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Property profile & analytics
FOR LEASE
Manufacturing properties
1200 N Maitlen Dr Cushing, OK 74023
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US69-0787792
For Lease
1 / 2
Contact for pricing
1200 N Maitlen Dr, Cushing, OK 74023
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Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1984
Total area
68,250 SF
Lot
15.15 ac (659,978 SF)
APN
600002634
UPID
US69-0787792
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
-
Victory Energy Oper Cushing Government
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.05M
Blend (final)
Blend
$6.28M
Owner & transaction history
Maitlen Drive Cushing Ok LLC · 10 yrs held
Maitlen Drive Cushing Ok LLC
since 2015
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$6.3M
+83.2%
Neighborhood: shopping center
$5.5M
+61.2%
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 Cushing submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cushing 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
AUTO REPAIR, GARAGE
$6,300,000
Change: +83% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$5,545,000
Change: +61% · Conversion: Difficult
Blend value · Realmo final
$6.28M
Range $5.65M – $6.91M · ±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
$92 / 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
$25,472
Tax year 2023
Assessed value
$302,056
Assessed 2023
Previous assessed
$287,672
+5.0% YoY
Effective rate
8.43%
On assessed value
Assessed land
$11,298
Assessed improvement
$290,758
Land market value
$114,580
Improvement market value
$2,948,630
Total market value
$3,063,210
Applied tax rate
67.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Lease
Year built
1984
Heating
NONE
Cooling
NONE
Buildings
5
Stories
24
Total area
68,250 SF
Lot
15.15 ac (659,978 SF)
APN
600002634
UPID
US69-0787792
Jurisdiction
PAYNE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$6.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.5M
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
1984
Heating
NONE
Cooling
Yes
Stories
24
Buildings
5
Lot
15.15 ac
Current owner
From public records · entity-resolved
Maitlen Drive Cushing Ok LLC
Entity
Mailing address
12180 S 300TH E UNIT #1243, DRAPER, UT 84020-2654
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 24, 2022
—
Maitlen Drive Cushing Ok LLC
—
Deed
related
—
Oct 16, 2015
$2,500,000
Maitlen Drive Cushing Ok LLC
Vfrm LLC
Grant Deed
$23,355 · Silverpeak R/e Fin
Nov 16, 2012
$1,424,000
Vfrm LLC
Viskup,john C JR & Leslie
Grant Deed
related
—
Apr 23, 2009
—
Victory Energy Operations LLC
—
Loan Modification
related
$5,500,000 · J P Morgan Chase Bank
Jan 9, 2009
—
Victory Energy Operations LLC
—
Loan Modification
related
$1,300,000 · J P Morgan Chase Bank
Oct 30, 2008
—
Victory Energy Operations LLC
—
Loan Modification
related
$3,200,000 · J P Morgan Chase Bank
Sep 19, 2006
$800,000
Victory Energy Operations LLC
Fleetwood Hms Of Oklahoma INC
Warranty 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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