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Property profile & analytics
OFF-MARKET
Estimated value
$680,000
Strip malls
702 Ayre St Shawnee, OK 74801-4707
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US69-0022439
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1978
Total area
3,930 SF
Lot
4.06 ac (176,854 SF)
APN
2445-00-001-007-0-000-00
UPID
US69-0022439
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
-
Dollar General Discount Store
-
Redbox Cinema (Bike/Boat/Book/etc) Store
-
Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$505k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$851k
Blend (final)
Blend
$680k
Owner & transaction history
Mid-south Real Estate LLC · 10 yrs held
Mid-south Real Estate LLC
since 2015
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$950,000
+12.6%
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 Shawnee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Shawnee 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
$505,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$845,000
Current use
OFFICE BUILDING
$950,000
Change: +13% · Conversion: Moderate
Blend value · Realmo final
$680k
Range $612k – $748k · ±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
$173 / 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
$19,387
Tax year 2023
Assessed value
$185,575
Assessed 2023
Previous assessed
$185,575
+0.0% YoY
Effective rate
10.45%
On assessed value
Assessed land
$63,000
Assessed improvement
$122,575
Land market value
$525,000
Improvement market value
$1,021,456
Total market value
$1,546,456
Applied tax rate
218.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1978
Heating
YES
Cooling
YES
Stories
1
Bathrooms
2
Total area
3,930 SF
Lot
4.06 ac (176,854 SF)
APN
2445-00-001-007-0-000-00
UPID
US69-0022439
Jurisdiction
POTTAWATOMIE
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$845,000
OFFICE BUILDING
Est. value
$950,000
NEIGHBORHOOD: SHOPPING CENTER Current
OFFICE BUILDING
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
1978
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
2
Lot
4.06 ac
Current owner
From public records · entity-resolved
Mid-south Real Estate LLC
Entity
Mailing address
1800 S BALTIMORE AVE STE #820, TULSA, OK 74119-5255
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
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
Feb 26, 2018
—
Rabb Investment Holdings LP
—
Deed
related
$2,500,000 · Rcb Bk
Jul 12, 2017
—
Rabb Investment Holdings LP
—
Trustees Deed
related
$2,500,000 · Rcb Bk
Apr 6, 2017
—
Rabb Investment Holdings LP
—
Deed
related
$833,419 · Rcb Bk
Dec 18, 2015
$1,375,000
Mid-south Real Estate LLC
Atwood Distributing LP
Warranty Deed
$1,000,000 · Interbank
Dec 18, 2015
—
Mid-south Real Estate LLC
Atwood Distributing LP
Quit Claim Deed
related
$1,000,000 · Interbank
Sep 16, 2015
$2,230,000
Atwood Distributing LP
Bhcp Shawnee Plaza LLC
Warranty Deed
—
Sep 17, 2004
$2,750,000
Bhcp Shawnee Plaza LLC
Shawnee Plaza Shopping Center
Grant Deed
related
$2,062,500 · Ica Mortgage Capital LLC
—
—
Rabb Investment Holdings LP
—
Deed Of Trust
related
$833,419 · Rcb Bk
—
—
Rabb Investment Holdings LP
—
Loan Modification
related
$2,500,000 · Rcb 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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