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Property profile & analytics
OFF-MARKET
Estimated value
$965,000
Flex space
3224 29th St Del City, OK 73115-1601
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US69-0580995
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1980
Construction
STEEL FRAME
Total area
10,600 SF
Lot
2.45 ac (106,853 SF)
APN
20-193-1030
UPID
US69-0580995
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
$990k
Comparable Approach
Comparable
$1.19M
Blend (final)
Blend
$965k
Owner & transaction history
Mdc Coast 12 LLC · 7 yrs held
Mdc Coast 12 LLC
since 2019
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.6M
+93.6%
Commercial (general)
$1.5M
+84.1%
Office building
$1.4M
+67.1%
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 Del City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Del 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%
$1,075,000
6.5%
$990,000
7%
$920,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$815,000
Current use
AUTO REPAIR, GARAGE
$1,575,000
Change: +94% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,500,000
Change: +84% · Conversion: Difficult
OFFICE BUILDING
$1,360,000
Change: +67% · Conversion: Difficult
RETAIL STORES
$1,310,000
Change: +61% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$1,200,000
Change: +48% · Conversion: Difficult
Blend value · Realmo final
$965k
Range $869k – $1.06M · ±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
$91 / 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
$37,322
Tax year 2023
Assessed value
$331,870
Assessed 2023
Previous assessed
$331,870
+0.0% YoY
Effective rate
11.25%
On assessed value
Assessed land
$11,990
Assessed improvement
$319,880
Land market value
$109,002
Improvement market value
$2,907,998
Total market value
$3,017,000
Applied tax rate
652.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1980
Construction
STEEL FRAME
Heating
SPACE
Buildings
2
Stories
1
Units
1
Total area
10,600 SF
Lot
2.45 ac (106,853 SF)
APN
20-193-1030
UPID
US69-0580995
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
INDUSTRIAL (GENERAL) Current
Est. value
$815,000
AUTO REPAIR, GARAGE
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$1.5M
OFFICE BUILDING
Est. value
$1.4M
RETAIL STORES
Est. value
$1.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.2M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
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
1980
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Buildings
2
Units
1
Lot
2.45 ac
Current owner
From public records · entity-resolved
Mdc Coast 12 LLC
Entity
Mailing address
11995 EL CAMINO REAL, SAN DIEGO, CA 92130-2539
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 13, 2019
$3,017,000
Mdc Coast 12 LLC
Collision Works Properties LLC
Grant Deed
—
Mar 28, 2017
$758,500
Collision Works Properties LLC
Bluff Creek Canyon LLC
Warranty Deed
—
Oct 28, 2016
—
Collision Works Properties LLC
—
Deed
related
$450,000 · Frontier St Bk
May 12, 2016
—
Collision Works Properties LLC
—
Deed
related
$2,318,290 · Frontier St Bk
Mar 31, 2014
—
Collision Works Properties LLC
Nossaman,jacob
Quit Claim Deed
related
—
Feb 22, 2011
—
Collision Works Properties LLC
Nossaman,jacob L
Quit Claim Deed
related
—
Mar 10, 2009
—
Jacob Nossaman
—
Trustees Deed
related
$40,000 · Onb Bank & Trust Co
Jan 16, 2002
$113,000
Jacob Nossaman
C & M Development Group LLC
Grant Deed
$91,238 · Quail Creek Bank
—
—
Collision Works LLC
—
Deed Of Trust
related
$39,938 · Onb Bank & Trust Co
—
—
Collision Works Properties LLC
—
Deed Of Trust
related
$78,220 · Onb Bk&tr
—
—
Collision Works Properties LLC
—
Deed Of Trust
related
$822,895 · Onb Bk&tr
—
—
Collision Works Properties LLC
—
Deed Of Trust
related
$2,354,429 · Intrust Bk
—
—
Collision Works Properties LLC
—
Deed Of Trust
related
$2,318,290 · Frontier St Bk
—
—
Collision Works Properties LLC
—
Deed Of Trust
related
$450,000 · Frontier St Bk
—
—
Jacob Nossaman
—
Deed Of Trust
related
$408,589 · 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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