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Property profile & analytics
OFF-MARKET
Estimated value
$2,500,000
Strip malls
6200 Memorial Rd, Oklahoma City, OK 73142-2051
Entity Owned
15-yr Hold
Absentee Owner
Free & Clear
Property ID
US69-1032530
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2016
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
15,639 SF
Lot
1.62 ac (70,567 SF)
APN
14-947-1073
UPID
US69-1032530
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
-
Core Fresh Restaurant
-
Dental Loft Dental Office
-
Clif Fitness Gym & Fitness Center
-
Sweetie Nails & Spa Nail Salon
-
Reuben Seth Thomas Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.81M
Blend (final)
Blend
$2.50M
Owner & transaction history
Westland Partners LLC · 15 yrs held
Westland Partners LLC
since 2010
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$3.2M
+82.6%
Medical building
$2.4M
+37.7%
Auto repair, garage
$2.3M
+31.2%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,775,000
Current use
COMMERCIAL (GENERAL)
$3,235,000
Change: +83% · Conversion: Easy
MEDICAL BUILDING
$2,440,000
Change: +38% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,325,000
Change: +31% · Conversion: Difficult
OFFICE BUILDING
$2,005,000
Change: +13% · Conversion: Moderate
RETAIL STORES
$1,930,000
Change: +9% · Conversion: Easy
Blend value · Realmo final
$2.50M
Range $2.25M – $2.75M · ±10%
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
$160 / 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
$41,428
Tax year 2023
Assessed value
$314,925
Assessed 2023
Previous assessed
$303,975
+3.6% YoY
Effective rate
13.15%
On assessed value
Assessed land
$95,244
Assessed improvement
$219,681
Land market value
$865,857
Improvement market value
$1,997,106
Total market value
$2,862,963
Applied tax rate
206.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2016
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
10
Total area
15,639 SF
Lot
1.62 ac (70,567 SF)
APN
14-947-1073
UPID
US69-1032530
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
$1.8M
COMMERCIAL (GENERAL)
Est. value
$3.2M
MEDICAL BUILDING
Est. value
$2.4M
AUTO REPAIR, GARAGE
Est. value
$2.3M
OFFICE BUILDING
Est. value
$2.0M
RETAIL STORES
Est. value
$1.9M
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
2016
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
10
Lot
1.62 ac
Current owner
From public records · entity-resolved
Westland Partners LLC
Entity
Free & Clear · 15 yrs held
Mailing address
7415 W 130TH ST STE #100, OVERLAND PARK, KS 66213-2658
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 27, 2019
—
Tmt Memorial LLC
—
Deed
related
$3,276,165 · First National Bank Of Oklahoma
Jul 14, 2017
—
Tmt Memorial LLC
—
Deed
related
$3,400,000 · Kirkpatrick Bk
Nov 28, 2016
—
Tmt Memorial LLC
—
Deed
related
$2,856,000 · Kirkpatrick Bk
Aug 27, 2015
—
Tmt Memorial LLC
—
Deed Of Trust
related
$2,155,268 · Crossfirst Bk
Sep 9, 2010
—
Westland Partners LLC
Westlake Dev LLC
Quit Claim Deed
related
—
May 21, 2010
—
Westlake Dev LLC
—
Trustees Deed
related
$2,240,830 · Oklahoma Fidelity Bank
May 11, 2009
—
Westlake Dev LLC
—
Trustees Deed
related
$2,692,335 · Oklahoma Fidelity Bank
—
—
Tmt Memorial LLC
—
Loan Modification
related
$2,856,000 · Kirkpatrick Bk
—
—
Tmt Memorial LLC
—
Loan Modification
related
$3,400,000 · Kirkpatrick Bk
—
—
Westlake Dev LLC
—
Deed Of Trust
related
$3,000,000 · Fidelity Bank NA
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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