New search
Property profile & analytics
OFF-MARKET
Strip malls
6312 Reno Ave, Midwest City, OK 73110-2159
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US69-0222562
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1982
Construction
STEEL FRAME
Total area
7,280 SF
Lot
0.59 ac (25,483 SF)
APN
15-065-2300
UPID
US69-0222562
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
by Request
Owner & transaction history
La Investment Development LLC · 1 yrs held
La Investment Development LLC
since 2024
Last sale
$500,000
7 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 Midwest City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Midwest 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
—
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
$6,138
Tax year 2023
Assessed value
$52,147
Assessed 2023
Previous assessed
$49,664
+5.0% YoY
Effective rate
11.77%
On assessed value
Assessed land
$9,314
Assessed improvement
$42,833
Land market value
$89,131
Improvement market value
$409,890
Total market value
$499,021
Applied tax rate
552.0000
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
1982
Construction
STEEL FRAME
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
4
Total area
7,280 SF
Lot
0.59 ac (25,483 SF)
APN
15-065-2300
UPID
US69-0222562
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
1982
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
4
Lot
0.59 ac
Current owner
From public records · entity-resolved
La Investment Development LLC
Entity
Mailing address
400 S VERMONT AVE STE 132-A, OKLAHOMA CITY, OK 73108-1042
Ownership since
2024
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
Jul 31, 2024
$500,000
La Investment Development LLC
Optix Opthalmic INC
Warranty Deed
—
Oct 26, 2017
—
Optx Opthalmic INC
—
Deed
related
$574,966 · Midfirst Bank
Apr 8, 2011
$390,000
Optix Opthalmic INC
F & R-6312 LLC
Warranty Deed
$237,977 · Great Plains National Bank
Mar 22, 2010
$53,500
Apple Real Estate Invs LLC
Sooner The Better LLC
Grant Deed
—
May 19, 2005
—
Sooner The Better LLC
St James Capital Corp
Grant Deed
related
—
—
—
Optix Opthalmic INC
—
Deed Of Trust
$190,382 · Great Plains National Bank
—
—
Optix Opthalmic INC
—
Deed Of Trust
related
$95,739 · Great Plains Nat'l Bk
—
—
Optix Opthalmic INC
—
Deed Of Trust
related
$233,220 · Great Plains Nat'l Bk
—
—
Optix Opthalmic INC
—
Deed Of Trust
related
$201,000 · Rural Enterprises
—
—
F & R-6312 LLC
—
Deed Of Trust
related
$200,000 · Southwest National Bank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 6312 Reno Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
