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Property profile & analytics
OFF-MARKET
Commercial real estate
251 Miller Ave Stillwater, OK 74075-7763
Entity Owned
Free & Clear
Property ID
US69-0008257
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Total area
1,263 SF
APN
600090374
UPID
US69-0008257
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
-
Stillwater Flats Condos Condominium Complex
-
Denise Talley Team at One Broker Place Real Estate Agency
-
Weldon Property Management Travel Agency Vacation Rental
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Novoopto LLC
Novoopto LLC
since 2026
Last sale
$200,000
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 Stillwater submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stillwater 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,939
Tax year 2023
Assessed value
$19,109
Assessed 2023
Previous assessed
$22,366
-14.6% YoY
Effective rate
10.15%
On assessed value
Assessed land
$793
Assessed improvement
$18,316
Land market value
$6,960
Improvement market value
$160,670
Total market value
$167,630
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
Heating
YES
Cooling
YES
Stories
10
Total area
1,263 SF
APN
600090374
UPID
US69-0008257
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
Building & site characteristics
From public records
Heating
YES
Cooling
Yes
Stories
10
Current owner
From public records · entity-resolved
Novoopto LLC
Entity
Free & Clear · 0 yrs held
Mailing address
2 LEGATO WAY, THE WOODLANDS, TX 77382-2073
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
70 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2026
$145,000
Novoopto LLC
Salcedo
Warranty Deed
—
Apr 22, 2026
$150,000
Leaseglide Service LLC
Howell Family Enterprises LLC
Warranty Deed
—
Jan 16, 2026
—
Julie Gebert
—
Deed
related
$168,800 · Bokf NA
Dec 31, 2025
$200,000
Blue Atlas Investments LLC
Clarence Mcdonald
Warranty Deed
—
Nov 7, 2025
—
Stillwater Flats 103 LLC
—
Deed
related
$204,000 · First State Bank & Trust
Aug 19, 2025
—
One Broker Place LLC
—
Deed
related
$188,830 · Bancfirst
Jun 12, 2025
$245,000
Charlie Sutherland
Stacey Fergus
Warranty Deed
—
Apr 9, 2025
—
Gregory D Kutz
Gregory D Kutz
Deed
related
—
Mar 14, 2025
$147,500
Brian K Mangan
Sea Investments LLC
Deed
—
Nov 4, 2024
$189,000
Julie Gebert
Tct Property Investments LLC
Warranty Deed
—
Nov 4, 2024
$270,000
John D Bailey
Courtney Davis
Deed
—
Oct 21, 2024
$236,000
Ckr Holdings LLC
Jan Kamler
Warranty Deed
—
Sep 6, 2024
$279,000
Jason Semeleng
Howell Family Enterprises LLC
Warranty Deed
—
Aug 26, 2024
$180,000
Jjmb Properties LLC
Timothy M Whitley
Warranty Deed
—
Aug 20, 2024
$220,000
Akbbeb Living Trust Dated October 2
Scott Wise
Warranty Deed
—
Aug 16, 2024
$255,000
Jjmb Properties LLC
John E Copenhaver
Warranty Deed
—
Aug 8, 2024
$240,000
Sara Jespersen
Stillwater Flats 103 LLC
Warranty Deed
—
Aug 5, 2024
$135,000
Steven Paul Baber
Friendship Properties LLC
Warranty Deed
—
Jun 28, 2024
$265,000
Lori Taylor
Mary Bernice Shednick
Warranty Deed
—
Jun 25, 2024
$180,000
Kerry Kernaghan
Grant Sykes
Warranty Deed
—
Jun 21, 2024
$170,000
Barbara J Pfenning
Noble Haus Properties LLC
Warranty Deed
—
Jun 6, 2024
—
Mlv 251wmiller 214 LLC
Gary Sklenicka
Warranty Deed
—
Jun 5, 2024
$180,000
One Broker Place LLC
D & D Graham Holdings LLC
Warranty Deed
—
May 31, 2024
—
Grant T Sykes
Gls Real Estate LLC
Quitclaim Deed
related
—
Mar 29, 2024
$225,000
Larry D Varner
Frederick Ebot Ashu
Warranty Deed
—
Feb 26, 2024
$180,000
Gregory D Kutz
Ost8 Portfolio LLC
Warranty Deed
—
Jan 26, 2024
