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Property profile & analytics
OFF-MARKET
Estimated value
$1,020,000
Retail space
2917 Douglas Blvd Midwest City, OK 73130-7125
Entity Owned
15-yr Hold
Absentee Owner
Free & Clear
Property ID
US69-2334121
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2010
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,632 SF
Lot
1.69 ac (73,442 SF)
APN
15-021-1400
UPID
US69-2334121
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.10M
Blend (final)
Blend
$1.02M
Owner & transaction history
2917 S Douglas LLC · 15 yrs held
2917 S Douglas LLC
since 2010
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.6M
+131.2%
Medical building
$880,000
+26.5%
Auto repair, garage
$835,000
+20.5%
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 Midwest City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Midwest 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$695,000
Current use
RESTAURANT
$1,605,000
Change: +131% · Conversion: Easy
MEDICAL BUILDING
$880,000
Change: +26% · Conversion: Difficult
AUTO REPAIR, GARAGE
$835,000
Change: +20% · Conversion: Difficult
COMMERCIAL (GENERAL)
$795,000
Change: +15% · Conversion: Easy
OFFICE BUILDING
$725,000
Change: +4% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$640,000
Change: -8% · Conversion: Moderate
Blend value · Realmo final
$1.02M
Range $918k – $1.12M · ±10%
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
$181 / 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
$35,193
Tax year 2023
Assessed value
$298,983
Assessed 2023
Previous assessed
$293,155
+2.0% YoY
Effective rate
11.77%
On assessed value
Assessed land
$96,955
Assessed improvement
$202,028
Land market value
$881,412
Improvement market value
$1,836,624
Total market value
$2,718,036
Applied tax rate
552.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2010
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Total area
5,632 SF
Lot
1.69 ac (73,442 SF)
APN
15-021-1400
UPID
US69-2334121
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
RETAIL STORES Current
Est. value
$695,000
RESTAURANT
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$880,000
AUTO REPAIR, GARAGE
Est. value
$835,000
COMMERCIAL (GENERAL)
Est. value
$795,000
OFFICE BUILDING
Est. value
$725,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$640,000
RETAIL STORES Current
RESTAURANT
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
2010
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
1.69 ac
Current owner
From public records · entity-resolved
2917 S Douglas LLC
Entity
Free & Clear · 15 yrs held
Mailing address
916 N MAIN ST, STILLWATER, OK 74075-3621
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 7, 2010
—
2917 S Douglas LLC
Shaw Investment Properties LLC
Warranty Deed
related
—
Sep 14, 2010
—
Shaw Investment Properties LLC
—
Deed Of Trust
related
$3,756,010 · Rcb Bank
Sep 2, 2009
$650,000
Shaw Investment Properties LLC
Luckey Partners LLC
Grant Deed
$3,900,000 · Rcb Bank
Sep 2, 2009
$300,000
Shaw Investment Properties LLC
Newey Family Partners LLC
Grant Deed
—
May 13, 2009
—
Lucky Partners LLC
First American Title & Trust
Grant Deed
related
—
Apr 30, 2008
$400,000
First American Title & Trust Co
Gns 2 LLC
Warranty Deed
related
—
Nov 5, 2007
$282,500
Newey Family Partners LLC
Tronox Worldwide LLC
Grant Deed
—
Jun 13, 2005
—
Gns 2 LLC
Trisha & Neil LLC
Warranty Deed
$296,990 · First American Bank Norman Nw
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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