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Property profile & analytics
OFF-MARKET
Turn key restaurants
1209 Cherokee St Wagoner, OK 74467-4623
Individually Owned
12-yr Hold
Free & Clear
Property ID
US69-0721991
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2020
Construction
STEEL FRAME
Total area
3,000 SF
Lot
19 ac (827,640 SF)
APN
010000-329001-000000
UPID
US69-0721991
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
-
Lake Region Electric Coop Corporate Office
-
Century 21 First Choice Realty Real Estate Agency
-
Lake Region Electric Cooperative Electric Utility Company
-
Honey Bee Leasing Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Roger S Ray · 12 yrs held
Roger S Ray
since 2013
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 Wagoner submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wagoner 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
—
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
$7,352
Tax year 2023
Assessed value
$79,580
Assessed 2023
Previous assessed
$75,790
+5.0% YoY
Effective rate
9.24%
On assessed value
Assessed land
$12,940
Assessed improvement
$66,640
Land market value
$120,006
Improvement market value
$640,421
Total market value
$760,427
Applied tax rate
12.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2020
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Bathrooms
2
Total area
3,000 SF
Lot
19 ac (827,640 SF)
APN
010000-329001-000000
UPID
US69-0721991
Jurisdiction
WAGONER
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
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
2
Lot
19 ac
Current owner
From public records · entity-resolved
Roger S Ray
Individual
Free & Clear · 12 yrs held
Mailing address
1209 W CHEROKEE ST, WAGONER, OK 74467-4623
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
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
Nov 21, 2016
—
Roger S Ray
—
Deed
related
—
Aug 31, 2016
—
Roger S Ray
—
Trustees Deed
related
$170,000 · Mabrey Bk
Dec 3, 2013
—
Roger S Ray
Stamja-lp
Grant Deed
related
—
Nov 8, 2013
—
Roger Shane Ray
Stamja LP Properties LLC
Special Warranty Deed
$178,500 · Citizens Security Bank & Trust Comp
Sep 18, 2012
—
Stamja-lp Ok Properties LLC
Stephen L Lafrance Pharmacy
Warranty Deed
related
—
Mar 28, 2011
$350,000
Stephen L Lafrance Pharmacy In
Chase,steve & Karen
Warranty Deed
—
—
—
Roger S Ray
—
Loan Modification
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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