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Property profile & analytics
OFF-MARKET
Estimated value
$2,360,000
Warehouses
5001 3rd St Oklahoma City, OK 73127-6403
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US69-0964612
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2015
Construction
STEEL FRAME
Total area
14,400 SF
Lot
2.47 ac (107,593 SF)
APN
20-876-1050
UPID
US69-0964612
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
-
Flowers Baking Co (Nature's Own) Bakery Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.76M
Comparable Approach
Comparable
$2.46M
Blend (final)
Blend
$2.36M
Owner & transaction history
Sweet Sweetie 2 LLC · 1 yrs held
Sweet Sweetie 2 LLC
since 2025
Last sale
$2.6M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$3.0M
+107.3%
Medical building
$2.3M
+53.0%
Auto repair, garage
$2.1M
+45.7%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,900,000
6.5%
$1,755,000
7%
$1,630,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,470,000
Current use
COMMERCIAL (GENERAL)
$3,045,000
Change: +107% · Conversion: Difficult
MEDICAL BUILDING
$2,250,000
Change: +53% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,140,000
Change: +46% · Conversion: Easy
OFFICE BUILDING
$1,850,000
Change: +26% · Conversion: Difficult
RETAIL STORES
$1,780,000
Change: +21% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$1,630,000
Change: +11% · Conversion: Moderate
Blend value · Realmo final
$2.36M
Range $2.12M – $2.60M · ±10% · vs last sale $2.61M (Dec 19 2024)
Last sale anchor
$2.61M
Dec 19 2024
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
$164 / 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
$16,968
Tax year 2023
Assessed value
$139,188
Assessed 2023
Previous assessed
$139,188
+0.0% YoY
Effective rate
12.19%
On assessed value
Assessed land
$33,728
Assessed improvement
$105,460
Land market value
$306,626
Improvement market value
$958,720
Total market value
$1,265,346
Applied tax rate
501.0000
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
2015
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Units
1
Total area
14,400 SF
Lot
2.47 ac (107,593 SF)
APN
20-876-1050
UPID
US69-0964612
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
$1.5M
COMMERCIAL (GENERAL)
Est. value
$3.0M
MEDICAL BUILDING
Est. value
$2.3M
AUTO REPAIR, GARAGE
Est. value
$2.1M
OFFICE BUILDING
Est. value
$1.9M
RETAIL STORES
Est. value
$1.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.6M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
2015
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Units
1
Lot
2.47 ac
Current owner
From public records · entity-resolved
Sweet Sweetie 2 LLC
Entity
Mailing address
PO BOX 1063, NORMAN, OK 73070-1063
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
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
Mar 19, 2025
$2,610,000
Sweet Sweetie 2 LLC
Aaflokc LLC
Special Warranty Deed
$775,000 · First National Bank Of Oklahoma
Feb 1, 2019
—
Aaflokc LLC
Edward L Scribner
Quit Claim Deed
related
$140,000 · Peoples Bank & Trust Co
Sep 22, 2016
—
Waip LLC
—
Deed
related
$426,766 · Interbank
Feb 9, 2015
$235,000
Edward L Scribner
Waip LLC
Warranty Deed
—
—
—
Edward L Scribner
—
Deed Of Trust
related
$1,584,000 · Exchange Bk
—
—
Waip LLC
—
Loan Modification
related
$426,766 · 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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