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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    745 68th St Oklahoma City, OK 73116

    • Warehouses
    • 5,565 SF
    • 0.32 lot acres
    OFF-MARKET
    Value Estimations
    $265,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US69-0504718
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Warehouses

    Property Details for 745 68th St

    Year built
    1971
    Construction
    CONCRETE BLOCKS
    Lot size
    0.32 lot acres
    Property size
    5,565 SF
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    07-377-1610
    APU
    73771610

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $300,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $232,000
      Market price range: $233k - $554k

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $385,000
      Current use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Oklahoma City
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.5235
    Latitude
    35.5416
    CBSA code
    36420
    CBSA name
    OKLAHOMA CITY, OK METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,355
    $2,286
    $8,744
    $11,030
    -
    $25,806
    $98,694
    $124,500

    Comparable in this City

    • Value Estimation
      $590,000
      28,400 SF

      20 Wilshire Blvd

      MINI-WAREHOUSE, STORAGE • 28,400 SF
      20 Wilshire Blvd, Oklahoma City, OK 73116-9021
      View Details
    • Value Estimation
      $780,000
      59,250 SF

      2900 Grand Blvd

      MINI-WAREHOUSE, STORAGE • 59,250 SF
      2900 Grand Blvd, Oklahoma City, OK 73116-3110
      View Details
    • Value Estimation
      $690,000
      37,004 SF

      7800 Broadway Ext

      MINI-WAREHOUSE, STORAGE • 37,004 SF
      7800 Broadway Ext, Oklahoma City, OK 73116-9036
      View Details
    • Value Estimation
      $710,000
      66,778 SF

      715 64th St

      MINI-WAREHOUSE, STORAGE • 66,778 SF
      715 64th St, Oklahoma City, OK 73116-7609
      View Details
    • Value Estimation
      $370,000
      10,080 SF

      6415 Olie Ave

      WAREHOUSE, STORAGE • 10,080 SF
      6415 Olie Ave, Oklahoma City, OK 73116-7313
      View Details
    • Value Estimation by Request
      2,236 SF

      7701 Classen Blvd

      WAREHOUSE, STORAGE • 2,236 SF
      7701 Classen Blvd, Oklahoma City, OK 73116-7011
      View Details

    Similar Nearby for Sale

    • $2,000,000
      16,010 SF

      Oklahoma City Industrial Property

      Office/Warehouse, 16,010 SF, $2M
      7608 Hudson Ave, Oklahoma City, OK 73116
      View Details
    • $1,450,000
      14,976 SF

      Edgewater Office Park: Two Buildings

      Oklahoma City Executive Office Complex
      3801 63Rd St, Oklahoma City, OK 73116
      View Details
    • Contact for pricing
      3,000 SF

      Oklahoma City Office Build-to-Suit

      Luxury Office Space, Custom Design
      801 72Nd St, Oklahoma City, OK 73116
      View Details
    • $3,250,000

      Developable Land in Nichols Hills

      1.3 acre of developable land in Nichols Hills.
      6401 N Pennsylvania Ave, Nichols Hills, OK 73116
      View Details
    • Contact for pricing

      Oklahoma City Land For Sale

      Land available for sale in Oklahoma City, Oklahoma.
      2220 NE 63Rd St, Oklahoma City, OK 73116
      View Details
    • $3,250,000
      58,232 SF

      Prime Development Land in Nichols Hills

      1.3 acres of developable land suitable for office or multi-family.
      6401 N Pennsylvania Ave, Oklahoma City, OK 73116
      View Details

    Similar Nearby for Lease

    • $2,600 /Mo
      3,600 SF

      Industrial Flex Space For Rent

      Remodeled industrial flex space with office, bathroom, and warehouse.
      313-319 NW 67Th St, Oklahoma City, OK 73116
      View Details
    • $6,000,000
      83,944 SF

      Oklahoma City Warehouse For Lease

      Climate-controlled warehouse with ample parking and versatile loading options.
      7000 N Robinson Ave, Oklahoma City, OK 73116
      View Details
    • $8 SF/Yr
      23,351 SF

      Industrial Space Available For Lease

      23,351 square foot industrial space for lease.
      7201 Broadway Ext, Oklahoma City, OK 73116
      View Details
    • $8 SF/Yr
      6,280 SF

      May Ave Warehouse/Showroom

      Oklahoma City Flex Space, 6,280 SF
      6601 May Ave, Oklahoma City, OK 73116
      View Details
    • Contact for pricing
      144,500 SF

      Oklahoma City Warehouse Space

      144,500 square foot warehouse space in Oklahoma City.
      616 W Wilshire Blvd, Oklahoma City, OK 73116
      View Details
    • $12 SF/Yr
      4,000 SF

      Broadway Extension Showroom & Warehouse

      Showroom and warehouse space with high visibility on Broadway Extension.
      6910 Broadway Ext, Oklahoma City, OK 73116
      View Details
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    745 68th St
    Oklahoma City, OK 73116
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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