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Property profile & analytics
FOR SALE
Commercial land
1521 Highway 99 N Stroud, OK 74079
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US69-1402933
For Sale
1 / 26
$400,000
1521 Highway 99 N, Stroud, OK 74079
View Listing →
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1966
Total area
756 SF
Lot
12.16 ac (529,690 SF)
APN
6165-00-000-000-2-004-00
UPID
US69-1402933
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
$950k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$955k
Owner & transaction history
Spring Cove Rv & Mh Park LLC · 3 yrs held
Spring Cove Rv & Mh Park LLC
since 2023
Last sale
$930,000
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$985,000
+601.2%
Retail stores
$945,000
+571.2%
Warehouse, storage
$745,000
+428.8%
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 Stroud submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stroud 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
$1,010,000
ML approach
$950,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$985,000
Change: +601% · Conversion: Easy
RETAIL STORES
$945,000
Change: +571% · Conversion: Easy
WAREHOUSE, STORAGE
$745,000
Change: +429% · Conversion: Difficult
AUTO REPAIR, GARAGE
$590,000
Change: +318% · Conversion: Difficult
Blend value · Realmo final
$955k
Range $860k – $1.05M · ±10% · vs last sale $930k (Jun 21 2023)
Last sale anchor
$930k
Jun 21 2023
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
$1,263 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$1,168
Tax year 2022
Assessed value
$13,782
Assessed 2022
Previous assessed
$14,411
-4.4% YoY
Effective rate
8.47%
On assessed value
Assessed land
$4,248
Assessed improvement
$9,534
Land market value
$38,616
Improvement market value
$86,671
Total market value
$125,287
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
For Sale
Year built
1966
Heating
FORCED AIR
Cooling
CENTRAL
Rooms
5
Bathrooms
2
Total area
756 SF
Lot
12.16 ac (529,690 SF)
APN
6165-00-000-000-2-004-00
UPID
US69-1402933
Jurisdiction
LINCOLN
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
Est. value
$985,000
RETAIL STORES
Est. value
$945,000
WAREHOUSE, STORAGE
Est. value
$745,000
AUTO REPAIR, GARAGE
Est. value
$590,000
OFFICE BUILDING
RETAIL STORES
WAREHOUSE, STORAGE
AUTO REPAIR, GARAGE
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
1966
Heating
FORCED AIR
Cooling
Yes
Rooms
5
Bathrooms
2
Lot
12.16 ac
Current owner
From public records · entity-resolved
Spring Cove Rv & Mh Park LLC
Entity
Mailing address
19751 RALSTON ST, ORLANDO, FL 32833-5468
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 21, 2023
$930,000
Spring Cove Rv & Mh Park LLC
Spring Cove Rv Park LLC
Warranty Deed
$85,000 · Snowdrop LLC
Jun 21, 2023
—
Spring Cove Rv & Mh Park LLC
—
Deed
related
$20,000 · Wilderness Plateau LLC
May 5, 2022
$300,000
Spring Cove Rv Park LLC
Christopher B Elerick
Warranty Deed
$248,492 · Bancfirst
Oct 9, 2020
—
Jcg Futures LLC
—
Deed
related
$248,000 · Bancfirst
Dec 19, 2014
$107,500
Christoper B Elerick
Judith A Walkingstick
Warranty Deed
$115,000 · Bancfirst
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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