SeeBITDAOklahoma

Jah Realty LP

Lessors of Nonresidential Buildings (except Miniwarehouses)
  • 1008 E Hefner Road, Oklahoma City, OK
  • Since 2003
  • Family-owned
  • NAICS 531120
Estimated valueMedium confidence
$34.1M
$17.9Mlikely range$46.6M
About 5.2× its yearly profit, typical for a company this size in its industry.
Revenue
$30.3M
a year
Profit (EBITDA)
$6.6M
22% of revenue
Employees
24
reported in 2020
Leadership
Jay Henry
CEO · source · confirmed by 2 sources · LinkedIn
Unlikely to sell soon
Has a management team. Someone besides the owner runs part of the business, which buyers pay more for.

How we got $34.1M

Based on its 24 employees and its payroll, both reported for PPP in 2020 and brought up to date.

24 employees × $866K each$20.8M
PPP payroll ÷ payroll's usual share of revenue$34.1M
Shown toward the top of its range×1.14
Revenue$30.3M
× 22% profit margin$6.6M
× 5.2 sale multiple = value$34.1M

· Own this business? Correct these figures

Estimated value over time

▲ 14% since 2020
$0$24.1M$48.2M2020202420252026

Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.

Employees over time

▲ 13% since 2020
025502020202420252427
401(k) / retirement-plan participantsEmployees reported for PPP
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020PPP loan24$9.1M$2.0M
2024Form 550027$10.2M$2.2M
2025Form 550027$10.2M$2.2M

Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.

What we know

PPP loan, 2020
401(k) filing, 2025
No reported financials
Company website
Owner named

Signs of a sale Unlikely to sell soon

  • In business 23 years (since 2003)
  • Family in the business (Matias Henry, Investment Analyst)

From public records and the company's website, not a statement that it's for sale.

What they do

JAH Realty, LP is a retail real estate investment and management company that owns and operates retail shopping centers, offering acquisition, development, leasing, management and construction services.

Products & services
Retail real estate investmentAcquisitionsDevelopmentLeasingManagementConstruction management and contracting
Markets served
Retail
Service area
Dallas-Fort WorthOklahoma CityTexasOklahomaArizona

From the company's website. Industry: Lessors of Nonresidential Buildings (except Miniwarehouses).

Customers & suppliers

Customers

  • HomeGoods · named on its website
  • Fifth Third Bank · named on its website
  • Four Star Fitness · named on its website

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
JAH REALTY LP
this business
$30.3M$6.6M—
BELLA LINDA LLC
Oklahoma City · 2 employees
$1.2M$393K0.9 mi
ASHTON GRAY TCP SERVICES, LLC
Oklahoma City · 1 employees
$1.1M$355K1.1 mi
Closetbox Storage
Oklahoma City
$1.7M$547K1.3 mi
Public Storage
Oklahoma City
$1.7M$547K1.9 mi
KKL MCCASLAND LLC
Oklahoma City · 5 employees
$3.0M$872K2.1 mi
MCCASLANDS' APARTMENTS SERVICES, LLC
Oklahoma City · 8 employees
$3.8M$1.0M2.1 mi

The full calculation

Employees reported to the SBA24
Revenue from headcount (employees × revenue per employee for companies this size)$20.8M
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$34.1M
Estimate: the two combined (geometric mean)$30.3M
EBITDA margin (industry, adjusted for size)22%
EBITDA = revenue × margin$6.6M

Figures are shown toward the upper part of their range rather than at its middle.

Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.

Estimated value = EBITDA × typical sale multiple$34.1M
Multiple for this size and industry5.2×
Value range$17.9M – $46.6M
Revenue range$20.0M – $34.6M
EBITDA range$4.3M – $7.5M
Industry (NAICS)Lessors of Nonresidential Buildings (except Miniwarehouses) (531120)

EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.

Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology

History & advisors

Founded 2003Family-owned
“In 2003, JAH Realty was formed and JAH & Company made the strategic decision to grow its operation into Texas under the stewardship of Jay Henry.”

Advisors

  • BankingMidFirst BankPPP / SBA lender

From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.

Banking relationships

MidFirst Bank
PPP 2020
All 2,403 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/10/2020first$540K$546K24MidFirst Bank

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Jah Realty LP

Jah Realty LP is a family-owned lessors of nonresidential buildings (except miniwarehouses) company in Oklahoma City, Oklahoma, in business since 2003. It is owned by Jay Henry (CEO). Its estimated annual revenue is about $30.3M, with roughly $6.6M of EBITDA. It has about 27 employees. Its estimated business value is $34.1M (likely range $17.9M–$46.6M).

Common questions

Who owns Jah Realty LP?
Jah Realty LP is owned by Jay Henry (CEO), according to public sources such as the company's website or filings.
How much revenue does Jah Realty LP make?
SeeBITDA estimates Jah Realty LP's annual revenue at about $30.3M (likely between $20.0M and $34.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Jah Realty LP worth?
About $34.1M, roughly 5.2× its estimated EBITDA of $6.6M, typical for a lessors of nonresidential buildings (except miniwarehouses) company its size. Likely range: $17.9M–$46.6M.
How many employees does Jah Realty LP have?
About 27, from its 2025 retirement-plan filing.
When was Jah Realty LP founded?
Jah Realty LP has been in business since 2003.