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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5716 NW 135Th St Oklahoma City, OK 73142

    • Commercial real estate
    • 6,360 SF
    • 0.31 lot acres
    For Sale
    View listing
    $1,170,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US69-0669331
    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

    • Stable Energy Land Services, LLC / Business Service Center / Corporate Office

    Property Details for 5716 NW 135Th St

    Year built
    2011
    Lot size
    0.31 lot acres
    Property size
    6,360 SF
    Property type
    Commercial real estate
    APN
    21-086-1080
    APU
    210861080

    Description

    This exceptional Class A office building, constructed in 2018, offers 5,932 square feet of versatile space in Oklahoma City, OK. Located at 5716 NW 135th St, zip code 73142, this single-story building features two distinct suites, each complete with its own breakroom, private offices, and restrooms. The property is currently vacant, presenting a unique owner-user opportunity. Each suite is designed for optimal functionality and comfort, making it ideal for a business seeking to establish a strong presence in the Oklahoma City market. The asking price is $1,375,000, translating to $231.79 per square foot. The property's APN is R210861080. This investment presents the flexibility to occupy one suite and lease the other for supplemental income, or utilize the entire building for a single business operation. The building's modern design and amenities provide a high-quality workspace, attracting both employees and clients. This is a prime opportunity to acquire a well-maintained, strategically located office building in a thriving area of Oklahoma City. The property is situated in Oklahoma County and offers a convenient location for businesses seeking easy access to major transportation routes and amenities. The building's single-story design ensures easy navigation and accessibility for all occupants.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,173,000
      Market price range: $999k - $1.60M
      AI Estimate
      $530,000
      Market price range: $422k - $809k

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,315,000
      Current use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Oklahoma City
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.6188
    Latitude
    35.607
    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
    $14,311
    $31,350
    $77,435
    $108,785
    -
    $285,000
    $703,960
    $988,960

    Comparable in this City

    • Value Estimation by Request
      12.00 Acres

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      Land • 12.00 Acres
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      View Details
    • Value Estimation
      $565,000
      4,498 SF

      12313 Hidden Frst Blvd

      COMMERCIAL (GENERAL) • 4,498 SF
      12313 Hidden Frst Blvd, Oklahoma City, OK 73142-2578
      View Details
    • Value Estimation by Request
      1,340 SF

      8001 122nd St

      COMMERCIAL (GENERAL) • 1,340 SF
      8001 122nd St, Oklahoma City, OK 73142-3302
      View Details
    • Value Estimation
      $555,000
      4,459 SF

      5725 132nd St

      COMMERCIAL (GENERAL) • 4,459 SF
      5725 132nd St, Oklahoma City, OK 73142-4437
      View Details
    • Value Estimation by Request
      2,952 SF

      5745 132nd St

      COMMERCIAL (GENERAL) • 2,952 SF
      5745 132nd St, Oklahoma City, OK 73142-4437
      View Details
    • Value Estimation
      $710,000
      4,621 SF

      5740 135th St

      COMMERCIAL (GENERAL) • 4,621 SF
      5740 135th St, Oklahoma City, OK 73142-5937
      View Details

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      Commercial Land Ready to Build

      Flat commercial land in Oklahoma City, ready for development.
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      Development-ready land with utilities, high traffic, and easy access.
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      Development Ready Land For Sale

      3 acres of land ready for development with utilities.
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    Similar Nearby for Lease

    • Contact for pricing

      Kavan Farm: Prime OKC Land

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      Deercrest Marketplace: Retail Power Center

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      Oklahoma City Office Space Available

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      Memorial Road Retail Center

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      Retail Space with Drive-Thru Potential

      Retail space with drive-thru, near major employers and high-income area.
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      View Details
    • $20 SF/Yr
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      Retail Space with High Visibility

      Retail space featuring high visibility, ample parking, and versatile layout.
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      View Details
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    Oklahoma City, OK 73142
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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