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Property profile & analytics
FOR LEASE
Strip malls
3705 West Memorial Rd, Oklahoma City, OK 73134
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US69-0297660
For Lease
$11 SF/Yr
3705 West Memorial Rd, Oklahoma City, OK 73134
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
34,150 SF
Lot
15.45 ac (673,002 SF)
APN
14-072-6000
UPID
US69-0297660
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
-
Vance Insurance Group, LLC Insurance Agency
-
ObGyn Care of Oklahoma: Shaurin Patel, M.D. Physician
-
Brandon C. Gaddy, MPT Medical Clinic
-
Trice Jill K Physician
-
Pankey Amber D Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.77M
Owner & transaction history
Chase Plaza LLC · 11 yrs held
Chase Plaza LLC
since 2015
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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$52 / 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
$72,007
Tax year 2023
Assessed value
$605,000
Assessed 2023
Previous assessed
$605,000
+0.0% YoY
Effective rate
11.90%
On assessed value
Assessed land
$243,555
Assessed improvement
$361,445
Land market value
$2,214,145
Improvement market value
$3,285,855
Total market value
$5,500,000
Applied tax rate
212.0000
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
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
AC.PACKAGE
Buildings
6
Stories
1
Units
26
Total area
34,150 SF
Lot
15.45 ac (673,002 SF)
APN
14-072-6000
UPID
US69-0297660
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
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
6
Units
26
Lot
15.45 ac
Current owner
From public records · entity-resolved
Chase Plaza LLC
Entity
Mailing address
3000 W MEMORIAL RD STE #225, OKLAHOMA CITY, OK 73120-6103
Ownership since
2015
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 29, 2015
—
Chase Plaza LLC
Oaktree Capital LLC
Quit Claim Deed
related
$11,800,000 · Weokie Cu
Apr 4, 2014
$7,500,000
Chase Plaza LLC
Gold Rock Cod LLC
Grant Deed
—
Apr 4, 2014
—
Chase Plaza LLC
Irmas Rock Cod LLC
Grant Deed
related
$12,000,000 · Rcb Bk
Sep 13, 2012
—
Irmas Rock Cod LLC
Rock Cod Chase Plaza LLC
Quit Claim Deed
related
—
—
—
Chase Plaza LLC
—
Deed Of Trust
related
$3,200,000 · Interbank
—
—
Irmas Rock Cod LLC
—
Deed Of Trust
related
$4,470,000 · Bank Of Oklahoma
—
—
Rock Cod Chase Plaza LLC
—
Deed Of Trust
related
$4,700,000 · Standard Insurance Co
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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