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Property profile & analytics
FOR SALE
Commercial real estate
4345 North Lincoln Blvd Oklahoma City, OK 73105
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US69-0529100
For Sale
1 / 3
$23,725,000
4345 North Lincoln Blvd, Oklahoma City, OK 73105
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1967
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
140,689 SF
Lot
11.65 ac (507,518 SF)
APN
13-320-9000
UPID
US69-0529100
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
-
Insure Oklahoma! Insurance Agency
-
SoonerCare Insurance Agency
-
Oklahoma Health Care Authority State Government Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$29.87M
Comparable Approach
Comparable
$18.82M
Blend (final)
Blend
$23.35M
Owner & transaction history
Lincoln Plaza & 261 LLC · 11 yrs held
Lincoln Plaza & 261 LLC
since 2014
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$22.0M
+58.4%
Auto repair, garage
$20.9M
+50.8%
Office building
$18.1M
+30.2%
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%
$32,360,000
6.5%
$29,870,000
7%
$27,735,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$21,965,000
Change: +58% · Conversion: Easy
AUTO REPAIR, GARAGE
$20,920,000
Change: +51% · Conversion: Difficult
OFFICE BUILDING
$18,050,000
Change: +30% · Conversion: Easy
RETAIL STORES
$17,365,000
Change: +25% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$15,945,000
Change: +15% · Conversion: Difficult
Blend value · Realmo final
$23.35M
Range $21.02M – $25.69M · ±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
$166 / 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
$179,414
Tax year 2023
Assessed value
$1,460,792
Assessed 2023
Previous assessed
$1,460,792
+0.0% YoY
Effective rate
12.28%
On assessed value
Assessed land
$69,556
Assessed improvement
$1,391,236
Land market value
$632,335
Improvement market value
$12,647,595
Total market value
$13,279,930
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
1967
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Cooling
AC.CHILLED WATER
Stories
3
Units
1
Rooms
10
Total area
140,689 SF
Lot
11.65 ac (507,518 SF)
APN
13-320-9000
UPID
US69-0529100
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
MEDICAL BUILDING
Est. value
$22.0M
AUTO REPAIR, GARAGE
Est. value
$20.9M
OFFICE BUILDING
Est. value
$18.1M
RETAIL STORES
Est. value
$17.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$15.9M
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
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
1967
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Cooling
Yes
Stories
3
Units
1
Rooms
10
Lot
11.65 ac
Current owner
From public records · entity-resolved
Lincoln Plaza & 261 LLC
Entity
Mailing address
211 N ROBINSON AVE STE 1950N, OKLAHOMA CITY, OK 73102-7142
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 6, 2024
—
Lincoln 154 LLC
—
Deed
related
$14,300,000 · Commerce Bank
Aug 6, 2014
—
Lincoln Plaza & 261 LLC
Lincoln Plaza/261 LLC
Quit Claim Deed
related
$18,120,000 · Rialto Mtg Fin
Aug 22, 2011
$2,600,000
Lincoln Plaza/261 LLC
First United Prop Holding Co L
Grant Deed
$2,200,000 · First United Bank
Oct 15, 2009
—
Renaissance Center LLC
—
Trustees Deed
related
$101,162 · First United Bank
Apr 3, 2009
—
Renaissance Center LLC
—
Deed Of Trust
related
$2,500,000 · First United Bank
Jun 16, 2006
$2,025,000
Renaissance Center LLC
Bldg Oklahoma Hotel
Grant Deed
$2,500,000 · First United Bank
—
—
Lincoln Plaza/261 LLC
—
Deed Of Trust
related
$2,200,000 · First United Bank
—
—
Lincoln Plaza & 261 LLC
—
Deed Of Trust
related
$15,830,000 · Stillwater Nat'l Bank & Trust
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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