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Property profile & analytics
OFF-MARKET
Estimated value
$4,580,000
Retail space
6904 Reno Ave Oklahoma City, OK 73127-6536
Entity Owned
20-yr Hold
Free & Clear
Property ID
US69-2417915
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
30,273 SF
Lot
3.63 ac (158,036 SF)
APN
20-707-1030
UPID
US69-2417915
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
-
ChargePoint Charging Station Electric Vehicle Charging Station
-
Joy V. Ferreira, DPT Physician
-
EagleRider Motorcycle Rentals and Tours Oklahoma City Car Rental Facility
-
Harley-Davidson World Motorcycle Shop (Bike/Boat/Book/etc) Store
-
LiveWire Oklahoma City Motorcycle Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.90M
Blend (final)
Blend
$4.58M
Owner & transaction history
Partners Land Dev II LLC · 20 yrs held
Partners Land Dev II LLC
since 2006
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$6.4M
+71.4%
Medical building
$4.7M
+26.5%
Auto repair, garage
$4.5M
+20.5%
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
RETAIL STORES
$3,735,000
Current use
COMMERCIAL (GENERAL)
$6,405,000
Change: +71% · Conversion: Easy
MEDICAL BUILDING
$4,725,000
Change: +26% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,500,000
Change: +20% · Conversion: Difficult
OFFICE BUILDING
$3,885,000
Change: +4% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$3,430,000
Change: -8% · Conversion: Moderate
WAREHOUSE, STORAGE
$3,090,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$4.58M
Range $4.12M – $5.04M · ±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
$151 / 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
$51,001
Tax year 2023
Assessed value
$437,065
Assessed 2023
Previous assessed
$416,253
+5.0% YoY
Effective rate
11.67%
On assessed value
Assessed land
$114,679
Assessed improvement
$322,386
Land market value
$1,125,074
Improvement market value
$3,162,812
Total market value
$4,287,886
Applied tax rate
541.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
30,273 SF
Lot
3.63 ac (158,036 SF)
APN
20-707-1030
UPID
US69-2417915
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
RETAIL STORES Current
Est. value
$3.7M
COMMERCIAL (GENERAL)
Est. value
$6.4M
MEDICAL BUILDING
Est. value
$4.7M
AUTO REPAIR, GARAGE
Est. value
$4.5M
OFFICE BUILDING
Est. value
$3.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.4M
WAREHOUSE, STORAGE
Est. value
$3.1M
RETAIL STORES Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
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
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
1
Lot
3.63 ac
Current owner
From public records · entity-resolved
Partners Land Dev II LLC
Entity
Free & Clear · 20 yrs held
Mailing address
11300 N RODNEY PARHAM RD STE #300, LITTLE ROCK, AR 72212-4105
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 31, 2017
—
Partners Land Dev II LLC
—
Deed
related
$4,173,288 · Simmons Bk
Jun 1, 2006
$1,125,000
Partners Land Dev II LLC
Westgate Marketplace Developer
Grant Deed
—
—
—
Partners Land Dev II LLC
—
Deed Of Trust
related
$6,250,000 · Bank Of America
—
—
Partners Land Dev II LLC
—
Deed Of Trust
related
$4,173,288 · Simmons Bk
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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