Financial
Distress signals
Property profile

413 South State St Edmond, OK 73003

FOR LEASE
Retail space
Property ID
US69-0665740
10,000 SF 1.29 ac lot Built 2008
Last sale Jun 2008 · $169,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 18-yr Hold Held for 18 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$16k
Tax billed · 2023
Assessed value$155k
Assessed land$18k
Assessed improvement$137k
Effective rate10.42%

Value estimate

· Sep 2026
$1.35M
$1.21M – $1.48M
CAP approach$1.63M
Sales comparison$947k
NOI build-up
Gross scheduled income$96k
Vacancy & credit loss−$7k
Operating expenses−$27k
NOI · 620,930.00% cap applied$62k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$200/SF
Submarket average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$108 – $323

Cap rate analysis

How does the asset earn?
620,930.00%
$62k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionOKLAHOMA

Location intelligence

Which uses thrive at this corner?
Best fit: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store10.8
Pharmacy10.8
Grocery Store10.2

Location

413 South State St Edmond, OK 73003
County assessor Recorded deeds · 11 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
611 Evergreen, Edmond, OK 73003-5727 $484,000 Feb 2025 9,600 SF
1361 Fretz, Edmond, OK 73003-5563 $2,330,000 Dec 2021 9,900 SF
1381 Fretz, Edmond, OK 73003-5574 $2,330,000 Dec 2021 9,900 SF
1321 Fretz, Edmond, OK 73003-5545 $12,700,000 Dec 2021 12,936 SF
1016 Covell, Edmond, OK 73003-3535 $3,980,000 Sep 2020 11,440 SF
301 Santa Fe, Edmond, OK 73003-6329 $3,424,000 Dec 2019 13,388 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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