
$860k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$890k
Owner & transaction history
Mountain Express Oil Company · 3 yrs held
Mountain Express Oil Company
since 2022
Last sale
$888,500
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 Edmond submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Edmond 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
$990,000
ML approach
$920,000
CAP Approach
CAP Return
Estimation
6%
$935,000
6.5%
$860,000
7%
$800,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$810,000
Current use
RETAIL STORES
$665,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$890k
Range $801k – $979k · ±10% · vs last sale $889k (Nov 8 2022)
Last sale anchor
$889k
Nov 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
$269 / 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
$6,913
Tax year 2023
Assessed value
$66,774
Assessed 2023
Previous assessed
$45,379
+47.1% YoY
Effective rate
10.35%
On assessed value
Assessed land
$35,200
Assessed improvement
$31,574
Land market value
$319,998
Improvement market value
$287,036
Total market value
$607,034
Applied tax rate
6.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1970
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
3,311 SF
Lot
0.48 ac (20,909 SF)
APN
420012469
UPID
US69-0121119
Jurisdiction
LOGAN
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$810,000
RETAIL STORES
Est. value
$665,000
NEIGHBORHOOD: SHOPPING CENTER Current
RETAIL STORES
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
1970
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.48 ac
Current owner
From public records · entity-resolved
Mountain Express Oil Company
Entity
Mailing address
3650 MANSELL RD STE #250, ALPHARETTA, GA 30022-7200
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 8, 2022
$600,000
Mountain Express Oil Company
Britton Road Mart LLC
Warranty Deed
—
Nov 8, 2022
$888,500
Mountain Portfolio Owner Ok 3 LLC
Mountain Express Oil Company
Limited Warranty Deed
—
Jun 3, 2014
$600,000
Britton Road Mart LLC
Nsa LLC
Warranty Deed
$548,000 · First United Bk
Apr 26, 2013
—
Nsa LLC
Kanwal,nosheen
Quit Claim Deed
related
—
Jun 26, 2012
—
Nosheen Kanwal
Khan,naeem A
Quit Claim Deed
related
—
Dec 14, 2011
—
Darius INC
Ullah,ahsan
Quit Claim Deed
related
—
Dec 7, 2011
$275,000
Naeem A Khan
Ahsan Ullah
Warranty Deed
$210,000 · First National Bank Of Oklahoma
—
—
Darius INC
—
Loan Modification
related
$160,952 · Quail Creek Bank
—
—
Darius INC
—
Deed Of Trust
related
$25,000 · Quail Creek Bank
—
—
Darius INC
—
Deed Of Trust
related
$149,258 · Quail Creek 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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