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Property profile & analytics
OFF-MARKET
Estimated value
$2,615,000
Strip malls
4223 10th St, Oklahoma City, OK 73107-5821
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US69-0681813
Property summary
AI-generated overview
This exceptional 45,000 square foot retail center, located at 4223 NW 10th Street in Oklahoma City, Oklahoma, presents a significant investment opportunity. Currently, 34,000 square feet of space is available for lease within this multi-tenant shopping center situated on a three-acre lot. The property boasts a prime location in Oklahoma County, zip code 73107, with excellent visibility and accessibility for customers. Its "Retail" zoning designation allows for a wide range of commercial uses, making it ideal for a variety of businesses. The existing infrastructure supports multiple tenants, providing ample space for expansion or the establishment of new businesses. The substantial vacant space offers a unique chance to customize the layout and design to meet specific business needs. This property is perfect for businesses seeking high visibility and a strong presence in a thriving Oklahoma City market. The ample lot size provides ample parking and potential for future development. Serious inquiries are encouraged to explore this exceptional retail opportunity. Contact us to schedule a viewing and discuss lease terms.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1974
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
16,867 SF
Lot
3.1 ac (135,167 SF)
APN
11-779-2005
UPID
US69-0681813
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
-
Hazy Leaf Dispensary Alternative Medicine Practice
-
Rebuilding Lives Ministries Church Mosque
-
Barri Agent Bank Credit Union
-
Nutriticion Fundamental Inc Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.93M
Blend (final)
Blend
$2.62M
Owner & transaction history
Med Venture LLC · 3 yrs held
Med Venture LLC
since 2022
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.6M
+37.7%
Auto repair, garage
$2.5M
+31.2%
Office building
$2.2M
+13.2%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,910,000
Current use
MEDICAL BUILDING
$2,635,000
Change: +38% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,510,000
Change: +31% · Conversion: Difficult
OFFICE BUILDING
$2,165,000
Change: +13% · Conversion: Moderate
Blend value · Realmo final
$2.62M
Range $2.35M – $2.88M · ±10%
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
$155 / 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
$17,010
Tax year 2023
Assessed value
$138,496
Assessed 2023
Previous assessed
$138,496
+0.0% YoY
Effective rate
12.28%
On assessed value
Assessed land
$18,289
Assessed improvement
$120,207
Land market value
$166,271
Improvement market value
$1,092,785
Total market value
$1,259,056
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1974
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
AC.PACKAGE
Buildings
3
Stories
1
Units
10
Total area
16,867 SF
Lot
3.1 ac (135,167 SF)
APN
11-779-2005
UPID
US69-0681813
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
$1.9M
MEDICAL BUILDING
Est. value
$2.6M
AUTO REPAIR, GARAGE
Est. value
$2.5M
OFFICE BUILDING
Est. value
$2.2M
NEIGHBORHOOD: SHOPPING CENTER Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1974
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
3
Units
10
Lot
3.1 ac
Current owner
From public records · entity-resolved
Med Venture LLC
Entity
Free & Clear · 3 yrs held
Mailing address
6301 WATERFORD BLVD STE #320, OKLAHOMA CITY, OK 73118-1168
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 2, 2022
$13,151
Med Venture LLC
Sirisone Nguyen
Correction Deed
related
—
Sep 28, 2022
$13,151
Med Venture LLC
Sirisone Nguyen
Sheriffs Deed
related
—
Jan 21, 2016
—
Vongkhamsene,sirisone Trust
Vongkhamsene,sirisone
Quit Claim Deed
related
—
Oct 24, 2014
—
Sirisone V Nguyen
—
Trustees Deed
related
$2,350,000 · Nbc Ok
Apr 4, 2006
—
Sirisone Nguyen
Huynh,thuy C
Warranty Deed
related
$386,650 · Quail Creek Bank
Apr 21, 2005
—
Sirisone Nguyen
Nguyen,sirisone
Quit Claim Deed
related
—
Apr 4, 2005
—
Sirisone Nguyen
Vannguyen,thanh
Affidavit Of Death
related
—
Oct 18, 2000
$470,000
Thanh V Nguyen
Nguyen,thuc V & Mai P
Grant Deed
related
—
Jan 6, 1999
$500,000
Nguyen,thuc V & Mai-phuong T
Reach The Children Foundation
Trustees Deed
—
—
—
Nguyen Thuc V
—
Deed Of Trust
related
$350,000 · All American Bank
—
—
Sirisone V Nguyen
—
Loan Modification
related
$2,350,000 · Nbc Ok
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.
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