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Property profile & analytics
OFF-MARKET
Estimated value
$5,950,000
Showrooms
7402 Expy Expressway Oklahoma City, OK 73132-1547
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US69-0389092
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
37,571 SF
Lot
4.62 ac (201,204 SF)
APN
12-565-1020
UPID
US69-0389092
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
$7.98M
Comparable Approach
Comparable
$5.63M
Blend (final)
Blend
$5.95M
Owner & transaction history
Lm Real Estate Co LLC · 6 yrs held
Lm Real Estate Co LLC
since 2019
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$5.9M
+33.9%
Auto repair, garage
$5.6M
+27.6%
Office building
$4.8M
+10.1%
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%
$8,640,000
6.5%
$7,975,000
7%
$7,405,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$4,380,000
Current use
MEDICAL BUILDING
$5,865,000
Change: +34% · Conversion: Easy
AUTO REPAIR, GARAGE
$5,585,000
Change: +28% · Conversion: Difficult
OFFICE BUILDING
$4,820,000
Change: +10% · Conversion: Easy
RETAIL STORES
$4,640,000
Change: +6% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$4,260,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$5.95M
Range $5.36M – $6.55M · ±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
$158 / 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
$69,434
Tax year 2023
Assessed value
$569,552
Assessed 2023
Previous assessed
$542,431
+5.0% YoY
Effective rate
12.19%
On assessed value
Assessed land
$126,215
Assessed improvement
$443,337
Land market value
$1,207,248
Improvement market value
$4,240,547
Total market value
$5,447,795
Applied tax rate
501.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
YES
Stories
1
Units
1
Total area
37,571 SF
Lot
4.62 ac (201,204 SF)
APN
12-565-1020
UPID
US69-0389092
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
$4.4M
MEDICAL BUILDING
Est. value
$5.9M
AUTO REPAIR, GARAGE
Est. value
$5.6M
OFFICE BUILDING
Est. value
$4.8M
RETAIL STORES
Est. value
$4.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.3M
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
Yes
Stories
1
Units
1
Lot
4.62 ac
Current owner
From public records · entity-resolved
Lm Real Estate Co LLC
Entity
Mailing address
PO BOX 22845, OKLAHOMA CITY, OK 73123-1845
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 6, 2019
—
Lm Real Estate Co LLC
—
Loan Modification
related
$5,668,138 · Bank Of America
Jan 31, 2018
—
Lm Real Estate Co LLC Trust
—
Loan Modification
related
$1,865,000 · Bank Of America
Nov 24, 2010
—
Lm Real Estate Co LLC
—
Grant Deed
related
$1,680,000 · J P Morgan Chase Bank
—
—
Lm Real Estate Co LLC
—
Deed Of Trust
related
$7,280,000 · Bank Of America
—
—
Lm Real Estate Co LLC
—
Deed Of Trust
related
$900,000 · J P Morgan Chase Bank
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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