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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Flex space
8520 2nd St Oklahoma City, OK 73128-3601
Entity Owned
2-yr Hold
Free & Clear
Property ID
US69-0306517
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1984
Construction
STEEL FRAME
Total area
2,800 SF
Lot
2.38 ac (103,803 SF)
APN
14-927-3000
UPID
US69-0306517
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
-
Hide Junkie - Home Department Store
-
Renboots Clothing & Fashion Store (Bike/Boat/Book/etc) Store
-
Allegiant Energy Services Corporate Office
-
Kommando Kilts Clothing Store
-
Dealy Express Clothing & Fashion Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$700k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$700k
Owner & transaction history
Dealy Commercial Rentals LLC · 2 yrs held
Dealy Commercial Rentals LLC
since 2024
Last sale
$700,000
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$435,000
+154.1%
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
$700,000
ML approach
$700,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$435,000
Change: +154% · Conversion: Difficult
Blend value · Realmo final
$700k
Range $630k – $770k · ±10% · vs last sale $700k (Jan 18 2024)
Last sale anchor
$700k
Jan 18 2024
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
$250 / 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
$8,985
Tax year 2023
Assessed value
$77,000
Assessed 2023
Previous assessed
$77,000
+0.0% YoY
Effective rate
11.67%
On assessed value
Assessed land
$28,540
Assessed improvement
$48,460
Land market value
$259,458
Improvement market value
$440,542
Total market value
$700,000
Applied tax rate
541.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1984
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Units
1
Total area
2,800 SF
Lot
2.38 ac (103,803 SF)
APN
14-927-3000
UPID
US69-0306517
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
MEDICAL BUILDING
Est. value
$435,000
MEDICAL BUILDING
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
1984
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Units
1
Lot
2.38 ac
Current owner
From public records · entity-resolved
Dealy Commercial Rentals LLC
Entity
Free & Clear · 2 yrs held
Mailing address
8520 SW 2ND ST, OKLAHOMA CITY, OK 73128-3601
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 18, 2024
—
Dealy Commercial Rentals LLC
Douglass William Dealy
Quit Claim Deed
related
—
Nov 1, 2023
—
Dealy Family 2016 Revocable Trust
—
Deed
related
$100,000 · F & M Bank
May 21, 2021
$700,000
Dealy Family 2016 Revocable Trust
Oil Patch Properties LLC
Special Warranty Deed
$507,645 · F & M Bank
May 11, 2015
$505,000
Oil Patch Properties LLC
Obrien Richard G Trust
Warranty Deed
—
May 11, 2015
—
Obrien,richard G Trust|obrien,gloria A Trust
Obrien Richard G Trust
Quit Claim Deed
related
—
Aug 23, 2013
—
Obrien,richard G Trust
Obrien,richard G & Gloria A
Quit Claim Deed
related
—
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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