$132,000
Mlv 251w Miller 114 LLC
Wgbr Properties LLC
Warranty Deed
—
Jan 25, 2024
$1,000
Swok Investments LLC
Scotty Smith
Warranty Deed
—
Nov 17, 2023
$100,000
Selby Design LLC
Stillwater Development LLC
Warranty Deed
$72,000 · Regent Bank
Nov 14, 2023
$235,000
Jessica Linn Butler
Peanut & Audrey Properties LLC
Warranty Deed
—
Oct 24, 2023
—
Benjamin B Reynolds
Benjamin B Reynolds
Deed
related
—
Sep 6, 2023
$215,000
4jws LLC
Redeka Stiltwater LLC
Warranty Deed
—
Aug 14, 2023
—
418 Sf Properties LLC
Preston Ewing
Warranty Deed
—
Aug 4, 2023
—
Edward A Ehrlich
Edward Ehrlich
Deed
related
—
Jul 18, 2023
$225,000
Thomas Warner
Antonio Meola
Warranty Deed
—
Jun 26, 2023
—
Kagan LLC
Keith Goggans
Quitclaim Deed
related
—
Jun 8, 2023
$114,000
Alberto Salcedo
Stillwater Designer Rentals LLC
Warranty Deed
—
May 17, 2023
$220,000
Courtney Suzanne Davison
Capital City Properties LLC
Warranty Deed
—
May 16, 2023
$172,500
Barbara J Plenning
Brian Thomason
Warranty Deed
—
May 15, 2023
$170,000
Gregory D Johnsen Family LLC
Frederick Ebot Ashu
Warranty Deed
—
Apr 28, 2023
$114,500
M&m I LLC
Stillwatercondo LLC
Warranty Deed
—
Feb 23, 2023
$167,000
Corey A Simmons
Craig A Kennedy
Warranty Deed
$141,950 · Stride Bank NA
Feb 16, 2023
$116,500
Christopher Dolan
Stiliwatercondo LLC
Warranty Deed
$89,405 · Nbc Oklahoma
Feb 13, 2023
$115,000
Ruthian Investment Fund LLC
Stiliwater Development LLC
Warranty Deed
—
Feb 13, 2023
$107,000
Stiliwater Development LLC
Stiliwater Development LLC
Warranty Deed
related
—
Jan 6, 2023
—
Davis Hyer Cale
Leslie Hyer Wright
Deed
—
Jan 6, 2023
$118,000
John Kevan Cox
Stillwater Condo LLC
Warranty Deed
$94,396 · Stride Bank NA
Aug 23, 2022
—
Stillwater Miller Series Of Weldon
Jeffrey S Weldon
Warranty Deed
—
Aug 16, 2022
—
David Dugan
Friendship Properties LLC
Warranty Deed
—
Aug 10, 2022
$115,000
Gregory Eugene Pascuzzi
Stillwatercondo LLC
Warranty Deed
—
Aug 8, 2022
$119,000
Joshua Frazier
Stillwater Development LLC
Warranty Deed
—
Aug 3, 2022
$115,000
David W Seay
Stillwatercondo LLC
Warranty Deed
—
Jul 13, 2022
$350,000
Friendship Properties LLC
Capital City Properties LLC
Warranty Deed
—
Jul 13, 2022
$169,000
Stacey Fergus
Avco Investments LLC
Warranty Deed
—
Jun 30, 2022
—
Timothy M Whitley
Timothy M Whitley
Deed
related
—
Jun 28, 2022
$120,000
Donald Graham Burwell
Stillwatercondo LLC
Warranty Deed
$20,668 · Stride Bank NA
May 24, 2022
$162,500
John Bailey
Deitrick Invesments LLC
Warranty Deed
—
May 24, 2022
$175,000
John Bailey
Stillwater Development LLC
Warranty Deed
—
May 24, 2022
$115,000
John Bailey
Stillwater Development LLC
Warranty Deed
—
Mar 11, 2022
$131,000
Cowan Casey
Crei Still Water LLC
Warranty Deed
—
Jan 3, 2022
$170,000
Stewart Rose Investments Ltd
Crei Stillwater LLC
Warranty Deed
—
Jan 3, 2022
$132,500
Clarence Mcdonald
Crei Stillwater LLC
Warranty Deed
—
Dec 3, 2021
$99,500
Antonio Meola
Crei Stillwater LLC
Warranty Deed
—
Nov 24, 2021
$133,500
Timothy Collins
Wayne Dreler
Warranty Deed
—
Nov 8, 2021
$167,500
Anthony Hicks Keaton
Crei Stillwater LLC
Warranty Deed
$134,000 · Stride Bank NA
Nov 5, 2021
$130,500
Tct Property Investments LLC
Crei Stillwater LLC
Warranty Deed
—
Oct 29, 2021
$132,500
Deborah Sellers
Crei Stillwater LLC
Warranty Deed
—
Oct 14, 2021
$132,500
Charles F Rich
Crei Stllwater LLC
Warranty Deed
—
Oct 5, 2021
$170,000
Edwel The Way Home LLC
Crei Stillwater LLC
Warranty Deed
—
Oct 1, 2021
$129,500
James E Berry III
Cret Stillwater LLC
Warranty Deed
—
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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