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Property profile & analytics
OFF-MARKET
Warehouses
311 11th Stwag Wagoner, OK 74467
Entity Owned
2-yr Hold
Free & Clear
Property ID
US69-0985408
Property summary
AI-generated overview
This exceptional 6.5-acre industrial property, located at 311 SE 11th Street in Wagoner, Oklahoma, presents a prime development opportunity. Boasting 29,600 square feet of space, the property is zoned IND and offers significant potential for various industrial uses, including cannabis cultivation (per the seller's marketing materials). Built in 2009, the building features a metal roof, concrete flooring, and vaulted ceilings. The lot provides 791 feet of frontage. Utilities including electricity, natural gas, and water are readily available. This offering is particularly attractive due to the owner-carry financing option, making it a more accessible investment. The property is situated in Wagoner County, Oklahoma, with a zip code of 74467. Additional land may be available. This is a rare chance to acquire a substantial industrial property in a growing market. The asking price is $1,890,000.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1997
Total area
2,400 SF
APN
010798-002007-00000
UPID
US69-0985408
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
420 Main Street LLC · 2 yrs held
420 Main Street LLC
since 2023
Last sale
$435,000
6 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 Wagoner submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wagoner 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
$938
Tax year 2023
Assessed value
$10,162
Assessed 2023
Previous assessed
$128,686
-92.1% YoY
Effective rate
9.23%
On assessed value
Assessed land
$2,081
Assessed improvement
$8,081
Land market value
$18,581
Improvement market value
$72,150
Total market value
$90,731
Applied tax rate
12.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1997
Heating
SPACE
Cooling
AC.PACKAGE
Stories
1
Total area
2,400 SF
APN
010798-002007-00000
UPID
US69-0985408
Jurisdiction
WAGONER
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
Year built
1997
Heating
SPACE
Cooling
Yes
Stories
1
Current owner
From public records · entity-resolved
420 Main Street LLC
Entity
Free & Clear · 2 yrs held
Mailing address
PO BOX 485, LAGUNA BEACH, CA 92652-0485
Ownership since
2023
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
Aug 11, 2023
—
420 Main Street LLC
420 Main Street LLC
Intrafamily Transfer
related
—
Nov 10, 2016
—
Owen L Marks
—
Deed
related
$118,380 · First Bk
May 13, 2011
—
Owen L Marks
—
Trustees Deed
related
$150,990 · First Bank & Trust
Mar 9, 2011
—
Owen L Marks
Wagoner Indl Dev Authority
Grant Deed
$605,064 · First Bank & Trust
—
—
Owen L Marks
—
Deed Of Trust
related
$601,806 · First Bank & Trust
—
—
Owen L Marks
—
Loan Modification
related
$118,380 · First 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.
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