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Property profile & analytics
OFF-MARKET
Estimated value
$565,000
Auto shops
1501 Lynn Riggs Blvd Claremore, OK 74017-3044
Entity Owned
20-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US69-2417150
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1997
Total area
5,650 SF
Lot
2.29 ac (99,752 SF)
APN
3241
UPID
US69-2417150
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
-
Fix It Friday - Fix Anything - Name Your Price Hardware & Home Improvement General Contractor
-
LibertyX Bitcoin ATM Atm
-
The Laundry Barn of Claremore | Dry Cleaning | Laundry Service | Laundromat (Bike/Boat/Book/etc) Store
-
Knight Lighting - Claremore Fire Pits and Outdoor Lighting Landscaping General Contractor
-
Oklahomies Car Detailing | Auto Detailing Claremore | Claremore Auto Detailing Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$380k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$754k
Blend (final)
Blend
$565k
Owner & transaction history
Just2brothers LLC · 20 yrs held
Just2brothers LLC
since 2006
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$855,000
+66.3%
Medical building
$665,000
+29.1%
Restaurant
$660,000
+28.6%
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 Claremore submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Claremore 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
$380,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$515,000
Current use
OFFICE BUILDING
$855,000
Change: +66% · Conversion: Difficult
MEDICAL BUILDING
$665,000
Change: +29% · Conversion: Difficult
RESTAURANT
$660,000
Change: +29% · Conversion: Difficult
RETAIL STORES
$520,000
Change: +1% · Conversion: Difficult
WAREHOUSE, STORAGE
$505,000
Change: -2% · Conversion: Easy
Blend value · Realmo final
$565k
Range $509k – $622k · ±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
$100 / 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
$13,636
Tax year 2023
Assessed value
$148,861
Assessed 2023
Previous assessed
$141,773
+5.0% YoY
Effective rate
9.16%
On assessed value
Assessed land
$63,249
Assessed improvement
$85,612
Land market value
$574,993
Improvement market value
$919,948
Total market value
$1,494,941
Applied tax rate
17.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1997
Heating
YES
Cooling
AC.PACKAGE
Buildings
7
Stories
1
Total area
5,650 SF
Lot
2.29 ac (99,752 SF)
APN
3241
UPID
US69-2417150
Jurisdiction
ROGERS
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 Current
Est. value
$515,000
OFFICE BUILDING
Est. value
$855,000
MEDICAL BUILDING
Est. value
$665,000
RESTAURANT
Est. value
$660,000
RETAIL STORES
Est. value
$520,000
WAREHOUSE, STORAGE
Est. value
$505,000
AUTO REPAIR, GARAGE Current
OFFICE BUILDING
MEDICAL BUILDING
RESTAURANT
RETAIL STORES
WAREHOUSE, STORAGE
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
1997
Heating
YES
Cooling
Yes
Stories
1
Buildings
7
Lot
2.29 ac
Current owner
From public records · entity-resolved
Just2brothers LLC
Entity
Mailing address
3321 S 88TH E AVE, TULSA, OK 74145-1503
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 26, 2017
—
Just2brohters LLC
—
Deed
related
$201,048 · Security Bank
Jun 6, 2006
$850,000
Just2brothers LLC
Wheetley,jim & Sheila
Warranty Deed
$550,000 · Jim & Sheila Wheetley
—
—
Just2brothers LLC
—
Deed Of Trust
related
$720,736 · Security Bank
—
—
Just2brothers LLC
—
Deed Of Trust
related
$130,000 · Security Bank
—
—
Just2brothers LLC
—
Loan Modification
related
$760,245 · Security Bank
—
—
Just2brothers LLC
—
Loan Modification
related
$95,932 · Security Bank
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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