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Property profile & analytics
OFF-MARKET
Estimated value
$1,000,000
Office buildings
502 Main St Stillwater, OK 74074-4034
Entity Owned
3-yr Hold
Free & Clear
Property ID
US69-0895967
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1934
Total area
6,162 SF
Lot
2 ac (87,120 SF)
APN
600045964
UPID
US69-0895967
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
-
Keystone Foodservice Catering Service Take-out & Catering
-
Ted's Tacos and Cantina Restaurant
-
The Monarch Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.03M
CAP Approach
CAP
$1.34M
Comparable Approach
Comparable
$669k
Blend (final)
Blend
$1.00M
Owner & transaction history
Pointe Capital LLC · 3 yrs held
Pointe Capital LLC
since 2023
Last sale
$950,000
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.1M
+5.2%
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 Stillwater submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stillwater 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
$1,025,000
CAP Approach
CAP Return
Estimation
6%
$1,445,000
6.5%
$1,335,000
7%
$1,240,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$995,000
Current use
COMMERCIAL (GENERAL)
$1,050,000
Change: +5% · Conversion: Easy
RETAIL STORES
$825,000
Change: -17% · Conversion: Moderate
Blend value · Realmo final
$1.00M
Range $900k – $1.10M · ±10% · vs last sale $950k (Jul 7 2023)
Last sale anchor
$950k
Jul 7 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
$162 / 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
$4,610
Tax year 2023
Assessed value
$45,429
Assessed 2023
Previous assessed
$43,266
+5.0% YoY
Effective rate
10.15%
On assessed value
Assessed land
$6,728
Assessed improvement
$38,701
Land market value
$175,000
Improvement market value
$1,006,500
Total market value
$1,181,500
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1934
Heating
YES
Cooling
AC.PACKAGE
Buildings
2
Stories
10
Total area
6,162 SF
Lot
2 ac (87,120 SF)
APN
600045964
UPID
US69-0895967
Jurisdiction
PAYNE
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
OFFICE BUILDING Current
Est. value
$995,000
COMMERCIAL (GENERAL)
Est. value
$1.1M
RETAIL STORES
Est. value
$825,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
RETAIL STORES
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
1934
Heating
YES
Cooling
Yes
Stories
10
Buildings
2
Lot
2 ac
Current owner
From public records · entity-resolved
Pointe Capital LLC
Entity
Free & Clear · 3 yrs held
Mailing address
5001 WATER OAK WAY, EDMOND, OK 73034-6471
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
Jul 7, 2023
$950,000
Pointe Capital LLC
Odd Fellows Development Group LLC
Warranty Deed
—
Apr 2, 2013
$250,000
Odd Fellows Dev Group
Chickasaw Holding Co
Warranty Deed
$600,000 · Exchange Bank & Trust Co
Apr 2, 2013
—
Odd Fellows Dev Group
Stillwater Chamber Of Commerce
Quit Claim Deed
related
—
Oct 21, 2009
—
Telecommunications S Chickasaw
—
Deed Of Trust
related
$60,000,000 · Cobank Acb
—
—
Odd Fellows Dev Group LLC
—
Deed Of Trust
related
$42,500 · Stillwater Economic Dev Author
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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