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Property profile & analytics
FOR SALE
Manufacturing properties
2309 E Highway 66 El Reno, OK 73036
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US69-0532458
For Sale
1 / 45
$1,900,900
2309 E Highway 66, El Reno, OK 73036
View Listing →
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1978
Total area
2,160 SF
Lot
9.09 ac (395,960 SF)
APN
90028528
UPID
US69-0532458
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
$590k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$530k
Owner & transaction history
Hung Quoc Quang Ngo · 5 yrs held
Hung Quoc Quang Ngo
since 2020
Last sale
$502,500
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$410,000
+324.2%
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 El Reno submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs El Reno 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
$530,000
ML approach
$590,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$410,000
Change: +324% · Conversion: Difficult
Blend value · Realmo final
$530k
Range $477k – $583k · ±10% · vs last sale $503k (Sep 28 2020)
Last sale anchor
$503k
Sep 28 2020
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
$245 / 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
$9,496
Tax year 2023
Assessed value
$129,600
Assessed 2023
Previous assessed
$127,639
+1.5% YoY
Effective rate
7.33%
On assessed value
Assessed land
$28,509
Assessed improvement
$101,091
Land market value
$237,576
Improvement market value
$842,424
Total market value
$1,080,000
Applied tax rate
25.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Sale
Year built
1978
Heating
SPACE
Cooling
EVAPORATIVE
Buildings
5
Stories
1
Total area
2,160 SF
Lot
9.09 ac (395,960 SF)
APN
90028528
UPID
US69-0532458
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
COMMERCIAL (GENERAL)
Est. value
$410,000
COMMERCIAL (GENERAL)
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
1978
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
5
Lot
9.09 ac
Current owner
From public records · entity-resolved
Hung Quoc Quang Ngo
Individual
Mailing address
9345 SW 21ST ST, OKLAHOMA CITY, OK 73128-4928
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 28, 2020
$502,500
Hung Quoc Quang Ngo
Permian Tank & Manufacturing INC
Special Warranty Deed
$382,000 · First National Bank
Jun 18, 2018
—
Permian Tank & Mfg INC
—
Grant Deed
related
$36,000,000 · New Mtn Fin Corp
Jun 20, 2005
$375,000
Ghw Holding Co INC
Downtown Property LLC
Warranty Deed
related
—
—
—
Permian Tank & Mfg INC
—
Deed Of Trust
related
$946,220 · Wilmington Trust (ct)
—
—
Permian Tank & Mfg INC
—
Loan Modification
related
—
—
—
Permian Tank & Mfg INC
—
Loan Modification
related
—
—
—
Permian Tank & Mfg INC
—
Deed Of Trust
related
$946,220 · Wells Fargo Bank
—
—
Ghw Holding Co INC
—
Deed Of Trust
related
—
—
—
Ghw Holding Co INC
—
Deed Of Trust
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.
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