New search
Property profile & analytics
OFF-MARKET
Estimated value
$5,505,000
Warehouses
12321 Memorial Dr, Bixby, OK 74008-2527
Entity Owned
10-yr Hold
Absentee Owner
Free & Clear
Property ID
US69-1156260
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2020
Total area
56,000 SF
Lot
1.84 ac (80,325 SF)
Zoning code
OL
APN
57623-73-01-15240
UPID
US69-1156260
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
-
Storelocal Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$7.41M
Comparable Approach
Comparable
$5.16M
Blend (final)
Blend
$5.51M
Owner & transaction history
Boardwalk Self Storage LLC · 10 yrs held
Boardwalk Self Storage LLC
since 2016
2 recorded transactions
Zoning & alternative use
OL · Bixby, OK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$8.6M
+149.0%
Office building
$6.5M
+88.9%
Retail stores
$6.1M
+76.7%
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 Bixby submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bixby 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%
$8,020,000
6.5%
$7,405,000
7%
$6,875,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$3,450,000
Current use
COMMERCIAL (GENERAL)
$8,585,000
Change: +149% · Conversion: Difficult
OFFICE BUILDING
$6,515,000
Change: +89% · Conversion: Difficult
RETAIL STORES
$6,095,000
Change: +77% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$4,015,000
Change: +16% · Conversion: Moderate
Blend value · Realmo final
$5.51M
Range $4.95M – $6.06M · ±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
$98 / 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
$115,520
Tax year 2023
Assessed value
$895,433
Assessed 2023
Previous assessed
$455,466
+96.6% YoY
Effective rate
12.90%
On assessed value
Assessed land
$40,700
Assessed improvement
$854,733
Land market value
$370,000
Improvement market value
$7,770,300
Total market value
$8,140,300
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2020
Heating
HEAT PUMP
Cooling
YES
Buildings
3
Stories
2
Total area
56,000 SF
Lot
1.84 ac (80,325 SF)
Zoning code
OL
APN
57623-73-01-15240
UPID
US69-1156260
Jurisdiction
TULSA
Zoning & alternative use
OL · Bixby, OK
Zoning OL · permitted uses
OL · Bixby, OK
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bixby. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$3.5M
COMMERCIAL (GENERAL)
Est. value
$8.6M
OFFICE BUILDING
Est. value
$6.5M
RETAIL STORES
Est. value
$6.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.0M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
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
2020
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Buildings
3
Lot
1.84 ac
Current owner
From public records · entity-resolved
Boardwalk Self Storage LLC
Entity
Free & Clear · 10 yrs held
Mailing address
80 COTTONWOOD CT, EAGLE, ID 83616-6577
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 23, 2018
—
Israels Gap Cmnty Fund LLC
—
Trustees Deed
related
$900,000 · Semple Frank M Trust (rt)
Feb 5, 2016
$500,000
Boardwalk Self Storage LLC
Helen V Byrnes Foundation
Warranty Deed
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 12321 Memorial Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
