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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Commercial real estate
21400 59th St, Mustang, OK 73064
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US69-0560750
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2011
Total area
2,400 SF
Lot
16.21 ac (706,238 SF)
APN
90121526
UPID
US69-0560750
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
$460k
CAP Approach
CAP
$450k
Comparable Approach
Comparable
$604k
Blend (final)
Blend
$505k
Owner & transaction history
Horizon Ag Products LP · 3 yrs held
Horizon Ag Products LP
since 2022
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Mustang submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mustang 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
$460,000
CAP Approach
CAP Return
Estimation
6%
$485,000
6.5%
$450,000
7%
$415,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$740,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$505k
Range $455k – $556k · ±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
$210 / 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
$36,206
Tax year 2023
Assessed value
$406,761
Assessed 2023
Previous assessed
$359,085
+13.3% YoY
Effective rate
8.90%
On assessed value
Assessed land
$59,324
Assessed improvement
$347,437
Land market value
$494,367
Improvement market value
$2,895,306
Total market value
$3,389,673
Applied tax rate
5.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2011
Heating
FORCED AIR
Cooling
AC.PACKAGE
Buildings
9
Stories
1
Total area
2,400 SF
Lot
16.21 ac (706,238 SF)
APN
90121526
UPID
US69-0560750
Jurisdiction
CANADIAN
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
AUTO REPAIR, GARAGE
Est. value
$740,000
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
2011
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
9
Lot
16.21 ac
Current owner
From public records · entity-resolved
Horizon Ag Products LP
Entity
Mailing address
1819 DENVER W DR STE #350, LAKEWOOD, CO 80401-3118
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 30, 2022
—
Horizon Ag Products LP
Vaquero LLC
Special Warranty Deed
—
Mar 3, 2022
$3,300,000
Vaquero LLC
Uvt Development LLC
Special Warranty Deed
—
Mar 24, 2020
—
Uvt Development LLC
—
Deed
related
$60,000,000 · Whitney Bank
Sep 17, 2019
—
Uvt Development LLC
—
Deed
related
$2,776,000 · Midsouth Bank NA
Aug 6, 2018
$1,700,000
Uvt Dev LLC
Parsons Welding INC
Warranty Deed
$1,350,000 · Parson's Welding INC
—
—
Parsons Welding INC
—
Deed Of Trust
related
$814,883 · Great Plains National Bank
—
—
Parsons Welding INC
—
Deed Of Trust
related
$606,667 · Great Plains National Bank
—
—
Parsons Welding INC
—
Deed Of Trust
related
$758,318 · Great Plains National 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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