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    Property profile & analytics

    800 W. Hefner Road Oklahoma City, OK 73114

    • Auto shops
    • 5,040 SF
    • 0.39 lot acres
    For Sale
    View listing
    $560,000
    Last Sale
    Nov 17, 2021
    $575,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US69-0524186
    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

    • British Auto Service Land Rover Repair & Service / Auto Repair Shop

    Property Details for 800 W. Hefner Road

    Year built
    1997
    Construction
    BRICK
    Lot size
    0.39 lot acres
    Property size
    5,040 SF
    Property type
    Auto shops
    APN
    13-084-6870
    APU
    130846870

    Description

    This exceptional 5,040-square-foot auto repair shop, situated on a 0.39-acre lot in Oklahoma City, Oklahoma, presents a fantastic leasing opportunity. Located at 800 W. Hefner Road, zip code 73114, this single-tenant Class B building offers ample space for a thriving automotive business. The property boasts four convenient drive-in doors, ensuring efficient workflow and customer access. Twelve parking spaces are available for customer and employee use, enhancing convenience. The building also includes dedicated office space, providing a professional area for administrative tasks and client interaction. A prominent pylon sign offers excellent visibility and brand recognition for potential tenants. The property is situated in Oklahoma County and is available for lease commencing October 1, 2024. This single-story building is ideal for a variety of automotive businesses seeking a well-located and functional space. The property's size and features make it a prime location for growth and success. Don't miss this chance to secure a prime location for your automotive enterprise in a bustling Oklahoma City area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $520,000
      ML approach
      $565,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $393,000
      Market price range: $123k - $469k

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $750,000
      Current use
      COMMERCIAL (GENERAL)
      $845,000
      Change: +13% Conversion: Moderate
      MEDICAL BUILDING
      $785,000
      Change: +5% Conversion: Difficult
      OFFICE BUILDING
      $645,000
      Change: -14% Conversion: Difficult
      RETAIL STORES
      $620,000
      Change: -17% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Oklahoma City
    County
    Oklahoma
    State
    Oklahoma
    Longitude
    -97.5274
    Latitude
    35.5799
    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
    $7,769
    $7,403
    $55,854
    $63,257
    -
    $67,308
    $507,756
    $575,064

    Comparable in this City

    • Value Estimation
      $320,000
      4,928 SF

      1114 89th St

      AUTO REPAIR, GARAGE • 4,928 SF
      1114 89th St, Oklahoma City, OK 73114-1718
      View Details
    • Value Estimation
      $220,000
      1,200 SF

      500 Britton Rd

      AUTO REPAIR, GARAGE • 1,200 SF
      500 Britton Rd, Oklahoma City, OK 73114-2913
      View Details
    • Value Estimation
      $610,000
      7,200 SF

      601 Hefner Rd

      AUTO REPAIR, GARAGE • 7,200 SF
      601 Hefner Rd, Oklahoma City, OK 73114-6834
      View Details
    • Value Estimation
      $280,000
      2,380 SF

      112 122nd St

      AUTO REPAIR, GARAGE • 2,380 SF
      112 122nd St, Oklahoma City, OK 73114-7203
      View Details
    • Value Estimation
      $875,000
      30,750 SF

      13300 Broadway Ext

      AUTO REPAIR, GARAGE • 30,750 SF
      13300 Broadway Ext, Oklahoma City, OK 73114-2249
      View Details
    • Value Estimation
      $350,000
      6,000 SF

      509 Memorial Rd

      AUTO REPAIR, GARAGE • 6,000 SF
      509 Memorial Rd, Oklahoma City, OK 73114-2216
      View Details

    Similar Nearby for Sale

    • $560,000
      5,040 SF

      Hefner Road Auto Repair Shop

      Oklahoma City investment opportunity: 5,040 SF auto repair shop.
      800 W. Hefner Road, Oklahoma City, OK 73114
      View Details
    • $1,200,000

      Multi-Parcel Commercial Opportunity

      Investment property package in Britton Corridor, Oklahoma City.
      1100 W Britton Rd, Oklahoma City, OK 73114
      View Details
    • Contact for pricing
      12,652 SF

      Oklahoma City Retail Investment Opportunity

      Two buildings, 12,652 SF, sale or lease.
      9218 & 9224 N. Western Avenue, Oklahoma City, OK 73114
      View Details
    • $495,000
      1,500 SF

      708 W Britton Rd

      Individual retail properties • 1,500 SF
      708 Britton Rd, Oklahoma City, OK 73114
      View Details
    • $2,595,000
      5,442 SF

      Restaurant Property in High-Traffic Area

      Restaurant property for sale in a vibrant retail corridor.
      2610 W Memorial Rd, Oklahoma City, OK 73114
      View Details
    • $399,000
      1,676 SF

      Updated Office Space For Sale

      Updated office space with high visibility and traffic.
      1225 W Britton Rd, Oklahoma City, OK 73114
      View Details

    Similar Nearby for Lease

    • $8 SF/Yr
      5,040 SF

      Hefner Road Auto Repair Shop

      Oklahoma City investment opportunity: auto repair shop for sale or lease.
      800 W. Hefner Road, Oklahoma City, OK 73114
      View Details
    • $10 SF/Yr
      12,652 SF

      Oklahoma City Retail Property Investment

      Two buildings, 12,652 SF, sale or lease.
      9218 & 9224 N. Western Avenue, Oklahoma City, OK 73114
      View Details
    • Contact for pricing
      2,837 SF

      Retail Space in Shopping Center

      Outdoor shopping center with diverse retailers and ample parking.
      2300 W Memorial Rd, Oklahoma City, OK 73114
      View Details
    • $3,000 /Mo
      1,350 SF

      Retail Space in NW OKC

      1,350 Sq.Ft. retail space available in NW OKC.
      2-6 W Memorial Rd, Oklahoma City, OK 73114
      View Details
    • $28 SF/Yr

      Commercial Space in Oklahoma City

      Ground lease or build to suit opportunity in Oklahoma City.
      109 E Memorial Rd, Oklahoma City, OK 73114
      View Details
    • Contact for pricing
      2,500 SF

      Retail Space in Shopping Center

      Outdoor shopping center with diverse retailers and ample parking.
      2394 W Memorial Rd, Oklahoma City, OK 73114
      View Details
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    Oklahoma City, OK 73114
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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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