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Property profile & analytics
OFF-MARKET
Estimated value
$710,000
Strip malls
8278 39th Expy Bethany, OK 73008-3009
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US69-0018466
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1997
Construction
STEEL FRAME
Total area
10,000 SF
Lot
1.72 ac (74,923 SF)
APN
20-201-1000
UPID
US69-0018466
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
-
Curry Indian Grill Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$695k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$468k
Blend (final)
Blend
$710k
Owner & transaction history
Reno Properties INC · 10 yrs held
Reno Properties INC
since 2016
Last sale
$700,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Bethany submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bethany 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
$755,000
ML approach
$695,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,175,000
Current use
COMMERCIAL (GENERAL)
$960,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$710k
Range $639k – $781k · ±10% · vs last sale $700k (Jan 2 2020)
Last sale anchor
$700k
Jan 2 2020
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
$71 / 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
$13,186
Tax year 2023
Assessed value
$107,155
Assessed 2023
Previous assessed
$102,053
+5.0% YoY
Effective rate
12.31%
On assessed value
Assessed land
$34,071
Assessed improvement
$73,084
Land market value
$318,359
Improvement market value
$682,885
Total market value
$1,001,244
Applied tax rate
581.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1997
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Units
5
Total area
10,000 SF
Lot
1.72 ac (74,923 SF)
APN
20-201-1000
UPID
US69-0018466
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$960,000
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
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
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
5
Lot
1.72 ac
Current owner
From public records · entity-resolved
Reno Properties INC
Entity
Mailing address
8278 NW 39TH EXPY, BETHANY, OK 73008-3009
Ownership since
2016
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
Jan 2, 2020
—
Reno Properties INC
—
Deed Of Trust
related
$100,000 · Bancfirst
May 22, 2017
—
Reno Properties INC
—
Trustees Deed
related
$320,171 · First Bk
Jun 10, 2016
$882,500
Reno Properties INC
Westwood Investments INC
Warranty Deed
related
$1,614,776 · Bancfirst
Jun 20, 2014
$700,000
Westwood Investments INC
Vuong,cynthia H & Chinh Q
Warranty Deed
$566,007 · First Nat'l Bk & Tr Ardmore
Mar 6, 2007
$900,000
Cynthia H Vuong
Ho,hung V
Warranty Deed
$253,586 · Midfirst Bank State Savings Bk
—
—
Reno Properties INC
—
Loan Modification
related
—
—
—
Westwood Investments INC
—
Deed Of Trust
related
$38,039 · First Nat'l Bk&tr/ardmore
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.
Try Rey
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