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Property profile & analytics
OFF-MARKET
Estimated value
$19,470,000
Warehouses
3700 Purdue St Oklahoma City, OK 73179-7650
Entity Owned
4-yr Hold
Free & Clear
Property ID
US69-1134028
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
192,771 SF
Lot
11.2 ac (487,916 SF)
APN
14-194-2580
UPID
US69-1134028
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
$23.48M
Comparable Approach
Comparable
$19.21M
Blend (final)
Blend
$19.47M
Owner & transaction history
South Purdue Avenue II LLC · 4 yrs held
South Purdue Avenue II LLC
since 2022
Last sale
$19.7M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$30.1M
+126.4%
Auto repair, garage
$28.7M
+115.6%
Commercial (general)
$27.3M
+105.0%
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
$19,265,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$25,430,000
6.5%
$23,475,000
7%
$21,795,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$13,295,000
Current use
MEDICAL BUILDING
$30,095,000
Change: +126% · Conversion: Difficult
AUTO REPAIR, GARAGE
$28,660,000
Change: +116% · Conversion: Easy
COMMERCIAL (GENERAL)
$27,260,000
Change: +105% · Conversion: Difficult
OFFICE BUILDING
$24,735,000
Change: +86% · Conversion: Difficult
RETAIL STORES
$23,795,000
Change: +79% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$21,850,000
Change: +64% · Conversion: Moderate
Blend value · Realmo final
$19.47M
Range $17.52M – $21.42M · ±10% · vs last sale $19.70M (Apr 12 2022)
Last sale anchor
$19.70M
Apr 12 2022
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
$101 / 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
$252,044
Tax year 2023
Assessed value
$2,167,000
Assessed 2023
Previous assessed
$165,000
+1,213.3% YoY
Effective rate
11.63%
On assessed value
Assessed land
$165,000
Assessed improvement
$2,002,000
Land market value
$1,500,004
Improvement market value
$18,199,996
Total market value
$19,700,000
Applied tax rate
341.0000
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
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Total area
192,771 SF
Lot
11.2 ac (487,916 SF)
APN
14-194-2580
UPID
US69-1134028
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
$13.3M
MEDICAL BUILDING
Est. value
$30.1M
AUTO REPAIR, GARAGE
Est. value
$28.7M
COMMERCIAL (GENERAL)
Est. value
$27.3M
OFFICE BUILDING
Est. value
$24.7M
RETAIL STORES
Est. value
$23.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$21.9M
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
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
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Lot
11.2 ac
Current owner
From public records · entity-resolved
South Purdue Avenue II LLC
Entity
Free & Clear · 4 yrs held
Mailing address
333 TEXAS ST STE #1050, SHREVEPORT, LA 71101-3680
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 12, 2022
—
South Purdue Avenue II LLC
Sfs Partners LLC
Special Warranty Deed
—
Apr 12, 2022
$19,700,000
Sealy South Purdue Avenue II LLC
Idv Purdue LLC
Special Warranty Deed
—
Sep 9, 2020
$1,500,000
Idv Purdue LLC
Seally Okc Airport Land LLC
Grant Deed
—
Apr 29, 2020
—
Sealy South Purdue Avenue LLC
Sealy Sip Okc Portfolio LLC
Quit Claim Deed
related
—
Jun 29, 2017
$4,331,500
Sealy Okc Airport I LLC
Gijv Okc 4 LLC
Warranty Deed
—
Jun 29, 2017
$1,350,000
Sealy Okc Airport Land LLC
Gijv Okc 9 LLC
Grant Deed
—
Jun 29, 2017
—
Sealy Okc Airport I LLC
Gijv Okc 5 LLC
Grant Deed
related
—
Jun 23, 2017
—
Gijv Okc 9 LLC
Gijv Okc 8 LLC
Quit Claim Deed
related
—
Mar 31, 2015
$1,343,000
Gijv Okc 8 LLC
Sw 36th & Purdue LLC
Grant Deed
—
Oct 29, 2012
$950,000
Sw 36th & Purdue LLC
Adc II Associates LLC
Grant Deed
$654,975 · Interbank Fsb
Jan 22, 2008
$860,000
Adc II Associates LLC
Adc Associates LLC
Grant Deed
related
$560,000 · Stillwater Nat'l Bank & Trust
Feb 22, 1999
$1,127,000
Northwestern Mutual Life Insur
Waip Development Corp
Grant Deed
—
—
—
Sw 36th & Purdue LLC
—
Deed Of Trust
related
$654,975 · Interbank
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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