Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,185,000
Warehouses
200 Morrow Rd Sand Springs, OK 74063-6532
Entity Owned
10-yr Hold
Absentee Owner
Free & Clear
Property ID
US69-0492979
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1971
Construction
STEEL FRAME
Total area
13,080 SF
Lot
3.93 ac (171,060 SF)
Zoning code
IM
APN
99114-91-14-28370
UPID
US69-0492979
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
$1.30M
Comparable Approach
Comparable
$1.21M
Blend (final)
Blend
$1.19M
Owner & transaction history
Valued Partners Invs LLC · 10 yrs held
Valued Partners Invs LLC
since 2016
3 recorded transactions
Zoning & alternative use
IM · Sand Springs, OK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
C. Purposes of the IM Industrial Moderate District The IM District is designed to group together a wide range of industrial uses, which may produce moderately objectionable environmental influences in their operation and appearance. 9-2 Zoning Code of the City of Sand Springs D. Purposes of the IH Industrial Heavy District The IH District is designed to prov…
Zone name
Industrial Moderate District
General category
INDUSTRIAL
Zone area
759.36 ac
Source
SSZCCOVER 4-17-07
Top alternative use upside
Office building
$1.5M
+88.9%
Retail stores
$1.4M
+76.7%
Neighborhood: shopping center
$940,000
+16.4%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,410,000
6.5%
$1,300,000
7%
$1,210,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$805,000
Current use
OFFICE BUILDING
$1,520,000
Change: +89% · Conversion: Difficult
RETAIL STORES
$1,425,000
Change: +77% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$940,000
Change: +16% · Conversion: Moderate
Blend value · Realmo final
$1.19M
Range $1.07M – $1.30M · ±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
$91 / 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
$58,741
Tax year 2023
Assessed value
$477,605
Assessed 2023
Previous assessed
$454,862
+5.0% YoY
Effective rate
12.30%
On assessed value
Assessed land
$38,271
Assessed improvement
$439,334
Land market value
$385,600
Improvement market value
$4,426,500
Total market value
$4,812,100
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
1971
Construction
STEEL FRAME
Heating
ZONE
Cooling
YES
Buildings
3
Stories
1
Total area
13,080 SF
Lot
3.93 ac (171,060 SF)
Zoning code
IM
APN
99114-91-14-28370
UPID
US69-0492979
Jurisdiction
TULSA
Zoning & alternative use
IM · Sand Springs, OKZoning IM · permitted uses
IM · Sand Springs, OK
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
C. Purposes of the IM Industrial Moderate District The IM District is designed to group together a wide range of industrial uses, which may produce moderately objectionable environmental influences in their operation and appearance. 9-2 Zoning Code of the City of Sand Springs D. Purposes of the IH Industrial Heavy District The IH District is designed to provide areas for manufacturing and other industrial activities which may constitute substantial environmental influences or hazards. 9-3 Zoning Code of the City of Sand Springs
Zone name
Industrial Moderate District
General category
INDUSTRIAL
Zone area
759.36 ac
Source
SSZCCOVER 4-17-07
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$805,000
OFFICE BUILDING
Est. value
$1.5M
RETAIL STORES
Est. value
$1.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$940,000
WAREHOUSE, STORAGE Current
OFFICE BUILDING
RETAIL STORES
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
1971
Construction
STEEL FRAME
Heating
ZONE
Cooling
Yes
Stories
1
Buildings
3
Lot
3.93 ac
Current owner
From public records · entity-resolved
Valued Partners Invs LLC
Entity
Free & Clear · 10 yrs held
Mailing address
4527 E 91ST ST, TULSA, OK 74137-2810
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
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
May 21, 2018
—
Valued Ptrs Invs LLC
—
Trustees Deed
related
$4,173,276 · Equity Bk Ssb
Jul 20, 2016
$765,000
Valued Partners Invs LLC
Morrow Gill Lumber Co
Warranty Deed
—
Jul 20, 2016
$135,000
Valued Partners Invs LLC
Cheney,carolyn M
Warranty Deed
$249,000 · Patriot Bk
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 200 Morrow 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.
