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Property profile & analytics
OFF-MARKET
Estimated value
$635,000
Strip malls
3700 206th St, Edmond, OK 73012-9102
Entity Owned
18-yr Hold
~
Est. High Equity
Property ID
US69-0501730
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2008
Construction
STEEL FRAME
Total area
4,800 SF
Lot
0.28 ac (12,110 SF)
APN
25-724-2049
UPID
US69-0501730
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
-
Farrow & Dewbre Orthodontics Dental Office
-
Lotus Gold Cannabis Co. (Bike/Boat/Book/etc) Store
-
Beacon Coffee Stand Cafe & Coffee Shop
-
Jeremy Dewbre Dental Office
-
Melissa L Farrow Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$775k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$635k
Owner & transaction history
Deer Creek Operating LLC · 18 yrs held
Deer Creek Operating LLC
since 2008
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$840,000
6.5%
$775,000
7%
$720,000
Alternative Use
Use
Estimation
RETAIL STORES
$960,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$635k
Range $572k – $699k · ±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
$132 / 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
$8,147
Tax year 2023
Assessed value
$69,771
Assessed 2023
Previous assessed
$66,448
+5.0% YoY
Effective rate
11.68%
On assessed value
Assessed land
$8,000
Assessed improvement
$61,771
Land market value
$78,631
Improvement market value
$607,145
Total market value
$685,776
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2008
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
4
Total area
4,800 SF
Lot
0.28 ac (12,110 SF)
APN
25-724-2049
UPID
US69-0501730
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
RETAIL STORES
Est. value
$960,000
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
2008
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
4
Lot
0.28 ac
Current owner
From public records · entity-resolved
Deer Creek Operating LLC
Entity
Mailing address
3660 NW 206TH ST, EDMOND, OK 73012-9165
Ownership since
2008
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
Apr 27, 2022
—
Deer Creek Operating LLC
—
Deed
related
$75,000 · F & M Bank
Mar 17, 2020
—
Deer Creek Storage LLC
—
Deed
related
$2,425,000 · Central Bk/ok
Oct 30, 2018
—
Deer Creek Operating LLC
—
Deed
related
$108,163 · F&m Bk
Jan 28, 2008
$70,000
Deer Creek Operating LLC
Austin John B Trust
Warranty Deed
$485,000 · F & M Bank
—
—
Deer Creek Operating LLC
—
Loan Modification
related
$108,163 · F&m Bk
—
—
Deer Creek Operating LLC
—
Deed Of Trust
related
$473,895 · F & M Bank NA
—
—
Deer Creek Storage LLC
—
Loan Modification
related
$2,425,000 · Central Bk/ok
—
—
Deer Creek Operating LLC
—
Loan Modification
related
$500,000 · F & M 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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