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Property profile & analytics
OFF-MARKET
Estimated value
$1,470,000
Strip malls
5801 Martin Luther King Ave, Oklahoma City, OK 73111-7050
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US69-0670159
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
12,800 SF
Lot
0.99 ac (43,212 SF)
APN
14-978-0150
UPID
US69-0670159
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
-
Family Dollar Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.49M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.47M
Owner & transaction history
Nimba Holdings LLC · 4 yrs held
Nimba Holdings LLC
since 2022
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.0M
+37.7%
Auto repair, garage
$1.9M
+31.2%
Commercial (general)
$1.8M
+24.8%
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
$1,445,000
ML approach
$1,490,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,450,000
Current use
MEDICAL BUILDING
$2,000,000
Change: +38% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,905,000
Change: +31% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,810,000
Change: +25% · Conversion: Easy
OFFICE BUILDING
$1,640,000
Change: +13% · Conversion: Moderate
RETAIL STORES
$1,580,000
Change: +9% · Conversion: Easy
Blend value · Realmo final
$1.47M
Range $1.32M – $1.62M · ±10% · vs last sale $1.48M (Jan 3 2022)
Last sale anchor
$1.48M
Jan 3 2022
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
$115 / 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
$21,900
Tax year 2023
Assessed value
$162,800
Assessed 2023
Previous assessed
$162,800
+0.0% YoY
Effective rate
13.45%
On assessed value
Assessed land
$23,772
Assessed improvement
$139,028
Land market value
$216,115
Improvement market value
$1,263,885
Total market value
$1,480,000
Applied tax rate
237.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
5
Total area
12,800 SF
Lot
0.99 ac (43,212 SF)
APN
14-978-0150
UPID
US69-0670159
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.5M
MEDICAL BUILDING
Est. value
$2.0M
AUTO REPAIR, GARAGE
Est. value
$1.9M
COMMERCIAL (GENERAL)
Est. value
$1.8M
OFFICE BUILDING
Est. value
$1.6M
RETAIL STORES
Est. value
$1.6M
NEIGHBORHOOD: SHOPPING CENTER Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
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
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
5
Lot
0.99 ac
Current owner
From public records · entity-resolved
Nimba Holdings LLC
Entity
Mailing address
8 SW 89TH ST STE #100, OKLAHOMA CITY, OK 73139-8534
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 3, 2022
$1,475,000
Nimba Holdings LLC
Cherry Hollow Center LLC
Warranty Deed
$1,450,000 · Bank Of Cordell
Mar 18, 2021
—
Cherry Hollow Center LLC
—
Deed
related
$500,000 · Hunter Miller Family LLC
Jul 30, 2018
—
Cherry Hollow Center LLC
Cherry Hollow LLC
Quit Claim Deed
related
$862,500 · Central Bk/ok
Feb 3, 2016
$1,100,000
Grand Woods Dev LLC
Cherry Hollow Center LLC
Warranty Deed
$1,174,264 · Quail Creek Bk
Jul 23, 2015
—
Cherry Hollow LLC
Wf Offspring LLC
Quit Claim Deed
related
—
Jan 22, 2015
—
Kahkesh Properties LLC
Kahkesh Manoocher H & Vickie J
Quit Claim Deed
related
—
Jan 22, 2015
$2,200,000
Wf Offspring LLC
Mtk Construction & Props LLC
Warranty Deed
$1,025,100 · First St Bk
—
—
Manoocher H Kahkesh
—
Deed Of Trust
related
$47,317 · Quail Creek Bank
—
—
Manoocher H Kahkesh
—
Deed Of Trust
related
$30,363 · Quail Creek Bank
—
—
Manoocher H Kahkesh
—
Deed Of Trust
related
$50,378 · 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.
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