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Property profile & analytics
FOR LEASE
Strip malls
3248 S Broadway, Edmond, OK 73013
Entity Owned
14-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US69-0322067
For Lease
1 / 3
$16 SF/Yr
3248 S Broadway, Edmond, OK 73013
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2008
Construction
WOOD FRAME
Total area
16,820 SF
Lot
1.87 ac (81,501 SF)
APN
20-971-1050
UPID
US69-0322067
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
-
Subway Take-out & Catering
-
Alexander Detox Counselor Addiction Treatment Center
-
MERLE NORMAN COSMETICS STUDIO Cosmetic Store
-
Cherries Phone Repair Computer & Electronic Repair Tech Support Center
-
AT&T Store Telecommunications Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.62M
Owner & transaction history
Shoppes On Broadway LLC · 14 yrs held
Shoppes On Broadway LLC
since 2011
4 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$96 / 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
$15,480
Tax year 2023
Assessed value
$148,500
Assessed 2023
Previous assessed
$148,500
+0.0% YoY
Effective rate
10.42%
On assessed value
Assessed land
$62,760
Assessed improvement
$85,740
Land market value
$570,549
Improvement market value
$779,451
Total market value
$1,350,000
Applied tax rate
512.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
2008
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
6
Total area
16,820 SF
Lot
1.87 ac (81,501 SF)
APN
20-971-1050
UPID
US69-0322067
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
2008
Construction
WOOD FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
6
Lot
1.87 ac
Current owner
From public records · entity-resolved
Shoppes On Broadway LLC
Entity
Mailing address
6500 N CLASSEN BLVD, OKLAHOMA CITY, OK 73116-7310
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
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
Dec 23, 2011
—
Shoppes On Broadway LLC
—
Deed Of Trust
related
$5,495,800 · Deerdon Properties LLC
Jul 11, 2011
—
Shoppes On Broadway LLC
—
Deed Of Trust
related
$14,187,756 · Kirkpatrick Bank
—
—
Shoppes On Broadway LLC
—
Loan Modification
related
$5,900,390 · Mariposa Investments LLC
—
—
Shoppes On Broadway LLC
—
Deed Of Trust
related
$12,611,936 · Bancfirst
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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