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Property profile & analytics
OFF-MARKET
Estimated value
$1,530,000
Strip malls
4330 29th St Del City, OK 73115-3334
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US69-0738424
Property summary
AI-generated overview
Ponderosa Plaza, located at 4330 SE 29th Street in Del City, Oklahoma (zip code 73115), presents a compelling retail investment opportunity. This 18,384 square foot strip center/neighborhood center boasts a highly visible location along a busy Del City thoroughfare. Currently, there are multiple spaces available, with a minimum divisible space of 1,800 square feet and a maximum contiguous space of 4,298 square feet. A significant 8,596 square feet of space is currently vacant, presenting a unique chance for expansion or new tenancy. The property sits on a substantial 4.6-acre lot, providing ample parking and potential for future development. Built in 1973, the property is zoned C-3, allowing for a variety of retail uses. The property is situated within the Del City submarket of Oklahoma County, offering excellent access to a thriving community. This affordable retail space represents a strong investment opportunity in a desirable location. Interested parties should note that the property is located at 35.4344638 latitude and -97.4394453 longitude.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
9,384 SF
Lot
4.6 ac (200,420 SF)
APN
15-392-1970
UPID
US69-0738424
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.69M
Blend (final)
Blend
$1.53M
Owner & transaction history
Cp Management LLC · 9 yrs held
Cp Management LLC
since 2016
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.5M
+37.7%
Auto repair, garage
$1.4M
+31.2%
Commercial (general)
$1.3M
+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 Del City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Del 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
$1,065,000
Current use
MEDICAL BUILDING
$1,465,000
Change: +38% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,395,000
Change: +31% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,325,000
Change: +25% · Conversion: Easy
OFFICE BUILDING
$1,205,000
Change: +13% · Conversion: Moderate
RETAIL STORES
$1,160,000
Change: +9% · Conversion: Easy
Blend value · Realmo final
$1.53M
Range $1.38M – $1.68M · ±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
$163 / 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
$10,756
Tax year 2023
Assessed value
$95,643
Assessed 2023
Previous assessed
$91,089
+5.0% YoY
Effective rate
11.25%
On assessed value
Assessed land
$20,932
Assessed improvement
$74,711
Land market value
$205,604
Improvement market value
$733,852
Total market value
$939,456
Applied tax rate
652.0000
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
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Units
4
Total area
9,384 SF
Lot
4.6 ac (200,420 SF)
APN
15-392-1970
UPID
US69-0738424
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
$1.1M
MEDICAL BUILDING
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.2M
RETAIL STORES
Est. value
$1.2M
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
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
2
Units
4
Lot
4.6 ac
Current owner
From public records · entity-resolved
Cp Management LLC
Entity
Mailing address
PO BOX 14670, OKLAHOMA CITY, OK 73113-0670
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 3, 2016
—
Cp Management LLC
—
Deed
related
$406,164 · Shamrock Bank
—
—
Cp Management LLC
—
Deed Of Trust
related
$400,000 · First National Bank
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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