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Property profile & analytics
OFF-MARKET Estimated value $850,000
Strip malls

152 Alexander Sand Springs, OK 74063-6364

8,596 SF 1.13 ac lot Built 2021
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US69-2207488
Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2021
Total area 8,596 SF
Lot 1.13 ac (49,223 SF)
Zoning code CS
APN 62282-91-11-31045
UPID US69-2207488
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
$940k
Blend (final) Blend
$850k
Owner & transaction history
Riverwest Re Holdings LLC · 7 yrs held
Riverwest Re Holdings LLC
since 2019
4 recorded transactions
2021
Price N/A
2019
$588,500
2018
Price N/A
1969
Price N/A
Zoning & alternative use
CS · Sand Springs, OK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

to “S” in AG, CS, CG, CBD, CH, IL, IM, and IH; Appendix A: Changed title of Use Unit 24 “Mining and Mineral Processing” adding the prefix words “Extractive Operations”; Appendix B: Added references to Specific Use Permits a nd information from Chapter 25, added reference to Adult Novelty Shops, Paintball and Tattoo Parlor in Appendix B and also added a secti…

Zone name Commercial Shopping Center District
General category COMMERCIAL
Zone area 615.02 ac
Source SSZCCOVER 4-17-07
Top alternative use upside
Commercial (general) $1.3M +113.8%
Office building $1.0M +62.3%
Retail stores $935,000 +51.7%
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