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    Property profile & analytics

    3938 Reno Ave Oklahoma City, OK 73107-6626

    • Bars
    • 2,736 SF
    • 0.50 lot acres
    OFF-MARKET
    Value Estimation
    $415,000
    Last Sale
    Dec 15, 2022
    $400,000
    Location Intelligence
    Property ID
    US69-0579722
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Hot n Spice / Fast Food Restaurant
    • Firebelly Wings / Chicken Wings Restaurant
    • Grilled Cheese Society / Restaurant / Grill

    Property Details for 3938 Reno Ave

    Year built
    1984
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.50 lot acres
    Property size
    2,736 SF
    Property type
    Bars
    Property subtype
    Pubs
    APN
    12-121-1170
    APU
    121211170

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $390,000

    • CAP approach

      CAP return
      Estimation
      6%
      $415,000
      6.5%
      $480,000
      7%
      $465,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $455,000
      Geo Method
      $425,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $500,000
      Retail
      $505,000
      Mixed-Use
      $510,000
      Hospitality
      $545,000
      Educational
      $450,000
      Residential Income
      $410,000
      Energy
      $495,000
      Income-Based Land
      $540,000
      Food Service
      $530,000

    Location Insight

    • Map
    • Local Demand
    City
    Oklahoma City
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.5901
    Latitude
    35.4638
    CBSA code
    36420
    CBSA name
    OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $5,504
    $14,426
    $30,718
    $45,144
    -
    $131,148
    $279,252
    $410,400

    Comparable in this City

    • Value Estimation
      $120,000
      2,000 SF

      2829 California Ave

      BAR, TAVERN • 2,000 SF
      2829 California Ave, Oklahoma City, OK 73107-6807
      View Details
    • Value Estimation
      $75,000
      1,592 SF

      110 May Ave

      BAR, TAVERN • 1,592 SF
      110 May Ave, Oklahoma City, OK 73107-6834
      View Details
    • Value Estimation by Request
      2,730 SF

      3001 Portland Ave

      BAR, TAVERN • 2,730 SF
      3001 Portland Ave, Oklahoma City, OK 73107-1513
      View Details
    • Value Estimation
      $200,000
      2,400 SF

      2525 10th St

      BAR, TAVERN • 2,400 SF
      2525 10th St, Oklahoma City, OK 73107-5405
      View Details
    • Value Estimation by Request
      2,736 SF

      2850 23rd St

      RESTAURANT • 2,736 SF
      2850 23rd St, Oklahoma City, OK 73107
      View Details
    • Value Estimation by Request
      1,999 SF

      3616 23rd St

      RESTAURANT • 1,999 SF
      3616 23rd St, Oklahoma City, OK 73107-2804
      View Details

    Similar Nearby for Sale

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      Oklahoma City Investment Opportunity

      Commercial property with excellent accessibility and visibility in Oklahoma City.
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      New construction retail building with warehouse option and ample parking.
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    Similar Nearby for Lease

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      7,972 SF

      Restaurant Space Near Airport

      Restaurant space with vent hood, coolers, and ample parking.
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      High-visibility retail space near I-40 and I-44 intersection.
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    • $192 SF/Yr
      16,775 SF

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      Oklahoma City retail space, high visibility.
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    • Contact for pricing
      13,905 SF

      Freestanding Retail Building For Lease

      Freestanding retail building with ample parking and high visibility.
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    • $6 SF/Yr
      5,000 SF

      Adaptable Commercial Building Near I-40

      Versatile building suitable for retail, office, or showroom purposes.
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      View Details
    • $20 SF/Yr
      1,800 SF

      Retail Space on 23rd Street

      Retail space with high visibility and ample parking available for rent.
      2936 NW 23Rd St, Oklahoma City, OK 73107
      View Details
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    Oklahoma City, OK 73107-6626
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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