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Property profile & analytics
OFF-MARKET
Estimated value
$3,745,000
Warehouses
317 31st St Oklahoma City, OK 73105-4005
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US69-0726948
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1961
Construction
BRICK
Total area
33,280 SF
Lot
1.07 ac (46,522 SF)
APN
03-619-1085
UPID
US69-0726948
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
-
Oklahoma Tourism & Recreation Warehouse Warehouse & Storage
-
Exoticus Agricultural Engineer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.91M
CAP Approach
CAP
$4.06M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.75M
Owner & transaction history
Cp Management LLC · 3 yrs held
Cp Management LLC
since 2023
Last sale
$3.5M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$5.2M
+126.4%
Auto repair, garage
$5.0M
+115.6%
Office building
$4.3M
+86.0%
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 Oklahoma City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oklahoma City 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
$3,765,000
ML approach
$3,910,000
CAP Approach
CAP Return
Estimation
6%
$4,390,000
6.5%
$4,055,000
7%
$3,765,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,295,000
Current use
MEDICAL BUILDING
$5,195,000
Change: +126% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,950,000
Change: +116% · Conversion: Easy
OFFICE BUILDING
$4,270,000
Change: +86% · Conversion: Difficult
RETAIL STORES
$4,110,000
Change: +79% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$3,770,000
Change: +64% · Conversion: Moderate
COMMERCIAL (GENERAL)
$3,280,000
Change: +43% · Conversion: Difficult
Blend value · Realmo final
$3.75M
Range $3.37M – $4.12M · ±10% · vs last sale $3.50M (Apr 3 2023)
Last sale anchor
$3.50M
Apr 3 2023
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
$113 / 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
$11,395
Tax year 2023
Assessed value
$92,778
Assessed 2023
Previous assessed
$88,359
+5.0% YoY
Effective rate
12.28%
On assessed value
Assessed land
$15,699
Assessed improvement
$77,079
Land market value
$155,882
Improvement market value
$765,363
Total market value
$921,245
Applied tax rate
200.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1961
Construction
BRICK
Heating
SPACE
Stories
1
Units
1
Total area
33,280 SF
Lot
1.07 ac (46,522 SF)
APN
03-619-1085
UPID
US69-0726948
Jurisdiction
OKLAHOMA
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
WAREHOUSE, STORAGE Current
Est. value
$2.3M
MEDICAL BUILDING
Est. value
$5.2M
AUTO REPAIR, GARAGE
Est. value
$5.0M
OFFICE BUILDING
Est. value
$4.3M
RETAIL STORES
Est. value
$4.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.8M
COMMERCIAL (GENERAL)
Est. value
$3.3M
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
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
1961
Construction
BRICK
Heating
SPACE
Stories
1
Units
1
Lot
1.07 ac
Current owner
From public records · entity-resolved
Cp Management LLC
Entity
Mailing address
124 NW 10TH ST, OKLAHOMA CITY, OK 73103-4904
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 3, 2023
$3,500,000
Cp Management LLC
31st 70 LLC
Special Warranty Deed
$2,435,951 · Shamrock Bank NA
Sep 12, 2017
—
31st & 70 LLC
—
Loan Modification
related
$2,467,480 · First Liberty Bk
Dec 13, 2012
—
31st & 70 LLC
—
Deed Of Trust
related
$2,200,000 · First Liberty Bank
Jul 11, 2006
$2,100,000
31st/70 LLC
E & H Holding Co LLC
Grant Deed
$2,110,000 · Union Bank
—
—
E & H Holding Co LLC
—
Deed Of Trust
related
$500,000 · Quail Creek Bank
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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