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Property profile & analytics
FOR SALE
Auto shops
302 E Main St Cushing, OK 74023
Individually Owned
7-yr Hold
Free & Clear
Property ID
US69-0848204
For Sale
1 / 25
$635,000
302 E Main St, Cushing, OK 74023
View Listing →
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1950
Total area
4,240 SF
Lot
12 ac (522,720 SF)
APN
600012203
UPID
US69-0848204
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
-
TKO Equipment Sales and Rental (Bike/Boat/Book/etc) Store Rental Equipment Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$609k
Blend (final)
Blend
$655k
Owner & transaction history
Tko Const Welding & Fabricatio · 7 yrs held
Tko Const Welding & Fabricatio
since 2018
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$710,000
+81.6%
Retail stores
$660,000
+68.1%
Commercial (general)
$655,000
+67.8%
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
$710,000
Change: +82% · Conversion: Difficult
RETAIL STORES
$660,000
Change: +68% · Conversion: Difficult
COMMERCIAL (GENERAL)
$655,000
Change: +68% · Conversion: Moderate
Blend value · Realmo final
$655k
Range $590k – $721k · ±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
$154 / 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
$4,659
Tax year 2023
Assessed value
$55,245
Assessed 2023
Previous assessed
$52,615
+5.0% YoY
Effective rate
8.43%
On assessed value
Assessed land
$3,239
Assessed improvement
$52,006
Land market value
$31,080
Improvement market value
$498,920
Total market value
$530,000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
For Sale
Year built
1950
Heating
NONE
Cooling
NONE
Buildings
4
Stories
10
Total area
4,240 SF
Lot
12 ac (522,720 SF)
APN
600012203
UPID
US69-0848204
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
$710,000
RETAIL STORES
Est. value
$660,000
COMMERCIAL (GENERAL)
Est. value
$655,000
OFFICE BUILDING
RETAIL STORES
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
1950
Heating
NONE
Cooling
Yes
Stories
10
Buildings
4
Lot
12 ac
Current owner
From public records · entity-resolved
Tko Const Welding & Fabricatio
Individual
Free & Clear · 7 yrs held
Mailing address
306 N MAIN ST, CUSHING, OK 74023
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2025
—
Tko Construction Welding & Fabricat
—
Deed
related
$378,579 · Payne County Bank An Oklahom
Mar 13, 2020
—
Tko Const Welding & Pab LLC
—
Deed
related
$381,088 · Payne Cnty Bk
Jul 1, 2019
—
Tko Const Welding & Fabricatio
—
Deed
related
$269,749 · Payne Cnty Bk
Nov 29, 2018
$150,000
Tko Const Welding & Fabricatio
Newberry,shirley G
Warranty Deed
—
—
—
Tko Const Welding & Fabricatio
—
Deed Of Trust
related
$269,749 · Payne Cnty Bk
—
—
Tko Const Welding & Pab LLC
—
Deed Of Trust
related
$381,088 · Payne Cnty 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?”
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