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    Property profile & analytics

    5108 Palmer Ave Spencer, OK 73084-1439

    • Flex space
    • 875 SF
    • 0.32 lot acres
    OFF-MARKET
    Value Estimation
    $100,000
    Last Sale
    Aug 29, 2022
    $65,000
    Location Intelligence
    Property ID
    US69-0471855
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Flex space

    Property Details for 5108 Palmer Ave

    Year built
    2003
    Construction
    STEEL FRAME
    Lot size
    0.32 lot acres
    Property size
    875 SF
    Property type
    Flex space
    APN
    19-906-6820
    APU
    199066820

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Spencer
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.3772
    Latitude
    35.5224
    CBSA code
    36420
    CBSA name
    OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $793
    $1,905
    $5,435
    $7,340
    -
    $17,325
    $49,405
    $66,730

    Comparable in this City

    • Value Estimation by Request
      2,992 SF

      8701 51st St

      LIGHT INDUSTRIAL • 2,992 SF
      8701 51st St, Spencer, OK 73084
      View Details
    • Value Estimation by Request
      2,780 SF

      5600 Spencer Rd

      LIGHT INDUSTRIAL • 2,780 SF
      5600 Spencer Rd, Spencer, OK 73084-1471
      View Details
    • Value Estimation
      $80,000
      2,400 SF

      5634 Douglas Blvd

      LIGHT INDUSTRIAL • 2,400 SF
      5634 Douglas Blvd, Spencer, OK 73084-1517
      View Details
    • Value Estimation
      $230,000
      1,800 SF

      3645 Trosper Dr

      LIGHT INDUSTRIAL • 1,800 SF
      3645 Trosper Dr, Spencer, OK 73084-3440
      View Details
    • Value Estimation by Request
      2,100 SF

      9713 23rd St

      LIGHT INDUSTRIAL • 2,100 SF
      9713 23rd St, Spencer, OK 73084
      View Details
    • Value Estimation by Request
      4,404 SF

      8619 Main St

      LIGHT INDUSTRIAL • 4,404 SF
      8619 Main St, Spencer, OK 73084-1414
      View Details

    Similar Nearby for Sale

    • $700,000
      6,500 SF

      Commercial Opportunity in Nicoma Park

      Commercial property with living quarters, shop, and ample opportunity.
      3025 N Westminster Rd, Spencer, OK 73084
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    • $60,000
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      Oklahoma City Land Opportunity

      Land suitable for residential or business development in Oklahoma City.
      2 Westminster And Spencer Jones Rd, Oklahoma City, OK 73084
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    • $125,000
      528 SF

      3701 Hiwassee Rd, Spencer, OK 73084

      Commercial real estate • 528 SF
      3701 Hiwassee Rd, Spencer, OK 73084
      View Details
    • Contact for pricing
      0.67 Acres

      Residential Lot in Spencer, OK

      Residential land available for building a new home.
      141190200 John St, Spencer, OK 73084
      View Details
    • $60,000
      0.68 Acres

      Oklahoma City Acreage Opportunity

      Land suitable for a dream home or business venture.
      4 Westminster And Spencer Jones Rd, Oklahoma City, OK 73084
      View Details
    • $30,000
      Pending

      Vacant Lot in Established Neighborhood

      Vacant lot ready for new home construction in Oklahoma City.
      12608 Nelson Ave, Spencer, OK 73084
      View Details
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    5108 Palmer Ave
    Spencer, OK 73084-1439
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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