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Property profile & analytics
OFF-MARKET
Estimated value
$1,035,000
Office buildings
1125 Cherokee Ave Nowata, OK 74048-3110
Individually Owned
Absentee Owner
Free & Clear
Property ID
US69-1732538
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2020
Total area
5,228 SF
APN
1200-01-013-002-0-002-00
UPID
US69-1732538
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.04M
Owner & transaction history
Shayne Hayes Simmons
Shayne Hayes Simmons
since 2026
7 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 Nowata submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Nowata 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
$198 / 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
$7,647
Tax year 2023
Assessed value
$80,524
Assessed 2023
Previous assessed
$598
+13,365.6% YoY
Effective rate
9.50%
On assessed value
Assessed land
$2,368
Assessed improvement
$78,156
Land market value
$22,499
Improvement market value
$771,438
Total market value
$793,937
Applied tax rate
201.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
2020
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
5,228 SF
APN
1200-01-013-002-0-002-00
UPID
US69-1732538
Jurisdiction
NOWATA
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
2020
Heating
CENTRAL
Cooling
Yes
Stories
1
Current owner
From public records · entity-resolved
Shayne Hayes Simmons
Individual
Free & Clear · 0 yrs held
Mailing address
805 BELL CT, NOWATA, OK 74048-2501
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
21 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 24, 2026
—
Shayne Hayes Simmons
—
Deed
related
—
Feb 4, 2026
—
Daniel A Dyches
—
Deed
related
—
Jun 9, 2025
—
Jake Matthew Morgan
—
Deed
related
$40,159 · Usda
Aug 27, 2024
—
Andrew Brewer Colton
—
Deed
related
$90,000 · Usda
Jul 23, 2024
—
Danny Wade Lawrence
—
Deed
related
$31,048 · Farm Service Agency
Jun 28, 2024
—
Jacob W Dyck
—
Deed
related
$480,000 · Usda
Jun 20, 2024
—
Blaine Garley
—
Deed
related
$35,500 · United States Of America
Jun 11, 2024
—
Tony Eugene Ward
—
Deed
related
$189,750 · United State Bank
Jun 5, 2024
—
Heidi Lynn Burger
—
Deed
related
$116,000 · Usda
May 9, 2024
—
Joseph Glen Kuehn
—
Deed
related
$500,000 · Usda
Nov 6, 2023
—
Justin James Roberts
—
Deed
related
$242,500 · United States Of America
Oct 4, 2023
—
Joel Combs Mcdonald Tyler
—
Deed
related
$325,000 · United States Of America
Sep 13, 2023
—
James Dawson Eckhart
—
Deed
related
$80,000 · Usda
Jul 12, 2023
—
Marion Joseph Witt JR
—
Deed
related
$397,000 · Usda
Jun 28, 2023
—
Sharon Renee Mcgehee
—
Deed
related
$195,000 · Usda
Jun 6, 2023
—
Mark Edward Coulter
—
Deed
related
$357,000 · United States Of America
Jun 18, 2020
—
Andy Laverne Krenz
—
Deed
related
$225,000 · United States Of America
May 28, 2020
—
Byron Lee Hogan
—
Deed
related
$100,000 · United States Of America
Apr 27, 2020
—
Rushmore Holdings LLC
—
Deed
related
$482,500 · Union State Bank
Jan 31, 2020
—
Raquel Davis Lindsey
—
Deed
related
—
Apr 10, 2019
—
Byron Lee Hogan
—
Deed
related
$100,000 · Usda
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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