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Property profile & analytics
OFF-MARKET
Warehouses
1605 Detroit St Broken Arrow, OK 74012-3620
Individually Owned
23-yr Hold
Absentee Owner
Free & Clear
Property ID
US69-0280978
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1987
Construction
STEEL FRAME
Total area
1,500 SF
Lot
0.37 ac (16,074 SF)
Zoning code
IL
APN
79365-84-10-32520
UPID
US69-0280978
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
-
Tulsa County Custom Powder Coating Powder Coating Service
-
BA Custom Powder Coating Powder Coating Service
-
Party Rock Entertainment Party Supply Store Rental Equipment Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Richard Spradling · 23 yrs held
Richard Spradling
since 2003
5 recorded transactions
Zoning & alternative use
IL · Broken Arrow, OK
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 Broken Arrow submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Broken Arrow 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$970
Tax year 2023
Assessed value
$7,425
Assessed 2023
Previous assessed
$7,425
+0.0% YoY
Effective rate
13.06%
On assessed value
Assessed land
$3,982
Assessed improvement
$3,443
Land market value
$36,200
Improvement market value
$31,300
Total market value
$67,500
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
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1987
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Total area
1,500 SF
Lot
0.37 ac (16,074 SF)
Zoning code
IL
APN
79365-84-10-32520
UPID
US69-0280978
Jurisdiction
TULSA
Zoning & alternative use
IL · Broken Arrow, OK
Zoning IL · permitted uses
IL · Broken Arrow, OK
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Broken Arrow. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1987
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Lot
0.37 ac
Current owner
From public records · entity-resolved
Richard Spradling
Individual
Free & Clear · 23 yrs held
Mailing address
8329 S 5TH ST, BROKEN ARROW, OK 74011-8829
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2003
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
Oct 10, 2016
—
Spradling Living Trust
—
Trustees Deed
related
$14,000 · Arvest Mtg
Feb 27, 2008
—
Spradling Living Trust
—
Trustees Deed
related
$80,000 · Arvest Bank
Jan 13, 2003
—
Richard Spradling
Spradling,richard & Nancy
Quit Claim Deed
related
—
Aug 21, 1998
$60,500
Richard Spradling
Dearhamer,todd A & Tina
Grant Deed
—
—
—
Spradling Living Trust
—
Loan Modification
related
$85,000 · Arvest Mtg
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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