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Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Flex space
701 29th St Oklahoma City, OK 73129-4827
Entity Owned
3-yr Hold
Free & Clear
Property ID
US69-0322120
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1933
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,280 SF
Lot
1.46 ac (63,815 SF)
APN
09-567-7880
UPID
US69-0322120
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
-
Ramsey's commercial property Property Management Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$520k
CAP Approach
CAP
$495k
Comparable Approach
Comparable
$463k
Blend (final)
Blend
$515k
Owner & transaction history
E A Pando Investments LLC · 3 yrs held
E A Pando Investments LLC
since 2022
Last sale
$610,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$825,000
+140.3%
Auto repair, garage
$785,000
+128.9%
Commercial (general)
$735,000
+114.4%
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
$530,000
ML approach
$520,000
CAP Approach
CAP Return
Estimation
6%
$535,000
6.5%
$495,000
7%
$460,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$345,000
Current use
MEDICAL BUILDING
$825,000
Change: +140% · Conversion: Difficult
AUTO REPAIR, GARAGE
$785,000
Change: +129% · Conversion: Easy
COMMERCIAL (GENERAL)
$735,000
Change: +114% · Conversion: Difficult
OFFICE BUILDING
$675,000
Change: +98% · Conversion: Difficult
RETAIL STORES
$650,000
Change: +90% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$600,000
Change: +74% · Conversion: Difficult
Blend value · Realmo final
$515k
Range $464k – $567k · ±10% · vs last sale $610k (Dec 19 2025)
Last sale anchor
$610k
Dec 19 2025
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
$98 / 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
$7,147
Tax year 2023
Assessed value
$60,403
Assessed 2023
Previous assessed
$9,170
+558.7% YoY
Effective rate
11.83%
On assessed value
Assessed land
$9,257
Assessed improvement
$51,146
Land market value
$84,156
Improvement market value
$464,964
Total market value
$549,120
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1933
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Stories
1
Total area
5,280 SF
Lot
1.46 ac (63,815 SF)
APN
09-567-7880
UPID
US69-0322120
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
$345,000
MEDICAL BUILDING
Est. value
$825,000
AUTO REPAIR, GARAGE
Est. value
$785,000
COMMERCIAL (GENERAL)
Est. value
$735,000
OFFICE BUILDING
Est. value
$675,000
RETAIL STORES
Est. value
$650,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$600,000
INDUSTRIAL (GENERAL) Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
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
1933
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.46 ac
Current owner
From public records · entity-resolved
E A Pando Investments LLC
Entity
Free & Clear · 3 yrs held
Mailing address
701 SE 29TH ST, OKLAHOMA CITY, OK 73129-4827
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 7, 2022
$543,000
E A Pando Investments LLC
Luis R Jacquez
Warranty Deed
—
Nov 7, 2019
—
Luis R Jacquez
Imperio Ventures LLC
Quit Claim Deed
related
$136,421 · First St Bk
Oct 2, 2019
$20,000
Luis R Jacquez
Imperio Ventures LLC
Quit Claim Deed
related
—
May 31, 2013
—
Imperio Ventures LLC
Arroyo,emilio JR & Veronica
Quit Claim Deed
related
—
Apr 13, 2011
$10,500
Emilio Arroyo JR.
Bdt LLC
Quit Claim Deed
related
—
Oct 18, 2005
—
Bdt LLC
Central Auto Mart INC
Warranty Deed
$110,000 · Wts Ltd II LLC
Nov 9, 2004
$50,000
Central Auto Mart INC
Darnell,doris I
Grant Deed
—
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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