Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$585,000
Warehouses
405 9th St Broken Arrow, OK 74012-4411
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US69-0713087
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2009
Construction
STEEL FRAME
Total area
5,600 SF
Lot
0.67 ac (29,098 SF)
Zoning code
CH
APN
80330-84-12-51000
UPID
US69-0713087
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
-
BA Manufacturing LLC. Industrial Manufacturer Production Facility
-
Midland Vinyl Fence&Deck General Contractor Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$525k
CAP Approach
CAP
$605k
Comparable Approach
Comparable
$547k
Blend (final)
Blend
$585k
Owner & transaction history
Elevator Certificate LLC · 3 yrs held
Elevator Certificate LLC
since 2022
Last sale
$600,000
7 recorded transactions
Zoning & alternative use
CH · Broken Arrow, OK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$895,000
+136.0%
Retail stores
$805,000
+112.5%
Office building
$640,000
+69.5%
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 Broken Arrow submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Broken Arrow 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
$580,000
ML approach
$525,000
CAP Approach
CAP Return
Estimation
6%
$655,000
6.5%
$605,000
7%
$565,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$380,000
Current use
AUTO REPAIR, GARAGE
$895,000
Change: +136% · Conversion: Easy
RETAIL STORES
$805,000
Change: +113% · Conversion: Moderate
OFFICE BUILDING
$640,000
Change: +69% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$400,000
Change: +6% · Conversion: Moderate
Blend value · Realmo final
$585k
Range $527k – $644k · ±10% · vs last sale $600k (Aug 31 2022)
Last sale anchor
$600k
Aug 31 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
$104 / 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
$8,626
Tax year 2023
Assessed value
$66,000
Assessed 2023
Previous assessed
$49,973
+32.1% YoY
Effective rate
13.07%
On assessed value
Assessed land
$12,804
Assessed improvement
$53,196
Land market value
$116,400
Improvement market value
$483,600
Total market value
$600,000
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
2009
Construction
STEEL FRAME
Heating
ZONE
Cooling
YES
Stories
1
Total area
5,600 SF
Lot
0.67 ac (29,098 SF)
Zoning code
CH
APN
80330-84-12-51000
UPID
US69-0713087
Jurisdiction
TULSA
Zoning & alternative use
CH · Broken Arrow, OK
Zoning CH · permitted uses
CH · Broken Arrow, OK
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Broken Arrow. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$380,000
AUTO REPAIR, GARAGE
Est. value
$895,000
RETAIL STORES
Est. value
$805,000
OFFICE BUILDING
Est. value
$640,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$400,000
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
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
2009
Construction
STEEL FRAME
Heating
ZONE
Cooling
Yes
Stories
1
Lot
0.67 ac
Current owner
From public records · entity-resolved
Elevator Certificate LLC
Entity
Mailing address
PO BOX 51, JENKS, OK 74037-0051
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 31, 2022
$600,000
Elevator Certificate LLC
Dennis Laxson
Warranty Deed
$510,000 · Bank Of Hydro
Jul 8, 2022
—
Dennis Laxson
L & L Industries LLC
Quit Claim Deed
related
—
Jan 25, 2010
$354,000
L & L Industries LLC
My Three 3 Girls
Quit Claim Deed
related
—
Jul 13, 2009
—
My 3 Girls LLC
—
Trustees Deed
related
$354,050 · Citizens Bank Oklahoma
Feb 13, 2007
$98,000
My3girls LLC
Morrison,jeffrey S
Warranty Deed
$58,318 · Spears Deborah L H Trust (tr)
—
—
L & L Industries LLC
—
Deed Of Trust
related
$388,000 · Tulsa National Bank
—
—
L & L Industries LLC
—
Deed Of Trust
related
$313,600 · Citizens Bank Oklahoma
—
—
L & L Industries LLC
—
Deed Of Trust
related
$378,916 · First Oklahoma 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?”
You own 405 9th St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
