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Property profile & analytics
OFF-MARKET
Estimated value
$1,440,000
Office buildings
1309 3rd St Antlers, OK 74523-3606
Entity Owned
Absentee Owner
Free & Clear
Property ID
US69-1963772
Property summary
AI-generated overview
This expansive office building, located in the Antlers Industrial Park at 1309 SW 3rd Street, Antlers, Oklahoma 74523, presents a significant investment opportunity. The property boasts a substantial 267,894 square feet of space situated on a generous 6.15-acre lot. The main building, a pre-engineered metal structure, offers a versatile layout ideal for a variety of office uses. Features include a spacious reception area, a full kitchen, two restrooms, and eight private offices, complemented by approximately eighty cubicles. Ceiling heights are 10 feet in the main area and 8 feet within the individual offices. The property provides ample parking and significant open space, enhancing its functionality and appeal. Access is facilitated by a main public entry and separate private exits. The property is zoned for office use and has usage restrictions prohibiting marijuana-related businesses. This substantial property offers significant potential for a large-scale office operation or a multi-tenant configuration. The asking price is $399,900. The property's size and location within the industrial park make it a compelling investment prospect.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2004
Total area
10,000 SF
Lot
6.15 ac (267,894 SF)
APN
0128-00-000-012-0-001-01
UPID
US69-1963772
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.44M
Owner & transaction history
PREPAID LEGAL SERVICES, INC
PREPAID LEGAL SERVICES, INC
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 Antlers submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Antlers 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
OFFICE BUILDING
$1,830,000
Current use
RESTAURANT
$1,590,000
Change: -13% · Conversion: Moderate
Blend value · Realmo final
$1.44M
Range $1.30M – $1.58M · ±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
$144 / 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
$6,716
Tax year 2023
Assessed value
$91,352
Assessed 2023
Effective rate
7.35%
On assessed value
Assessed land
$10,148
Assessed improvement
$81,204
Land market value
$92,250
Improvement market value
$738,222
Total market value
$830,472
Applied tax rate
201.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2004
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
10,000 SF
Lot
6.15 ac (267,894 SF)
APN
0128-00-000-012-0-001-01
UPID
US69-1963772
Jurisdiction
PUSHMATAHA
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
OFFICE BUILDING Current
Est. value
$1.8M
RESTAURANT
Est. value
$1.6M
OFFICE BUILDING Current
RESTAURANT
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
2004
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
6.15 ac
Current owner
From public records · entity-resolved
PREPAID LEGAL SERVICES, INC
Entity
Free & Clear · 0 yrs held
Mailing address
1 PREPAID WAY, ADA, OK 74820-5813
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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