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Property profile & analytics
OFF-MARKET
Estimated value
$705,000
Turn key restaurants
4227 Meridian Ave Oklahoma City, OK 73112-2456
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US69-0210689
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1967
Construction
STONE
Total area
8,354 SF
Lot
1.42 ac (61,812 SF)
APN
14-550-6500
UPID
US69-0210689
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
$705k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$525k
Blend (final)
Blend
$705k
Owner & transaction history
Jb Cases Holdings LLC · 1 yrs held
Jb Cases Holdings LLC
since 2025
Last sale
$705,000
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$705,000
ML approach
$705,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$705k
Range $635k – $776k · ±10% · vs last sale $705k (Jan 23 2024)
Last sale anchor
$705k
Jan 23 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
$84 / 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
$9,823
Tax year 2023
Assessed value
$80,576
Assessed 2023
Previous assessed
$80,576
+0.0% YoY
Effective rate
12.19%
On assessed value
Assessed land
$27,194
Assessed improvement
$53,382
Land market value
$247,220
Improvement market value
$485,295
Total market value
$732,515
Applied tax rate
501.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1967
Construction
STONE
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Total area
8,354 SF
Lot
1.42 ac (61,812 SF)
APN
14-550-6500
UPID
US69-0210689
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
Building & site characteristics
From public records
Year built
1967
Construction
STONE
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Lot
1.42 ac
Current owner
From public records · entity-resolved
Jb Cases Holdings LLC
Entity
Mailing address
PO BOX 83372, OKLAHOMA CITY, OK 73148-1372
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 10, 2025
$1,500,000
Jb Cases Holdings LLC
Action Proeprties LLC
Warranty Deed
$1,200,000 · First Bethany Bank & Trust
Jan 23, 2024
$705,000
Action Properties LLC
Allegiance Credit Union
Warranty Deed
$574,496 · F & M Bank
Jul 17, 2012
$600,000
Allegiance Cu
Elias C & P A Trust
Warranty Deed
—
Oct 9, 2009
—
Chris Elias
—
Trustees Deed
related
—
Oct 17, 2008
—
Chris Elias
—
Trustees Deed
related
—
Feb 24, 2005
—
Christopher Elias
Elias,chris & Patricia A
Quit Claim Deed
related
—
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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