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Property profile & analytics
FOR LEASE
Turn key restaurants
500 N Meridian Ave Oklahoma City, OK 73107
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US69-0013118
For Lease
1 / 10
$15 SF/Yr
500 N Meridian Ave, Oklahoma City, OK 73107
View Listing →
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1969
Construction
WOOD FRAME
Total area
5,679 SF
Lot
1.01 ac (44,170 SF)
APN
14-197-1005
UPID
US69-0013118
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
-
Chuck Moss Bankruptcy Attorney Law Firm
-
Home Companies Mortgage Loan Service Bank
-
Verit Labs, Inc. Tech Support Center (Bike/Boat/Book/etc) Store
-
Bankruptcy Information Law Firm
-
STAT Overnight Delivery Courier Service Postal Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
C&r Holdings LLC · 1 yrs held
C&r Holdings LLC
since 2024
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$16,241
Tax year 2023
Assessed value
$133,224
Assessed 2023
Previous assessed
$133,224
+0.0% YoY
Effective rate
12.19%
On assessed value
Assessed land
$48,571
Assessed improvement
$84,653
Land market value
$441,560
Improvement market value
$769,574
Total market value
$1,211,134
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
For Lease
Year built
1969
Construction
WOOD FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Total area
5,679 SF
Lot
1.01 ac (44,170 SF)
APN
14-197-1005
UPID
US69-0013118
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
1969
Construction
WOOD FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Lot
1.01 ac
Current owner
From public records · entity-resolved
C&r Holdings LLC
Entity
Mailing address
11912 LAKEBLUFF WAY, FRISCO, TX 75035-8243
Ownership since
2024
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
Dec 10, 2024
$1,750,000
C&r Holdings LLC
Bpm Management LLC
Special Warranty Deed
$1,295,000 · First Citizens Bank & Trust Co
Apr 24, 2024
$3,000,000
Bpm Management LLC
Commercial Assets INC
Warranty Deed
$2,400,000 · First Oklahoma Bank
Feb 6, 2020
—
Egg Harbor Properties LLC
—
Deed
related
$409,530 · Liberty Nat'l Bk
Feb 1, 2019
—
Fs Building INC
First Summit INC
Warranty Deed
—
Oct 10, 2002
$660,000
Hd Investments LLC
S & A Properties Corp
Grant Deed
$664,960 · Midfirst Bank State Savings Bk
—
—
First Summit INC
—
Deed Of Trust
related
$29,279 · Quail Creek 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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