New search
Property profile & analytics
FOR LEASE
Strip malls
3939 Macarthur Blvd, Warr Acres, OK 73122
Entity Owned
10-yr Hold
Absentee Owner
Free & Clear
Property ID
US69-0400018
For Lease
1 / 2
$9 SF/Yr
3939 Macarthur Blvd, Warr Acres, OK 73122
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1958
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
42,160 SF
Lot
5.12 ac (223,158 SF)
APN
18-880-0500
UPID
US69-0400018
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
$5.13M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.42M
Blend (final)
Blend
$5.17M
Owner & transaction history
Cornerstone Crossing LLC · 10 yrs held
Cornerstone Crossing LLC
since 2015
Last sale
$5.2M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$6.6M
+37.7%
Auto repair, garage
$6.3M
+31.2%
Commercial (general)
$6.0M
+24.8%
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 Warr Acres submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Warr Acres 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
$5,155,000
ML approach
$5,130,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$4,780,000
Current use
MEDICAL BUILDING
$6,580,000
Change: +38% · Conversion: Difficult
AUTO REPAIR, GARAGE
$6,270,000
Change: +31% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,960,000
Change: +25% · Conversion: Easy
OFFICE BUILDING
$5,410,000
Change: +13% · Conversion: Moderate
RETAIL STORES
$5,205,000
Change: +9% · Conversion: Easy
Blend value · Realmo final
$5.17M
Range $4.65M – $5.69M · ±10% · vs last sale $5.20M (Jan 14 2021)
Last sale anchor
$5.20M
Jan 14 2021
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
$123 / 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
$40,620
Tax year 2023
Assessed value
$344,704
Assessed 2023
Previous assessed
$344,704
+0.0% YoY
Effective rate
11.78%
On assessed value
Assessed land
$80,966
Assessed improvement
$263,738
Land market value
$736,060
Improvement market value
$2,397,620
Total market value
$3,133,680
Applied tax rate
601.0000
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
1958
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Units
10
Total area
42,160 SF
Lot
5.12 ac (223,158 SF)
APN
18-880-0500
UPID
US69-0400018
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$4.8M
MEDICAL BUILDING
Est. value
$6.6M
AUTO REPAIR, GARAGE
Est. value
$6.3M
COMMERCIAL (GENERAL)
Est. value
$6.0M
OFFICE BUILDING
Est. value
$5.4M
RETAIL STORES
Est. value
$5.2M
NEIGHBORHOOD: SHOPPING CENTER Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1958
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
2
Units
10
Lot
5.12 ac
Current owner
From public records · entity-resolved
Cornerstone Crossing LLC
Entity
Free & Clear · 10 yrs held
Mailing address
1801 W 63RD ST, KANSAS CITY, MO 64130
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 13, 2015
$3,517,500
Cornerstone Crossing LLC
Cornerstone Plaza LP
Grant Deed
related
—
Apr 4, 2006
$3,350,000
Cornerstone Plaza LP
Salt Creek LP
Warranty Deed
$2,847,500 · First Bethany Bank & Trust NA
—
—
Cornerstone Plaza LP
—
Deed Of Trust
related
$2,847 · First Bethany Bank & Trust NA
—
—
Cornerstone Crossing LLC
—
Deed Of Trust
related
$2,814,400 · Rcb Bk
—
—
Cornerstone Crossing LLC
—
Deed Of Trust
related
$1,000,000 · Alva St Bk&tr
—
—
Cornerstone Plaza LP
—
Deed Of Trust
related
$75,000 · First Bethany Bank & Trust NA
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
