Property profile

5820 41st St Warr Acres, OK 73122

OFF-MARKET
Specialty properties
Property ID
US69-0671228
9,151 SF 1.48 ac lot Built 1983
Individually Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

Exceptional investment opportunity: a 9,151 square foot childcare center in Warr Acres, Oklahoma, boasting a 6.75% cap rate. This property features a 15-year absolute NNN lease with a corporate guarantee from Childcare Network, a leading provider with over 260 locations. The lease commenced November 16, 2024, and expires November 30, 2039, offering significant long-term stability. Rent increases are built-in with a 6% bump every five years. The property, located at 5820 Northwest 41st Street, zip code 73122, sits on a 1.48-acre lot and underwent a complete renovation in 2024. The building, originally constructed in 1983, enjoys 100% occupancy. The Net Operating Income (NOI) is $239,785, with a price per square foot of $388.19 and an asking price of $3,552,370. The lease includes three five-year renewal options, further securing the investment. Benefiting from its location near major retail hubs including Sam's Club, Target, and more, and within a densely populated area with over 200,000 residents within a five-mile radius and eight elementary schools within two miles, this property presents a compelling investment prospect. The property's proximity to Will Rogers World Airport (WRWA) adds to its strategic value.

Property profile

Verified
Property type Specialty properties
Use group CREMATORIUM, MORTUARY
Year built 1983
Construction BRICK
Total area 9,151 SF
Lot 1.48 ac (64,643 SF)
APN 18-860-3200
UPID US69-0671228

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Daycare Center

Location

5820 41st St Warr Acres, OK 73122-3104
Warr Acres metro Census 106804 OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$725k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$785k

Owner & transaction history

since 2023
Last sale
$719,000
4 recorded transactions
2023
$719,000
2022
$520,000
2005
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $1.1M +265.9%
Restaurant $965,000 +227.6%
Medical building $750,000 +155.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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