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Property profile & analytics
OFF-MARKET
Estimated value
$6,070,000
Showrooms
5108 15th St Del City, OK 73115-3902
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US69-0584127
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1987
Construction
STEEL FRAME
Total area
32,496 SF
Lot
3.74 ac (162,697 SF)
APN
15-391-3700
UPID
US69-0584127
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.90M
Comparable Approach
Comparable
$7.22M
Blend (final)
Blend
$6.07M
Owner & transaction history
Orrklahoma Reality LLC · 7 yrs held
Orrklahoma Reality LLC
since 2018
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$9.3M
+101.8%
Medical building
$5.1M
+10.4%
Auto repair, garage
$4.8M
+5.1%
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%
$7,475,000
6.5%
$6,900,000
7%
$6,405,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$4,595,000
Current use
RESTAURANT
$9,275,000
Change: +102% · Conversion: Difficult
MEDICAL BUILDING
$5,075,000
Change: +10% · Conversion: Easy
AUTO REPAIR, GARAGE
$4,830,000
Change: +5% · Conversion: Difficult
OFFICE BUILDING
$4,170,000
Change: -9% · Conversion: Easy
RETAIL STORES
$4,010,000
Change: -13% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$3,685,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$6.07M
Range $5.46M – $6.68M · ±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
$187 / 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
$67,013
Tax year 2023
Assessed value
$595,884
Assessed 2023
Previous assessed
$595,884
+0.0% YoY
Effective rate
11.25%
On assessed value
Assessed land
$125,290
Assessed improvement
$470,594
Land market value
$1,139,005
Improvement market value
$4,278,130
Total market value
$5,417,135
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1987
Construction
STEEL FRAME
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
32,496 SF
Lot
3.74 ac (162,697 SF)
APN
15-391-3700
UPID
US69-0584127
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
COMMERCIAL (GENERAL) Current
Est. value
$4.6M
RESTAURANT
Est. value
$9.3M
MEDICAL BUILDING
Est. value
$5.1M
AUTO REPAIR, GARAGE
Est. value
$4.8M
OFFICE BUILDING
Est. value
$4.2M
RETAIL STORES
Est. value
$4.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.7M
COMMERCIAL (GENERAL) Current
RESTAURANT
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
1987
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
3.74 ac
Current owner
From public records · entity-resolved
Orrklahoma Reality LLC
Entity
Mailing address
4545 N STATE LINE AVE, TEXARKANA, TX 75503-2915
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 10, 2020
—
Orrklahoma Realty LLC
—
Deed
related
$15,500,000 · Arvest Mtg
Nov 9, 2018
$6,000,000
Orrklahoma Reality LLC
Security Holdings INC
Grant Deed
$6,500,000 · Other Institutional Lenders
Aug 29, 2018
—
Security Holdings INC
—
Deed
related
$790,000 · Bancfirst
Oct 26, 2016
—
Security Holdings INC
—
Deed
related
$3,292,391 · Bancfirst
Nov 12, 2013
$3,100,000
Security Holdings INC
Anthonys Tv & Appliance INC
Grant Deed
related
$3,375,000 · Bancfirst
—
—
Anthonys Tv & Appliance INC
—
Deed Of Trust
related
$1,600,000 · Brad Fenton
—
—
Security Holdings INC
—
Loan Modification
related
$3,292,391 · Bancfirst
—
—
Security Holdings INC
—
Loan Modification
related
$790,000 · Bancfirst
—
—
Orrklahoma Realty LLC
—
Deed Of Trust
related
$15,500,000 · Arvest Mtg
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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