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Property profile & analytics
FOR LEASE
Warehouses
3750 Service Rd Oklahoma City, OK 73112
Individually Owned
1-yr Hold
Free & Clear
Property ID
US69-0036706
For Lease
1 / 2
$2,005,000
3750 Service Rd, Oklahoma City, OK 73112
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1980
Construction
TILT-UP CONCRETE
Total area
16,050 SF
Lot
1.79 ac (77,755 SF)
APN
07-234-5420
UPID
US69-0036706
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
-
Northern Safety & Industrial Building Supply General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.98M
CAP Approach
CAP
$1.96M
Comparable Approach
Comparable
$1.60M
Blend (final)
Blend
$2.01M
Owner & transaction history
Zbh N I 44 Okc Ltd · 1 yrs held
Zbh N I 44 Okc Ltd
since 2025
Last sale
$2.1M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.5M
+126.4%
Auto repair, garage
$2.4M
+115.6%
Office building
$2.1M
+86.0%
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
$1,900,000
ML approach
$1,980,000
CAP Approach
CAP Return
Estimation
6%
$2,115,000
6.5%
$1,955,000
7%
$1,815,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$2,505,000
Change: +126% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,385,000
Change: +116% · Conversion: Easy
OFFICE BUILDING
$2,060,000
Change: +86% · Conversion: Difficult
RETAIL STORES
$1,980,000
Change: +79% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$1,820,000
Change: +64% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,510,000
Change: +36% · Conversion: Difficult
Blend value · Realmo final
$2.01M
Range $1.80M – $2.21M · ±10% · vs last sale $2.10M (Oct 27 2024)
Last sale anchor
$2.10M
Oct 27 2024
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
$125 / 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
$25,669
Tax year 2023
Assessed value
$209,000
Assessed 2023
Previous assessed
$209,000
+0.0% YoY
Effective rate
12.28%
On assessed value
Assessed land
$34,203
Assessed improvement
$174,797
Land market value
$310,944
Improvement market value
$1,589,056
Total market value
$1,900,000
Applied tax rate
200.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
1980
Construction
TILT-UP CONCRETE
Heating
SPACE
Cooling
YES
Stories
1
Units
2
Total area
16,050 SF
Lot
1.79 ac (77,755 SF)
APN
07-234-5420
UPID
US69-0036706
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
MEDICAL BUILDING
Est. value
$2.5M
AUTO REPAIR, GARAGE
Est. value
$2.4M
OFFICE BUILDING
Est. value
$2.1M
RETAIL STORES
Est. value
$2.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.8M
COMMERCIAL (GENERAL)
Est. value
$1.5M
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
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
1980
Construction
TILT-UP CONCRETE
Heating
SPACE
Cooling
Yes
Stories
1
Units
2
Lot
1.79 ac
Current owner
From public records · entity-resolved
Zbh N I 44 Okc Ltd
Individual
Free & Clear · 1 yrs held
Mailing address
25775 OAK RDG DR STE #110, THE WOODLANDS, TX 77380-2076
Mailing matches property
Yes
Owner-occupied
Yes
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 27, 2025
$2,100,000
Zbh N I 44 Okc Ltd
David Kelley LLC
Warranty Deed
—
Oct 9, 2020
$1,900,000
David Kelley LLC
Nor Holdings LLC
Grant Deed
$650,000 · Southwest Bk/weatherford
May 10, 2017
$1,316,000
Nor Holdings LLC
D & L Leasing LLC
Grant Deed
related
$1,052,800 · Midfirst Bk
Nov 9, 2005
—
D & L Leasing LLC
Rankin,david & Laura
Quit Claim Deed
related
—
Aug 23, 2005
$675,000
David Rankin
Boyington C F Family Trust
Grant Deed
related
$730,000 · Bank Of Nichols Hills
—
—
D & L Leasing LLC
—
Deed Of Trust
related
$847,238 · Bank Of America
—
—
D & L Leasing LLC
—
Deed Of Trust
related
$601,642 · Rcb 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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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