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Property profile & analytics
OFF-MARKET
Warehouses
16221 161st E Ave Bixby, OK 74008-7242
Entity Owned
2-yr Hold
Free & Clear
Property ID
US69-0428330
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2019
Total area
3,000 SF
Lot
1.24 ac (54,014 SF)
Zoning code
AG
APN
97426-74-26-26310
UPID
US69-0428330
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
by Request
Owner & transaction history
Nch Investments LLC · 2 yrs held
Nch Investments LLC
since 2023
Last sale
$25,000
7 recorded transactions
Zoning & alternative use
AG · Bixby, OK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
It is intended to encourage and protect agricultural land until an orderly transition to urban development may be accomplished, Discourage wasteful scattering of development in rural areas, and to obtain economy of public fund expenditures for improvements and services.
Zone name
Agricultural
General category
AGRICULTURAL
Zone area
5,320.00 ac
Source
Realmo
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 Bixby submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bixby 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
$4,415
Tax year 2023
Assessed value
$37,444
Assessed 2023
Previous assessed
$34,897
+7.3% YoY
Effective rate
11.79%
On assessed value
Assessed land
$2,970
Assessed improvement
$34,474
Land market value
$27,000
Improvement market value
$313,400
Total market value
$340,400
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
2019
Heating
NONE
Cooling
NONE
Buildings
4
Stories
1
Bathrooms
1
Total area
3,000 SF
Lot
1.24 ac (54,014 SF)
Zoning code
AG
APN
97426-74-26-26310
UPID
US69-0428330
Jurisdiction
TULSA
Zoning & alternative use
AG · Bixby, OKZoning AG · permitted uses
AG · Bixby, OK
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
It is intended to encourage and protect agricultural land until an orderly transition to urban development may be accomplished, Discourage wasteful scattering of development in rural areas, and to obtain economy of public fund expenditures for improvements and services.
Zone name
Agricultural
General category
AGRICULTURAL
Zone area
5,320.00 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2019
Heating
NONE
Cooling
Yes
Stories
1
Buildings
4
Bathrooms
1
Lot
1.24 ac
Current owner
From public records · entity-resolved
Nch Investments LLC
Entity
Free & Clear · 2 yrs held
Mailing address
4359 S YALE AVE, TULSA, OK 74135-6333
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 24, 2023
—
Nch Investments LLC
Ch Investment LLC
Intrafamily Transfer
related
—
Sep 14, 2023
—
Ch Investments LLC
John Ngo
Intrafamily Transfer
related
—
Aug 7, 2020
—
John Ngo
John Ngo
Correction Deed
related
—
Jun 10, 2020
—
John Ngo
John Ngo
Quit Claim Deed
related
—
May 4, 2020
$10,000
John Ngo
Bryan K Lechlider
Warranty Deed
related
—
Mar 22, 2007
$25,000
Kelly Lechlider
Mcclain,joanne
Warranty Deed
—
Jan 31, 2003
—
Joanne Mcclain
Mclaren,ronnie G
Quit Claim Deed
related
—
Dec 6, 1999
$32,000
Ronnie G Mclaren
Mcclain,bruce E & Joanne E
Grant Deed
$32,000 · Seller
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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