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Property profile & analytics
FOR LEASE
Retail space
3125 Southwest 89Th St Oklahoma City, OK 73159
Individually Owned
10-yr Hold
Free & Clear
Property ID
US69-2314422
For Lease
1 / 5
$16 SF/Yr
3125 Southwest 89Th St, Oklahoma City, OK 73159
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2006
Construction
WOOD FRAME
Total area
4,131 SF
Lot
2.26 ac (98,271 SF)
APN
14-095-1035
UPID
US69-2314422
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
$806k
Blend (final)
Blend
$620k
Owner & transaction history
Hcii Hpi-3125 Sw 89th Street L · 10 yrs held
Hcii Hpi-3125 Sw 89th Street L
since 2016
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$645,000
+26.5%
Auto repair, garage
$615,000
+20.5%
Commercial (general)
$585,000
+14.6%
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
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
$510,000
Current use
MEDICAL BUILDING
$645,000
Change: +26% · Conversion: Difficult
AUTO REPAIR, GARAGE
$615,000
Change: +20% · Conversion: Difficult
COMMERCIAL (GENERAL)
$585,000
Change: +15% · Conversion: Easy
OFFICE BUILDING
$530,000
Change: +4% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$470,000
Change: -8% · Conversion: Moderate
Blend value · Realmo final
$620k
Range $558k – $682k · ±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
$150 / 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
$12,167
Tax year 2023
Assessed value
$102,244
Assessed 2023
Previous assessed
$102,242
+0.0% YoY
Effective rate
11.90%
On assessed value
Assessed land
$40,702
Assessed improvement
$61,542
Land market value
$370,024
Improvement market value
$559,467
Total market value
$929,491
Applied tax rate
302.0000
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
For Lease
Year built
2006
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
2
Total area
4,131 SF
Lot
2.26 ac (98,271 SF)
APN
14-095-1035
UPID
US69-2314422
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
$510,000
MEDICAL BUILDING
Est. value
$645,000
AUTO REPAIR, GARAGE
Est. value
$615,000
COMMERCIAL (GENERAL)
Est. value
$585,000
OFFICE BUILDING
Est. value
$530,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$470,000
RETAIL STORES Current
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
2006
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
2
Lot
2.26 ac
Current owner
From public records · entity-resolved
Hcii Hpi-3125 Sw 89th Street L
Individual
Free & Clear · 10 yrs held
Mailing address
1001 WATER ST STE #800, TAMPA, FL 33602-5467
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 29, 2016
$1,700,000
Hcii Hpi-3125 Sw 89th Street L
Tiger Funds LLC
Grant Deed
—
Oct 10, 2008
$1,400,000
Tiger Funds LLC
Beta Partners LLC
Warranty Deed
related
$875,000 · Bank West Oklahoma City
Aug 23, 2006
$252,000
Beta Partners LLC
Mcnk INC
Warranty Deed
$730,000 · Bank Of The West
Oct 7, 2005
$1,500,000
Mcnk INC
Cambridge Properties LLC
Warranty Deed
$1,200,000 · Legacy 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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