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Property profile & analytics
OFF-MARKET
Estimated value
$6,655,000
Grocery and convenience stores
9515 May Ave Village, OK 73120-2709
Entity Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US69-0347518
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2015
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
59,380 SF
Lot
5.64 ac (245,678 SF)
APN
17-894-4035
UPID
US69-0347518
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
-
Uptown Grocery Co. Grocery & Convenience Store Food Market
-
Venus Nails & Spa @ The Village Nail Salon
-
bonjovi store Specialty Food Shop Candy Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.40M
Blend (final)
Blend
$6.66M
Owner & transaction history
Esperanza Real Estate Invs LLC · 12 yrs held
Esperanza Real Estate Invs LLC
since 2014
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$9.3M
+26.5%
Auto repair, garage
$8.8M
+20.5%
Commercial (general)
$8.2M
+11.8%
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 Village submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Village 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$7,330,000
Current use
MEDICAL BUILDING
$9,270,000
Change: +26% · Conversion: Difficult
AUTO REPAIR, GARAGE
$8,830,000
Change: +20% · Conversion: Difficult
COMMERCIAL (GENERAL)
$8,190,000
Change: +12% · Conversion: Easy
OFFICE BUILDING
$7,620,000
Change: +4% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$6,730,000
Change: -8% · Conversion: Moderate
Blend value · Realmo final
$6.66M
Range $5.99M – $7.32M · ±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
$112 / 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
$116,236
Tax year 2023
Assessed value
$967,749
Assessed 2023
Previous assessed
$967,749
+0.0% YoY
Effective rate
12.01%
On assessed value
Assessed land
$175,659
Assessed improvement
$792,090
Land market value
$1,596,907
Improvement market value
$7,200,812
Total market value
$8,797,719
Applied tax rate
627.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2015
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
59,380 SF
Lot
5.64 ac (245,678 SF)
APN
17-894-4035
UPID
US69-0347518
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
RETAIL STORES Current
Est. value
$7.3M
MEDICAL BUILDING
Est. value
$9.3M
AUTO REPAIR, GARAGE
Est. value
$8.8M
COMMERCIAL (GENERAL)
Est. value
$8.2M
OFFICE BUILDING
Est. value
$7.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.7M
RETAIL STORES Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
2015
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
1
Lot
5.64 ac
Current owner
From public records · entity-resolved
Esperanza Real Estate Invs LLC
Entity
Mailing address
12601 DUTCH FRST LN, EDMOND, OK 73013-7583
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
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
Apr 20, 2026
—
Esperanza Real Estate Investme
—
Deed
related
$9,700,000 · Sovereign Bank
Nov 6, 2017
—
Esperanza Real Est Invs LLC
—
Deed
related
$2,424,452 · Kirkpatrick Bk
Sep 18, 2014
—
Esperanza Real Estate Invs LLC
—
Trustees Deed
related
$13,562,480 · Kirkpatrick Bk
Apr 3, 2014
$1,650,000
Esperanza Real Estate Invs LLC
Bar-co Investments LLC
Warranty Deed
$1,237,500 · Kirkpatrick Bk
—
—
Esperanza Real Est Invs LLC
—
Deed Of Trust
related
$2,424,452 · Kirkpatrick Bk
—
—
Bar-co Investments LLC
—
Deed Of Trust
related
$850,000 · International Bank Of Commerce
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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