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    Property profile & analytics

    5815 Martin Luther King Ave Oklahoma City, OK 73111-7050

    • Turn key restaurants
    • 6,578 SF
    • 1.29 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US69-0690260
    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

    • McDonald's / Coffee Shop / Breakfast Restaurant

    Property Details for 5815 Martin Luther King Ave

    Year built
    1987
    Construction
    BRICK
    Lot size
    1.29 lot acres
    Property size
    6,578 SF
    Property type
    Turn key restaurants
    APN
    14-978-0175
    APU
    149780175

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Oklahoma City
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.4772
    Latitude
    35.5306
    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
    $24,561
    $61,875
    $120,708
    $182,583
    -
    $562,500
    $1,097,354
    $1,659,854

    Comparable in this City

    • Value Estimation by Request
      1,833 SF

      3815 Kelley Ave

      RESTAURANT • 1,833 SF
      3815 Kelley Ave, Oklahoma City, OK 73111-5134
      View Details
    • Value Estimation by Request
      1,150 SF

      2220 Kelley Ave

      RESTAURANT • 1,150 SF
      2220 Kelley Ave, Oklahoma City, OK 73111-2134
      View Details
    • Value Estimation by Request
      1,740 SF

      1018 23rd St

      RESTAURANT • 1,740 SF
      1018 23rd St, Oklahoma City, OK 73111-2613
      View Details
    • Value Estimation by Request
      880 SF

      3340 Kelley Ave

      RESTAURANT • 880 SF
      3340 Kelley Ave, Oklahoma City, OK 73111-3909
      View Details
    • Value Estimation
      $630,000
      970 SF

      1424 23rd St

      RESTAURANT • 970 SF
      1424 23rd St, Oklahoma City, OK 73111-3004
      View Details
    • Value Estimation
      $240,000
      1,708 SF

      2101 23rd St

      RESTAURANT • 1,708 SF
      2101 23rd St, Oklahoma City, OK 73111-3403
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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      Prime I-35 Oklahoma City Land

      High-traffic location, ideal for development.
      I-35 Service Rd, Oklahoma City, OK 73111
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    • $1,880,000
      24,521 SF

      Oklahoma City Freestanding Office Building

      24,521 SF Class B office building on 7.17 acres.
      1900 NE 36Th St, Oklahoma City, OK 73111
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    • $495,000
      6.50 Acres

      Oklahoma City Acreage with Trees

      6.5 acre lot perfect for raising horses, build dream home.
      8300 Ridgeway Rd, Oklahoma City, OK 73111
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    Similar Nearby for Lease

    • $14 SF/Yr
      96,000 SF

      Retail Space with High Traffic

      Retail property with high foot traffic, anchored by major tenants.
      1104 Northeast 36Th St, Oklahoma City, OK 73111
      View Details
    • Contact for pricing
      130,680 SF

      Adventure District Commercial Land

      Oklahoma City prime commercial site
      0 Oklahoma City Ok, Oklahoma City, OK 73111
      View Details

    Property Visit Statistics

    • Visits by month
      30.5k
    • Visitors by month
      25.2k
    • Avg Time on site
      15 min
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    5815 Martin Luther King Ave
    Oklahoma City, OK 73111-7050
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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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