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Property profile & analytics
OFF-MARKET
Estimated value
$2,825,000
Commercial real estate
6410 Avondale Dr Nichols Hills, OK 73116-6404
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US69-0744259
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1975
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
26,498 SF
Lot
1.28 ac (55,583 SF)
APN
16-957-0260
UPID
US69-0744259
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
$2.84M
Blend (final)
Blend
$2.83M
Owner & transaction history
Grand Blvd & Western LLC · 5 yrs held
Grand Blvd & Western LLC
since 2020
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$4.1M
+4.7%
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 Nichols Hills submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Nichols Hills 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
COMMERCIAL (GENERAL)
$3,950,000
Current use
MEDICAL BUILDING
$4,135,000
Change: +5% · Conversion: Easy
AUTO REPAIR, GARAGE
$3,940,000
Change: 0% · Conversion: Difficult
OFFICE BUILDING
$3,400,000
Change: -14% · Conversion: Easy
RETAIL STORES
$3,270,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$2.83M
Range $2.54M – $3.11M · ±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
$107 / 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
$26,167
Tax year 2023
Assessed value
$187,292
Assessed 2023
Previous assessed
$187,292
+0.0% YoY
Effective rate
13.97%
On assessed value
Assessed land
$36,685
Assessed improvement
$150,607
Land market value
$333,500
Improvement market value
$1,369,156
Total market value
$1,702,656
Applied tax rate
500.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1975
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
AC.PACKAGE
Buildings
2
Stories
4
Total area
26,498 SF
Lot
1.28 ac (55,583 SF)
APN
16-957-0260
UPID
US69-0744259
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) Current
Est. value
$4.0M
MEDICAL BUILDING
Est. value
$4.1M
AUTO REPAIR, GARAGE
Est. value
$3.9M
OFFICE BUILDING
Est. value
$3.4M
RETAIL STORES
Est. value
$3.3M
COMMERCIAL (GENERAL) Current
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
1975
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
Yes
Stories
4
Buildings
2
Lot
1.28 ac
Current owner
From public records · entity-resolved
Grand Blvd & Western LLC
Entity
Mailing address
PO BOX 54390, OKLAHOMA CITY, OK 73154-1390
Ownership since
2020
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
Sep 30, 2020
—
Grand Blvd & Western LLC
—
Deed
related
$16,080,000 · Bancfirst
Jun 20, 2016
—
Nb Properties LLC
—
Deed
related
$15,900,000 · Bancfirst
Oct 1, 2008
—
Nb Properties LLC
—
Deed Of Trust
related
$15,000,000 · Bancfirst
May 20, 1999
—
Nb Properties LLC
—
Deed Of Trust
related
$3,100,000 · Life Insurance Co Georgia
—
—
Nb Properties LLC
—
Deed Of Trust
related
$3,100,000 · Life Insurance Co Georgia
—
—
Nb Properties LLC
—
Loan Modification
related
$15,900,000 · Bancfirst
—
—
Grand Blvd & Western LLC
—
Deed Of Trust
related
$16,080,000 · Bancfirst
—
—
Amejak LP
—
Deed Of Trust
related
$900,000 · Bancfirst
—
—
Jeffrey M Oakley
—
Deed Of Trust
related
$587,954 · Bank Of Nichols Hills
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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