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Property profile & analytics
OFF-MARKET
Estimated value
$4,640,000
Flex space
3575 234th St Edmond, OK 73025
Individually Owned
Free & Clear
Property ID
US69-0564394
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
2019
Total area
2,072 SF
Lot
20 ac (871,200 SF)
APN
25-701-4000
UPID
US69-0564394
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
$4.58M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.64M
Owner & transaction history
Breene Mitchell Kerr Revocable Trus
Breene Mitchell Kerr Revocable Trus
since 2025
Last sale
$4.5M
7 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
Method
Estimation
Statistic approach
$4,995,000
ML approach
$4,580,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.64M
Range $4.18M – $5.10M · ±10% · vs last sale $4.49M (May 17 2022)
Last sale anchor
$4.49M
May 17 2022
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
$2,239 / 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
$3,204
Tax year 2023
Assessed value
$27,441
Assessed 2023
Previous assessed
$30,979
-11.4% YoY
Effective rate
11.68%
On assessed value
Assessed land
$6,784
Assessed improvement
$20,657
Land market value
$74,354
Improvement market value
$226,415
Total market value
$300,769
Applied tax rate
106.0000
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
2019
Heating
NONE
Cooling
AC.PACKAGE
Stories
1
Rooms
5
Bathrooms
1
Total area
2,072 SF
Lot
20 ac (871,200 SF)
APN
25-701-4000
UPID
US69-0564394
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
2019
Heating
NONE
Cooling
Yes
Stories
1
Rooms
5
Bathrooms
1
Lot
20 ac
Current owner
From public records · entity-resolved
Breene Mitchell Kerr Revocable Trus
Individual
Free & Clear · 0 yrs held
Mailing address
1201 GLENBROOK DR APT #4, OKLAHOMA CITY, OK 73118-1056
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 22, 2025
—
Breene Mitchell Kerr Revocable Trus
Deerwood Farms 2 LLC
Quitclaim Deed
related
—
May 17, 2022
—
Deerwood Farms 2 LLC
Breene M Kerr JR
Quit Claim Deed
related
—
Dec 27, 2021
$4,490,000
Sorghum Penn LLC
Deerwood Farms LLC
Warranty Deed
—
Sep 2, 2021
—
Cellco Partnership
Tpa III LLC
Lease
—
Oct 13, 2016
—
Deerwood Farms LLC
Berg Frances Living Trust
Quit Claim Deed
related
—
Sep 9, 2016
—
Deerwood Farms LLC
Berg Frances Living Trust
Quit Claim Deed
related
—
Jan 17, 2014
—
Berg,frances Living Trust
Berg Frances Trust
Quit Claim Deed
related
—
Sep 26, 2011
—
Berg Frances Trust
Kerr,frances M
Quit Claim Deed
related
—
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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