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Property profile & analytics
OFF-MARKET
Estimated value
$1,110,000
Commercial real estate
8016 Pennsylvania Ave Oklahoma City, OK 73159
Entity Owned
7-yr Hold
Free & Clear
Property ID
US69-0333352
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1997
Construction
BRICK
Total area
4,845 SF
Lot
0.73 ac (31,668 SF)
APN
10-981-1285
UPID
US69-0333352
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
$985k
Comparable Approach
Comparable
$1.08M
Blend (final)
Blend
$1.11M
Owner & transaction history
Jf & Jf Properties LLC · 7 yrs held
Jf & Jf Properties LLC
since 2019
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$755,000
+10.4%
Auto repair, garage
$720,000
+5.1%
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%
$1,065,000
6.5%
$985,000
7%
$915,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$685,000
Current use
MEDICAL BUILDING
$755,000
Change: +10% · Conversion: Easy
AUTO REPAIR, GARAGE
$720,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$1.11M
Range $999k – $1.22M · ±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
$229 / 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
$8,200
Tax year 2023
Assessed value
$69,300
Assessed 2023
Previous assessed
$69,300
+0.0% YoY
Effective rate
11.83%
On assessed value
Assessed land
$10,378
Assessed improvement
$58,922
Land market value
$94,350
Improvement market value
$535,650
Total market value
$630,000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1997
Construction
BRICK
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
4,845 SF
Lot
0.73 ac (31,668 SF)
APN
10-981-1285
UPID
US69-0333352
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
$685,000
MEDICAL BUILDING
Est. value
$755,000
AUTO REPAIR, GARAGE
Est. value
$720,000
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1997
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.73 ac
Current owner
From public records · entity-resolved
Jf & Jf Properties LLC
Entity
Free & Clear · 7 yrs held
Mailing address
2059 S PEEBLY RD, CHOCTAW, OK 73020-6335
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 17, 2019
—
Jf & Jf Properties LLC
Flinchbaugh,james & Jaimee
Quit Claim Deed
related
—
Feb 15, 2019
$165,000
James Flinchbaugh
Sjcn LLC
Warranty Deed
—
Apr 13, 2018
$157,500
James Flinchbaugh
Sjcn LLC
Warranty Deed
—
Jan 8, 2015
$630,000
Sjcn LLC
Schrag Properties LLC
Warranty Deed
$630,000 · Schrag Properties LLC
Dec 27, 2004
—
Schrag Properties LLC
Schrag,jon D & Jamie S
Quit Claim Deed
related
—
—
—
Schrag Properties LLC
—
Deed Of Trust
related
$176,086 · First American Bk Oklahoma Cit
—
—
Schrag Properites LLC
—
Deed Of Trust
related
$323,495 · First American 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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