Back to Search
Property profile & analytics
FOR LEASE
Turn key restaurants
6700 I 35 Service Rd Oklahoma City, OK 73149
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US69-0406528
For Lease
1 / 2
$6,500/Mo
6700 I 35 Service Rd, Oklahoma City, OK 73149
View Listing →
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,903 SF
Lot
0.68 ac (29,403 SF)
APN
13-216-4010
UPID
US69-0406528
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
$1.28M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.30M
Blend (final)
Blend
$1.33M
Owner & transaction history
366 86th Street LLC · 4 yrs held
366 86th Street LLC
since 2021
Last sale
$1.4M
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 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
$1,270,000
ML approach
$1,280,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.33M
Range $1.20M – $1.46M · ±10% · vs last sale $1.40M (Oct 6 2021)
Last sale anchor
$1.40M
Oct 6 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
$458 / 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
$12,233
Tax year 2023
Assessed value
$103,383
Assessed 2023
Previous assessed
$103,383
+0.0% YoY
Effective rate
11.83%
On assessed value
Assessed land
$22,641
Assessed improvement
$80,742
Land market value
$205,828
Improvement market value
$734,018
Total market value
$939,846
Applied tax rate
300.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
For Lease
Year built
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Total area
2,903 SF
Lot
0.68 ac (29,403 SF)
APN
13-216-4010
UPID
US69-0406528
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
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Lot
0.68 ac
Current owner
From public records · entity-resolved
366 86th Street LLC
Entity
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 6, 2021
$1,404,500
366 86th Street LLC
Musarra 204 LLC
Special Warranty Deed
—
Jun 15, 2020
—
Musarra 204 LLC
—
Deed
related
$805,000 · First Internet Bk/in
Mar 31, 2020
$1,181,500
Musarra 204 LLC
Switchgrass Properties II LLC
Grant Deed
$2,250,000 · Bank 7
Mar 16, 2020
$1,193,000
Switchgrass Properties-ii LLC
O & M Restaurant Group INC
Grant Deed
—
Mar 16, 2017
—
O & M Restaurant Group INC
—
Grant Deed
related
$9,260,000 · City Nat'l Bk
Mar 15, 2013
—
O & M Restaurant Group INC
—
Deed Of Trust
related
$1,838,315 · American National Bank & Trust
Jun 11, 2008
$265,001
O & M Restaurant Group INC
State Of Oklahoma
Quit Claim Deed
related
$578,500 · First Commercial Bank
Apr 8, 1999
$600,000
Heartland Ventures III LLC
Ameriquest Mortgage Corp
Grant Deed
—
—
—
O & M Restaurant Group INC
—
Deed Of Trust
related
$314,446 · American Nat'l Bk
—
—
Musarra 204 LLC
—
Deed Of Trust
related
$805,000 · First Internet Bk/in
—
—
O & M Restaurant Group INC
—
Deed Of Trust
related
$681,397 · American National Bank & Trust
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?”
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.
