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Property profile & analytics
OFF-MARKET
Estimated value
$985,000
Flex space
18333 Admiral Pl Catoosa, OK 74015-2814
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US69-2282903
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1985
Construction
STEEL FRAME
Total area
16,252 SF
Lot
1.21 ac (52,533 SF)
Zoning code
IL
APN
21735-94-01-14010
UPID
US69-2282903
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
-
Blue Arc Networks Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$970k
CAP Approach
CAP
$1.33M
Comparable Approach
Comparable
$817k
Blend (final)
Blend
$985k
Owner & transaction history
74th Investment LLC · 2 yrs held
74th Investment LLC
since 2023
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
IL · Catoosa, OK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The IL District is designed to provide areas suitable for research institutions, specialized manufacturing, wholesaling, warehousing, and other industrial activities which have minimal objectionable environmental influences on adjacent uses
Zone name
Industrial Light District
General category
INDUSTRIAL
Zone area
285.38 ac
Source
Realmo
Top alternative use upside
Neighborhood: shopping center
$1.2M
+9.1%
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 Catoosa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Catoosa 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
$975,000
ML approach
$970,000
CAP Approach
CAP Return
Estimation
6%
$1,440,000
6.5%
$1,330,000
7%
$1,235,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,070,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,165,000
Change: +9% · Conversion: Difficult
Blend value · Realmo final
$985k
Range $887k – $1.08M · ±10% · vs last sale $1.00M (Aug 21 2023)
Last sale anchor
$1.00M
Aug 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
$61 / 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
$8,528
Tax year 2023
Assessed value
$63,525
Assessed 2023
Previous assessed
$63,525
+0.0% YoY
Effective rate
13.42%
On assessed value
Assessed land
$17,325
Assessed improvement
$46,200
Land market value
$157,500
Improvement market value
$420,000
Total market value
$577,500
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1985
Construction
STEEL FRAME
Heating
ZONE
Cooling
YES
Stories
1
Total area
16,252 SF
Lot
1.21 ac (52,533 SF)
Zoning code
IL
APN
21735-94-01-14010
UPID
US69-2282903
Jurisdiction
TULSA
Zoning & alternative use
IL · Catoosa, OKZoning IL · permitted uses
IL · Catoosa, OK
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The IL District is designed to provide areas suitable for research institutions, specialized manufacturing, wholesaling, warehousing, and other industrial activities which have minimal objectionable environmental influences on adjacent uses
Zone name
Industrial Light District
General category
INDUSTRIAL
Zone area
285.38 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.2M
INDUSTRIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
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
1985
Construction
STEEL FRAME
Heating
ZONE
Cooling
Yes
Stories
1
Lot
1.21 ac
Current owner
From public records · entity-resolved
74th Investment LLC
Entity
Mailing address
4028 W ROANOLLE ST, BROKEN ARROW, OK 74011
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 21, 2023
$1,000,000
74th Investment LLC
Heila Vinna INC
Warranty Deed
$750,000 · Great Southern Bank
May 1, 2014
$550,000
Axiom Audio INC
James C Johnson
Warranty Deed
$562,700 · Jpmorgan Chase Bank NA
Sep 4, 2012
$400,000
Abs Realty LLC
Drilling Equipment Locator Int
Warranty Deed
$280,000 · Enterprise Bank & Trust
Sep 4, 2012
—
Equipment Locator Int Drilling
Johnson,james C
Grant Deed
related
—
Aug 5, 2011
—
Equipment Locators In Drilling
Johnson,james C
Warranty Deed
—
Jul 1, 2008
—
James C Johnson
—
Trustees Deed
related
$300,000 · Arvest Bank
Nov 7, 2007
$487,500
James C Johnson
Lakeshore Food Systems Of Tulsa I
Warranty Deed
$390,000 · Arvest Bank
Jun 19, 2006
—
Lakeshore Food Systems Of Tulsa I
—
Trustees Deed
related
$65,400 · Bank Of Commerce Catoosa
Mar 7, 2005
—
Lakeshore Food Systems Of Tulsa I
—
Trustees Deed
related
$499,500 · Bank Of Commerce
Nov 12, 2004
—
Lakeshore Food Systems Of Tulsa I
—
Trustees Deed
related
$50,000 · Bank Of Commerce
Sep 30, 2004
—
Lakeshore Food Systems Of Tulsa I
—
Trustees Deed
related
$350,000 · Bank Of Commerce
—
—
Lakeshore Food Systems Tulsa
—
Deed Of Trust
related
$102,875 · Bank Of Commerce
—
—
James C Johnson
—
Deed Of Trust
related
$1,992,000 · 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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