New search
Property profile & analytics
OFF-MARKET
Estimated value
$6,535,000
Parking lots & garages
5901 Shartel Ave, Oklahoma City, OK 73118-5806
Entity Owned
16-yr Hold
Free & Clear
Property ID
US69-0037602
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
2012
Construction
CONCRETE
Total area
381,932 SF
Lot
2.46 ac (107,158 SF)
APN
08-559-2330
UPID
US69-0037602
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.54M
Owner & transaction history
Chesapeake Land Dev Co LLC · 16 yrs held
Chesapeake Land Dev Co LLC
since 2010
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$17 / 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
$88,972
Tax year 2023
Assessed value
$724,411
Assessed 2023
Previous assessed
$724,411
+0.0% YoY
Effective rate
12.28%
On assessed value
Assessed land
$70,733
Assessed improvement
$653,678
Land market value
$643,032
Improvement market value
$5,942,529
Total market value
$6,585,561
Applied tax rate
200.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Year built
2012
Construction
CONCRETE
Heating
NONE
Cooling
NONE
Stories
6
Units
1
Total area
381,932 SF
Lot
2.46 ac (107,158 SF)
APN
08-559-2330
UPID
US69-0037602
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
Building & site characteristics
From public records
Year built
2012
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
6
Units
1
Lot
2.46 ac
Current owner
From public records · entity-resolved
Chesapeake Land Dev Co LLC
Entity
Free & Clear · 16 yrs held
Mailing address
PO BOX 18496, OKLAHOMA CITY, OK 73154-0496
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 11, 2010
$1,572,500
Chesapeake Land Dev Co LLC
Vanhoose,gregory B
Warranty Deed
—
Jan 11, 2005
$910,000
Vanhoose Jim Trust
Chesapeake Land Co LLC
Warranty Deed
—
Jan 11, 2005
$622,000
Gregory B Vanhoose
Vanhoose Jim Trust
Warranty Deed
related
$500,000 · Vanhoose James B Trust (tr)
Dec 30, 2004
—
Chesapeake Land Co LLC
Chesapeake Energy Corp
Quit Claim Deed
related
—
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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