New search
Property profile & analytics
OFF-MARKET
Estimated value
$6,655,000
Strip malls
3315 Expy Expressway, Oklahoma City, OK 73112-4477
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US69-0329042
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1961
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
41,650 SF
Lot
3.16 ac (137,562 SF)
APN
14-275-2350
UPID
US69-0329042
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
$7.49M
Blend (final)
Blend
$6.66M
Owner & transaction history
Ktj LLC · 2 yrs held
Ktj LLC
since 2023
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$6.5M
+37.7%
Auto repair, garage
$6.2M
+31.2%
Office building
$5.3M
+13.2%
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
NEIGHBORHOOD: SHOPPING CENTER
$4,720,000
Current use
MEDICAL BUILDING
$6,500,000
Change: +38% · Conversion: Difficult
AUTO REPAIR, GARAGE
$6,195,000
Change: +31% · Conversion: Difficult
OFFICE BUILDING
$5,345,000
Change: +13% · Conversion: Moderate
RETAIL STORES
$5,140,000
Change: +9% · Conversion: Easy
Blend value · Realmo final
$6.66M
Range $5.99M – $7.32M · ±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
$160 / 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
$71,044
Tax year 2023
Assessed value
$582,754
Assessed 2023
Previous assessed
$555,003
+5.0% YoY
Effective rate
12.19%
On assessed value
Assessed land
$74,163
Assessed improvement
$508,591
Land market value
$894,173
Improvement market value
$6,132,033
Total market value
$7,026,206
Applied tax rate
501.0000
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
Off-Market
Year built
1961
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
4
Total area
41,650 SF
Lot
3.16 ac (137,562 SF)
APN
14-275-2350
UPID
US69-0329042
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$4.7M
MEDICAL BUILDING
Est. value
$6.5M
AUTO REPAIR, GARAGE
Est. value
$6.2M
OFFICE BUILDING
Est. value
$5.3M
RETAIL STORES
Est. value
$5.1M
NEIGHBORHOOD: SHOPPING CENTER Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1961
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Units
4
Lot
3.16 ac
Current owner
From public records · entity-resolved
Ktj LLC
Entity
Mailing address
1701 WINDSOR PL, NICHOLS HILLS, OK 73116-5114
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 18, 2023
—
Ktj LLC
Ptl Burgess LLC
Warranty Deed
$10,769,202 · Sovereign Bank
Apr 16, 2019
—
Mercer Street Holdings Two LLC
—
Grant Deed
related
$7,250,000 · Cantor Com'l R/e Lndg
Nov 27, 2018
—
Mercer Street Holdings Two LLC
Mercer Street Holdings Two LLC|b R Mayfair Center
Quit Claim Deed
related
—
Feb 15, 2013
—
Br Mayfair Center LLC
—
Loan Modification
related
$24,080,000 · Us Bank NA Series 2006-2 (ce)
May 3, 2006
$9,050,000
Br Midland Center LLC
Midland Capital LLC
Grant Deed
related
$24,080,000 · Bear Stearns Commercial Mtg
Jul 3, 2002
$4,250,000
Midland Capital Corp
Regis Inn LLC
Grant Deed
related
$3,480,000 · Americrest Bank
—
—
Midland Capital LLC
—
Deed Of Trust
related
$2,456,000 · Coppermark 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3315 Expy Expressway?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
