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Property profile & analytics
OFF-MARKET
Estimated value
$1,000,000
Banks
118 11th St, Collinsville, OK 74021-2302
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US69-0306603
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1970
Construction
WOOD FRAME
Total area
10,701 SF
Lot
0.96 ac (41,992 SF)
Zoning code
CBD
APN
59825-24-29-02340
UPID
US69-0306603
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
-
Armstrong Bank Bank Loan Service
-
Collinsville Chamber of Commerce Business Service Center Advocacy Group
-
United States Postal Service Post Office Logistics Service
-
Smoking Gun Investigations Collinsville Law Firm Security Service
-
Vast Bank Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.00M
Owner & transaction history
Collinsville Municipal Authority · 1 yrs held
Collinsville Municipal Authority
since 2024
Last sale
$1.0M
3 recorded transactions
Zoning & alternative use
CBD · Collinsville, OK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.1M
+71.7%
Auto repair, garage
$960,000
+56.8%
Retail stores
$905,000
+47.8%
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 Collinsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Collinsville 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
$1,000,000
ML approach
$1,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
FINANCIAL BUILDING
$610,000
Current use
RESTAURANT
$1,050,000
Change: +72% · Conversion: Difficult
AUTO REPAIR, GARAGE
$960,000
Change: +57% · Conversion: Difficult
RETAIL STORES
$905,000
Change: +48% · Conversion: Difficult
OFFICE BUILDING
$855,000
Change: +40% · Conversion: Difficult
WAREHOUSE, STORAGE
$780,000
Change: +27% · Conversion: Difficult
MEDICAL BUILDING
$655,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$1.00M
Range $900k – $1.10M · ±10% · vs last sale $1.00M (Nov 5 2024)
Last sale anchor
$1.00M
Nov 5 2024
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
$93 / 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
$6,621
Tax year 2023
Assessed value
$59,884
Assessed 2023
Previous assessed
$59,884
+0.0% YoY
Effective rate
11.06%
On assessed value
Assessed land
$18,480
Assessed improvement
$41,404
Land market value
$168,000
Improvement market value
$376,400
Total market value
$544,400
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1970
Construction
WOOD FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
10,701 SF
Lot
0.96 ac (41,992 SF)
Zoning code
CBD
APN
59825-24-29-02340
UPID
US69-0306603
Jurisdiction
TULSA
Zoning & alternative use
CBD · Collinsville, OK
Zoning CBD · permitted uses
CBD · Collinsville, OK
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Collinsville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
FINANCIAL BUILDING Current
Est. value
$610,000
RESTAURANT
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$960,000
RETAIL STORES
Est. value
$905,000
OFFICE BUILDING
Est. value
$855,000
WAREHOUSE, STORAGE
Est. value
$780,000
MEDICAL BUILDING
Est. value
$655,000
FINANCIAL BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
WAREHOUSE, STORAGE
MEDICAL BUILDING
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
1970
Construction
WOOD FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.96 ac
Current owner
From public records · entity-resolved
Collinsville Municipal Authority
Entity
Free & Clear · 1 yrs held
Mailing address
1111 W BROADWAY ST, MUSKOGEE, OK 74401-6247
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 5, 2024
$1,000,000
Collinsville Municipal Authority
Armstrong Bank
Special Warranty Deed
—
Jan 13, 2021
—
Armstrong Bk
Vast Bank NA
Grant Deed
related
—
Sep 30, 2020
$935,000
Armstrong Bk
Vast Bank NA
Grant Deed
related
—
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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