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Property profile & analytics
OFF-MARKET
Warehouses
17419 8th S St Sand Springs, OK 74063-9327
Individually Owned
16-yr Hold
~
Est. High Equity
Property ID
US69-0900894
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Total area
240 SF
Lot
0.9 ac (39,248 SF)
Zoning code
OL
APN
55680-91-06-39000
UPID
US69-0900894
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
Eric D Engel · 16 yrs held
Eric D Engel
since 2009
2 recorded transactions
Zoning & alternative use
OL · Sand Springs, OK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
B. Purposes of the OL Office Low Intensity District The OL District is designed to facilitate the development and preservation of low intensity office development. C. Purposes of the OM Office Medium Intensity District The OM District is designed to provide areas for offices, together with certain community facilities normally compatible with primary office…
Zone name
Office Low Intensity District
General category
UNKNOWN
Zone area
3.83 ac
Source
SSZCCOVER 4-17-07
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 Sand Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sand Springs 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
$647
Tax year 2023
Assessed value
$5,665
Assessed 2023
Previous assessed
$3,300
+71.7% YoY
Effective rate
11.42%
On assessed value
Assessed land
$3,300
Assessed improvement
$2,365
Land market value
$30,000
Improvement market value
$21,500
Total market value
$51,500
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
Heating
YES
Stories
1
Total area
240 SF
Lot
0.9 ac (39,248 SF)
Zoning code
OL
APN
55680-91-06-39000
UPID
US69-0900894
Jurisdiction
TULSA
Zoning & alternative use
OL · Sand Springs, OKZoning OL · permitted uses
OL · Sand Springs, OK
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
B. Purposes of the OL Office Low Intensity District The OL District is designed to facilitate the development and preservation of low intensity office development. C. Purposes of the OM Office Medium Intensity District The OM District is designed to provide areas for offices, together with certain community facilities normally compatible with primary office uses. It is designed to preserve existing medium intensit y office development and to facilitate the development of new medium intensity office areas. D. Purposes of the OH Office High Intensity District The OH District is designed to provide for multi -story office development in areas that have been designated as High Intensity Office or Special District by the Comprehensive Plan. 6-2 Zoning Code of the City of Sand Springs
Zone name
Office Low Intensity District
General category
UNKNOWN
Zone area
3.83 ac
Source
SSZCCOVER 4-17-07
Building & site characteristics
From public records
Heating
YES
Stories
1
Lot
0.9 ac
Current owner
From public records · entity-resolved
Eric D Engel
Individual
Mailing address
243 S 176TH W AVE, SAND SPRINGS, OK 74063-5228
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 26, 2009
$30,000
Eric D Engel
Layman Thomas C Trust
Warranty Deed
$25,000 · Layman Thomas C Trust (pt)
Mar 26, 2009
—
Harris Gene B Trust
Harris,gene B & Sherran L
Quit Claim Deed
related
—
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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