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Property profile & analytics
OFF-MARKET
Office buildings
101 Commerce St Altus, OK 73521-3807
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US69-1564809
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1955
Total area
3,500 SF
Lot
0.04 ac (1,742 SF)
APN
0005-00-021-004-0-001-00
UPID
US69-1564809
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
-
Towers Apartments Apartment Building
-
Bethany E. Photography Photography Service (Bike/Boat/Book/etc) Store
-
Krazy Chics Boutique.... Department Store
-
Angie Rogers- REALTOR WITH ADVANTAGE REALTY Real Estate Agency
-
Bethany E. Birth Services Consultant Childbirth Class
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Jarrod M David · 2 yrs held
Jarrod M David
since 2024
Last sale
$350,000
4 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 Altus submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Altus 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,421
Tax year 2023
Assessed value
$28,400
Assessed 2023
Previous assessed
$28,400
+0.0% YoY
Effective rate
8.52%
On assessed value
Assessed land
$2,684
Assessed improvement
$25,716
Land market value
$22,370
Improvement market value
$214,296
Total market value
$236,666
Applied tax rate
1.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1955
Heating
YES
Cooling
YES
Stories
2
Total area
3,500 SF
Lot
0.04 ac (1,742 SF)
APN
0005-00-021-004-0-001-00
UPID
US69-1564809
Jurisdiction
JACKSON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1955
Heating
YES
Cooling
Yes
Stories
2
Lot
0.04 ac
Current owner
From public records · entity-resolved
Jarrod M David
Individual
Mailing address
5100 FM 2072, VERNON, TX 76384-9061
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 15, 2024
$350,000
Jarrod M David
7hl Holdings LLC
Warranty Deed
$280,000 · The Waggoner National Bank Of Verno
Jul 11, 2019
$250,000
7hl Holdings LLC
Cory J Graham
Warranty Deed
$203,849 · Nbc Oklahoma
Dec 7, 2017
$749,500
Downtown Housing Affordable L P
Downtown Housing INC
Warranty Deed
—
Feb 20, 2013
$115,000
Cory J Graham
Ralph Van Oostrum
Warranty Deed
$920,004 · Stockmans 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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