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Property profile & analytics
OFF-MARKET
Estimated value
$655,000
Retail space
610 23rd St Oklahoma City, OK 73103-1416
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US69-0234588
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,150 SF
Lot
0.32 ac (13,983 SF)
APN
04-500-0144
UPID
US69-0234588
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
-
The Copley Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$620k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$614k
Blend (final)
Blend
$655k
Owner & transaction history
Wdco 610 LLC · 5 yrs held
Wdco 610 LLC
since 2021
Last sale
$700,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$600,000
+53.8%
Medical building
$490,000
+26.5%
Auto repair, garage
$470,000
+20.5%
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
$635,000
ML approach
$620,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$600,000
Change: +54% · Conversion: Easy
MEDICAL BUILDING
$490,000
Change: +26% · Conversion: Difficult
AUTO REPAIR, GARAGE
$470,000
Change: +20% · Conversion: Difficult
OFFICE BUILDING
$405,000
Change: +4% · Conversion: Easy
Blend value · Realmo final
$655k
Range $590k – $721k · ±10% · vs last sale $700k (Apr 5 2021)
Last sale anchor
$700k
Apr 5 2021
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
$208 / 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
$9,931
Tax year 2023
Assessed value
$80,859
Assessed 2023
Previous assessed
$77,009
+5.0% YoY
Effective rate
12.28%
On assessed value
Assessed land
$12,012
Assessed improvement
$68,847
Land market value
$112,000
Improvement market value
$641,950
Total market value
$753,950
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
3,150 SF
Lot
0.32 ac (13,983 SF)
APN
04-500-0144
UPID
US69-0234588
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
COMMERCIAL (GENERAL)
Est. value
$600,000
MEDICAL BUILDING
Est. value
$490,000
AUTO REPAIR, GARAGE
Est. value
$470,000
OFFICE BUILDING
Est. value
$405,000
COMMERCIAL (GENERAL)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.32 ac
Current owner
From public records · entity-resolved
Wdco 610 LLC
Entity
Mailing address
1 NE 7TH ST, OKLAHOMA CITY, OK 73104-1805
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 5, 2021
$700,000
Wdco 610 LLC
Urban Capital 610 Nw 23 Series 1 Ll
Warranty Deed
$600,000 · Bancfirst
Aug 31, 2018
—
Urban Capital 610 Nw 23 LLC
—
Deed
related
$500,000 · First St Bk
Oct 30, 2017
—
Urban Capital 610 Nw 23 LLC
—
Deed
related
$500,000 · The First State Bank
Sep 15, 2017
—
Urban Capital LLC
—
Deed
related
$500,000 · First State Bank
Nov 23, 2016
$430,000
Urban Capital 610 Nw 23 1 LLC
Haute Stuff LLC
Warranty Deed
—
Nov 9, 2015
$375,000
Haute Stuff LLC
Wilbanks,joe F & Vickie L
Warranty Deed
$262,500 · First St Bk
—
—
Joe F Wilbanks
—
Deed Of Trust
related
$75,306 · Bancfirst
—
—
Joe F Wilbanks
—
Deed Of Trust
related
$30,152 · Bancfirst
—
—
Urban Capital 610 Nw 23 LLC
—
Loan Modification
related
$500,000 · First St Bk
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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