Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$685,000
Strip malls
1908 Eseco Rd Cushing, OK 74023-5517
Entity Owned
5-yr Hold
Free & Clear
Property ID
US69-0913784
Property summary
AI-generated overview
This exceptional 18.45-acre commercial property in Cushing, Oklahoma, presents a significant investment opportunity. Situated in the heart of Cushing's South Tank Farms, this property boasts substantial existing structures. A large 7,500 square foot heated and insulated red iron/metal building features halogen lighting, a half bath, and loft storage. Additionally, a 5,500 square foot office building offers multiple offices, a conference room, reception area, kitchen, two half baths, and two storage rooms. Further enhancing the property's utility are a 36 x 45 metal barn, several storage containers, and a containment shed with a truck loading dock. The entire property is fully fenced and includes a gravel driveway connecting all buildings. Rural water service is included, along with a sizable pond. The total square footage of the land is 803,682 square feet. The asking price for this turnkey commercial site is $825,000. Showings are by appointment only. This property is located at 1908 E Eseco Road, Cushing, OK 74023.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2013
Total area
5,050 SF
Lot
18.45 ac (803,769 SF)
APN
600007758
UPID
US69-0913784
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
-
Industrial Maintenance Contractor Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$567k
Blend (final)
Blend
$685k
Owner & transaction history
Tjb Capital Resources INC · 5 yrs held
Tjb Capital Resources INC
since 2021
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$845,000
+106.4%
Retail stores
$785,000
+91.1%
Commercial (general)
$780,000
+90.8%
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 Cushing submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cushing 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$845,000
Change: +106% · Conversion: Moderate
RETAIL STORES
$785,000
Change: +91% · Conversion: Easy
COMMERCIAL (GENERAL)
$780,000
Change: +91% · Conversion: Easy
AUTO REPAIR, GARAGE
$465,000
Change: +14% · Conversion: Difficult
Blend value · Realmo final
$685k
Range $617k – $754k · ±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
$136 / 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
$3,630
Tax year 2023
Assessed value
$43,050
Assessed 2023
Previous assessed
$41,000
+5.0% YoY
Effective rate
8.43%
On assessed value
Assessed land
$6,748
Assessed improvement
$36,302
Land market value
$104,030
Improvement market value
$559,570
Total market value
$663,600
Applied tax rate
67.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2013
Heating
YES
Cooling
YES
Buildings
6
Stories
10
Total area
5,050 SF
Lot
18.45 ac (803,769 SF)
APN
600007758
UPID
US69-0913784
Jurisdiction
PAYNE
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
OFFICE BUILDING
Est. value
$845,000
RETAIL STORES
Est. value
$785,000
COMMERCIAL (GENERAL)
Est. value
$780,000
AUTO REPAIR, GARAGE
Est. value
$465,000
OFFICE BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
2013
Heating
YES
Cooling
Yes
Stories
10
Buildings
6
Lot
18.45 ac
Current owner
From public records · entity-resolved
Tjb Capital Resources INC
Entity
Free & Clear · 5 yrs held
Mailing address
145 FAIRWATER DR, MONTGOMERY, TX 77356-5594
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 4, 2021
—
Tjb Capital Resources INC
Maint Contractors C Industrial
Warranty Deed
—
May 7, 2007
$255,000
Industrial Maintenance Contrac
H & M Management Co LLC
Warranty Deed
related
—
May 3, 2006
$175,000
H & M Management Co LLC
Onb Bank & Trust
Grant 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1908 Eseco Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
