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Property profile & analytics
OFF-MARKET
Estimated value
$820,000
Flex space
6355 Boucher Dr Edmond, OK 73034-9258
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US69-0018063
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
2011
Construction
STEEL FRAME
Total area
7,440 SF
Lot
1.33 ac (57,978 SF)
APN
20-131-1020
UPID
US69-0018063
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
-
CD Designs autobody Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$875k
CAP Approach
CAP
$710k
Comparable Approach
Comparable
$1.09M
Blend (final)
Blend
$820k
Owner & transaction history
Rjs4 Industrial LLC · 3 yrs held
Rjs4 Industrial LLC
since 2022
Last sale
$840,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.4M
+93.9%
Auto repair, garage
$1.2M
+68.0%
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 Edmond submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Edmond 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
$935,000
ML approach
$875,000
CAP Approach
CAP Return
Estimation
6%
$770,000
6.5%
$710,000
7%
$660,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$700,000
Current use
COMMERCIAL (GENERAL)
$1,355,000
Change: +94% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,175,000
Change: +68% · Conversion: Easy
Blend value · Realmo final
$820k
Range $738k – $902k · ±10% · vs last sale $840k (Oct 25 2022)
Last sale anchor
$840k
Oct 25 2022
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
$110 / 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
$9,640
Tax year 2023
Assessed value
$92,479
Assessed 2023
Previous assessed
$49,080
+88.4% YoY
Effective rate
10.42%
On assessed value
Assessed land
$15,948
Assessed improvement
$76,531
Land market value
$144,988
Improvement market value
$695,732
Total market value
$840,720
Applied tax rate
12.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
2011
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Total area
7,440 SF
Lot
1.33 ac (57,978 SF)
APN
20-131-1020
UPID
US69-0018063
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
INDUSTRIAL (GENERAL) Current
Est. value
$700,000
COMMERCIAL (GENERAL)
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.2M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
2011
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Lot
1.33 ac
Current owner
From public records · entity-resolved
Rjs4 Industrial LLC
Entity
Mailing address
3408 FRENCH PARK DR, EDMOND, OK 73034-7200
Ownership since
2022
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
Feb 29, 2024
—
Rjs4 Industrial LLC
—
Deed
related
$250,000 · Nbc Oklahoma
Oct 25, 2022
$840,000
Rjs4 Industrial LLC
Charles E Degand
Special Warranty Deed
$682,183 · Nbc Oklahoma
Jun 8, 2020
—
Charles E Degand
—
Deed
related
$133,990 · First United Bk
Dec 4, 2015
—
Charles E Degand
—
Trustees Deed
related
$89,500 · First United Bk
Jan 20, 2011
$83,000
Charles E Degand
Cedar Hill Properties LLC
Warranty Deed
—
Apr 28, 2006
$62,500
Cedar Hill Properties LLC
Kirby,larry & Elaine
Warranty Deed
—
Jun 12, 2000
$45,000
Splicer Supply Oklahoma INC
Parkhurst,gerald & Paula
Grant Deed
$40,000 · Seller
—
—
Cedar Hill Properties LLC
—
Deed Of Trust
related
$234,585 · Prime Bank
—
—
Charles E Degand
—
Deed Of Trust
related
$133,990 · First United Bk
—
—
Charles E Degand
—
Deed Of Trust
related
$50,000 · First American 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.
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