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Property profile & analytics
OFF-MARKET
Estimated value
$1,090,000
Office buildings
3500 Hwy 81st Service Rd, El Reno, OK 73036-6825
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US69-0555942
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1985
Total area
5,810 SF
Lot
1.72 ac (74,923 SF)
APN
90030275
UPID
US69-0555942
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
$1.24M
Comparable Approach
Comparable
$1.15M
Blend (final)
Blend
$1.09M
Owner & transaction history
W Harvey Sparkman LLC · 13 yrs held
W Harvey Sparkman LLC
since 2013
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.8M
+115.5%
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 El Reno submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs El Reno 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%
$1,345,000
6.5%
$1,240,000
7%
$1,150,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$830,000
Current use
AUTO REPAIR, GARAGE
$1,790,000
Change: +115% · Conversion: Difficult
RETAIL STORES
$725,000
Change: -13% · Conversion: Moderate
Blend value · Realmo final
$1.09M
Range $981k – $1.20M · ±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
$188 / 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
$5,879
Tax year 2023
Assessed value
$80,242
Assessed 2023
Previous assessed
$76,422
+5.0% YoY
Effective rate
7.33%
On assessed value
Assessed land
$11,662
Assessed improvement
$68,580
Land market value
$149,846
Improvement market value
$594,179
Total market value
$744,025
Applied tax rate
25.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1985
Heating
SPACE
Cooling
EVAPORATIVE
Buildings
2
Stories
1
Total area
5,810 SF
Lot
1.72 ac (74,923 SF)
APN
90030275
UPID
US69-0555942
Jurisdiction
CANADIAN
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
OFFICE BUILDING Current
Est. value
$830,000
AUTO REPAIR, GARAGE
Est. value
$1.8M
RETAIL STORES
Est. value
$725,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
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
1985
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
2
Lot
1.72 ac
Current owner
From public records · entity-resolved
W Harvey Sparkman LLC
Entity
Mailing address
PO BOX 22845, OKLAHOMA CITY, OK 73123-1845
Ownership since
2013
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
Apr 1, 2022
—
W Harvey Sparkman LLC
—
Deed
related
$3,000,000 · Bank 7
Jun 11, 2018
—
W Harvey Sparkman LLC
—
Deed
related
$7,500,000 · Bank 7
May 8, 2013
$385,000
W Harvey Sparkman LLC
Case Wireline Services INC
Warranty Deed
$240,000 · Bank Of Commerce
Dec 21, 2006
$240,000
Case Wireline Services INC
Triplett Larry W Trust
Warranty Deed
—
—
—
W Harvey Sparkman LLC
—
Deed Of Trust
related
$453,749 · Bank Of Commerce
—
—
Case Wireline Services INC
—
Deed Of Trust
related
$558,121 · Central National Bank
—
—
W Harvey Sparkman LLC
—
Deed Of Trust
related
$7,500,000 · Bank 7
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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