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Property profile & analytics
OFF-MARKET
Flex space
314 5Th Ave Owasso, OK 74055
Entity Owned
Property ID
US69-2367747
Property summary
AI-generated overview
This exceptional new commercial development in Owasso, Oklahoma, offers three modern industrial flex spaces, ideal for a variety of businesses. Located at 314 E 5th Ave, 74055, this property boasts a total of 64,800 square feet, with individual units ranging from 2,400 to a maximum contiguous 14,400 square feet. Built in 2024, the buildings feature 16-17 foot clear heights, 14x14 overhead doors in each unit, and climate control (8-ton unit per 2,400 sq ft). The IL zoning allows for commercial showroom, storage, and light industrial uses. Enjoy excellent highway visibility and convenient access to major roadways. Each space includes distinctive storefront and building signage opportunities. This development offers a strong tenant mix, including fitness, golf simulation, and outdoor recreation businesses. This is a prime opportunity to establish your business in a thriving Owasso location.
Property profile
Verified
Property type
Flex space
Year built
2024
Total area
64,800 SF
UPID
US69-2367747
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
-
Advanced Orthopedics Physical Therapy Medical Clinic
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Twisted Tee Golf Golf Course
-
Martin Outdoor Tackle Gym & Fitness Center Sports Field & Court
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ElevateMed Wellness Medical Clinic
-
Clinch Martial Arts Academy - Owasso Training Center Sports School
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
5th Ave Business Park LLC
5th Ave Business Park LLC
since 2026
2 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 Owasso submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Owasso 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
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
Flex space
Status
Off-Market
Year built
2024
Total area
64,800 SF
UPID
US69-2367747
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
2024
Current owner
From public records · entity-resolved
5th Ave Business Park LLC
Entity
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 2, 2026
—
5th Ave Business Park LLC
—
Deed
related
$2,208,565 · First Bank Of Owasso
Jul 16, 2025
—
5th Ave Business Park LLC
—
Deed
related
$300,000 · First Bank Of Owasso
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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