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Property profile & analytics
OFF-MARKET
Estimated value
$630,000
Grocery and convenience stores
11115 Memorial Dr Bixby, OK 74008-2032
Trust Owned
12-yr Hold
Free & Clear
Property ID
US69-0333110
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2014
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,995 SF
Lot
1.09 ac (47,306 SF)
Zoning code
CS
APN
58175-83-36-03470
UPID
US69-0333110
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
-
Western Union Bank Credit Union
-
Kum & Go Gas Station
-
ATM (Kum & Go) Atm Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$574k
Blend (final)
Blend
$630k
Owner & transaction history
Robson,frank C Trust · 12 yrs held
Robson,frank C Trust
since 2014
2 recorded transactions
Zoning & alternative use
CS · Bixby, OK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$925,000
+157.6%
Auto repair, garage
$875,000
+144.5%
Commercial (general)
$765,000
+113.8%
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 Bixby submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bixby 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
MEDICAL BUILDING
$925,000
Change: +158% · Conversion: Difficult
AUTO REPAIR, GARAGE
$875,000
Change: +145% · Conversion: Difficult
COMMERCIAL (GENERAL)
$765,000
Change: +114% · Conversion: Easy
OFFICE BUILDING
$580,000
Change: +62% · Conversion: Moderate
RETAIL STORES
$545,000
Change: +52% · Conversion: Easy
Blend value · Realmo final
$630k
Range $567k – $693k · ±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
$126 / 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
$34,154
Tax year 2023
Assessed value
$264,737
Assessed 2023
Previous assessed
$264,737
+0.0% YoY
Effective rate
12.90%
On assessed value
Assessed land
$110,000
Assessed improvement
$154,737
Land market value
$1,000,000
Improvement market value
$1,406,700
Total market value
$2,406,700
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
CONVENIENCE STORE
Status
Off-Market
Year built
2014
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
4,995 SF
Lot
1.09 ac (47,306 SF)
Zoning code
CS
APN
58175-83-36-03470
UPID
US69-0333110
Jurisdiction
TULSA
Zoning & alternative use
CS · Bixby, OK
Zoning CS · permitted uses
CS · Bixby, OK
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bixby. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$925,000
AUTO REPAIR, GARAGE
Est. value
$875,000
COMMERCIAL (GENERAL)
Est. value
$765,000
OFFICE BUILDING
Est. value
$580,000
RETAIL STORES
Est. value
$545,000
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
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
2014
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.09 ac
Current owner
From public records · entity-resolved
Robson,frank C Trust
Trust
Free & Clear · 12 yrs held
Mailing address
1459 GRAND AVE, DES MOINES, IA 50309-3005
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 25, 2014
$3,250,000
Robson,frank C Trust
Kg Store 834 LLC
Warranty Deed
—
Jan 27, 2014
$1,000,000
Kg Store 834 LLC
Lc Neel Trust
Grant Deed
—
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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