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Property profile & analytics
OFF-MARKET
Estimated value
$690,000
Grocery and convenience stores
11700 86th N St Owasso, OK 74055-2533
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US69-0308638
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,442 SF
Lot
0.7 ac (30,492 SF)
Zoning code
CS
APN
61415-14-29-51620
UPID
US69-0308638
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
-
Coin Cloud Bitcoin ATM Atm Crypto Atm
-
sunny's kwik stop Gas Station
-
Phillips 66 Gas Station
-
For Your Convenience Phillips 66 Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$695k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$690k
Owner & transaction history
Ramella Ents LLC · 10 yrs held
Ramella Ents LLC
since 2015
7 recorded transactions
Zoning & alternative use
CS · Owasso, OK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$635,000
+157.6%
Auto repair, garage
$605,000
+144.5%
Commercial (general)
$530,000
+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 Owasso submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Owasso 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%
$750,000
6.5%
$695,000
7%
$645,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$635,000
Change: +158% · Conversion: Difficult
AUTO REPAIR, GARAGE
$605,000
Change: +145% · Conversion: Difficult
COMMERCIAL (GENERAL)
$530,000
Change: +114% · Conversion: Easy
Blend value · Realmo final
$690k
Range $621k – $759k · ±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
$200 / 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
$12,020
Tax year 2023
Assessed value
$110,000
Assessed 2023
Previous assessed
$110,000
+0.0% YoY
Effective rate
10.93%
On assessed value
Assessed land
$23,496
Assessed improvement
$86,504
Land market value
$213,600
Improvement market value
$786,400
Total market value
$1,000,000
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
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
AC.PACKAGE
Stories
1
Total area
3,442 SF
Lot
0.7 ac (30,492 SF)
Zoning code
CS
APN
61415-14-29-51620
UPID
US69-0308638
Jurisdiction
TULSA
Zoning & alternative use
CS · Owasso, OK
Zoning CS · permitted uses
CS · Owasso, OK
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Owasso. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$635,000
AUTO REPAIR, GARAGE
Est. value
$605,000
COMMERCIAL (GENERAL)
Est. value
$530,000
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.7 ac
Current owner
From public records · entity-resolved
Ramella Ents LLC
Entity
Mailing address
8519 N 102ND E AVE, OWASSO, OK 74055-2356
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 18, 2020
—
Ramella Enterprises LLC
—
Deed
related
$284,830 · First Bank Of Owasso
May 18, 2016
—
V & R LLC
—
Deed
related
$500,000 · Valley Nat'l Bk
Dec 2, 2015
—
Ramella Ents LLC
V & R LLC
Warranty Deed
related
—
Oct 6, 2015
$1,000,000
V & R LLC
L & L Industries LLC
Warranty Deed
$850,000 · Valley Nat'l Bk
Nov 8, 2013
$830,000
L & L Industries LLC
Cstore Investors LLC
Grant Deed
$767,750 · The Bank
Dec 16, 2004
$11,863,500
Cstore Investors LLC
Shell Oil Products Us
Grant Deed
$10,000,000 · Gold Bank NA
Jun 17, 1998
—
Equilon Enterprises
Texaco,refining
Grant Deed
related
—
—
—
Ramella Ents LLC
—
Deed Of Trust
related
$362,000 · Small Busn Cap
—
—
V & R LLC
—
Loan Modification
related
$500,000 · Valley Nat'l Bk
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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