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Property profile & analytics
OFF-MARKET
Estimated value
$1,040,000
Distribution centers
1823 Hwy 97 Sapulpa, OK 74066-9272
Entity Owned
8-yr Hold
Free & Clear
Property ID
US69-0153813
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1991
Total area
13,500 SF
Lot
2.84 ac (123,710 SF)
APN
1999-23-018-011-0-200-00
UPID
US69-0153813
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
$1.21M
Comparable Approach
Comparable
$941k
Blend (final)
Blend
$1.04M
Owner & transaction history
Hrm Sapulpa LLC · 8 yrs held
Hrm Sapulpa LLC
since 2017
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.6M
+97.0%
Retail stores
$1.5M
+79.7%
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 Sapulpa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sapulpa 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,315,000
6.5%
$1,210,000
7%
$1,125,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$820,000
Current use
AUTO REPAIR, GARAGE
$1,620,000
Change: +97% · Conversion: Easy
RETAIL STORES
$1,480,000
Change: +80% · Conversion: Moderate
Blend value · Realmo final
$1.04M
Range $936k – $1.14M · ±10%
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
$77 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$10,001
Tax year 2023
Assessed value
$84,773
Assessed 2023
Previous assessed
$80,737
+5.0% YoY
Effective rate
11.80%
On assessed value
Assessed land
$10,288
Assessed improvement
$74,485
Land market value
$85,737
Improvement market value
$672,682
Total market value
$758,419
Applied tax rate
30.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1991
Heating
SPACE
Buildings
2
Stories
1
Bathrooms
1
Total area
13,500 SF
Lot
2.84 ac (123,710 SF)
APN
1999-23-018-011-0-200-00
UPID
US69-0153813
Jurisdiction
CREEK
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
WAREHOUSE, STORAGE Current
Est. value
$820,000
AUTO REPAIR, GARAGE
Est. value
$1.6M
RETAIL STORES
Est. value
$1.5M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
RETAIL STORES
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
1991
Heating
SPACE
Stories
1
Buildings
2
Bathrooms
1
Lot
2.84 ac
Current owner
From public records · entity-resolved
Hrm Sapulpa LLC
Entity
Free & Clear · 8 yrs held
Mailing address
4320 VINE ST #80125, HAYS, KS 67601-9594
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 4, 2017
—
Hrm Sapulpa LLC
Jrb Investments LLC
Quit Claim Deed
related
—
Aug 20, 2012
$745,000
Jrb Investments LLC
Mills Family Prop & Mgmt LLC
Warranty Deed
$633,250 · Firstbank Southwest NA
May 10, 2012
—
Mills Family Property & Mgmt L
—
Trustees Deed
related
$193,980 · American Heritage Bank
Apr 26, 2011
—
Mills Family Prop & Mgmt LLC
Mills Rood Fruss INC
Quit Claim Deed
related
$202,222 · American Heritage Bank
Sep 30, 2004
—
Mills Roof Truss INC
—
Trustees Deed
related
$85,127 · American Heritage Bank
—
—
Mills Roof Truss INC
—
Deed Of Trust
related
$193,348 · American Heritage Bank
—
—
Mills Roof Truss INC
—
Deed Of Trust
related
$167,867 · American Heritage Bank
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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