Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    505 Elm St Oologah, OK 74053-3023

    • Drive through restaurants
    • 1,323 SF
    • 1.01 lot acres
    OFF-MARKET
    Value Estimation
    $455,000
    Last Sale
    Feb 04, 2020
    $465,000
    Location Intelligence
    Property ID
    US69-0637807
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Drive through restaurants

    Property Details for 505 Elm St

    Year built
    2000
    Lot size
    1.01 lot acres
    Property size
    1,323 SF
    Property type
    Drive through restaurants
    APN
    23928
    APU
    23928

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $490,000

    • CAP approach

      CAP return
      Estimation
      6%
      $395,000
      6.5%
      $400,000
      7%
      $340,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $400,000
      Geo Method
      $395,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $335,000
      Retail
      $375,000
      Mixed-Use
      $330,000
      Hospitality
      $430,000
      Educational
      $400,000
      Residential Income
      $390,000
      Energy
      $330,000
      Income-Based Land
      $425,000
      Food Service
      $315,000

    Location Insight

    • Map
    • Local Demand
    City
    Oologah
    County
    Rogers
    State
    Oklahoma
    Longitude
    -95.7094
    Latitude
    36.4411
    CBSA code
    46140
    CBSA name
    TULSA, OK METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,693
    $6,144
    $38,989
    $45,133
    -
    $55,851
    $354,446
    $410,297

    Comparable in this City

    • Value Estimation
      $230,000
      1,680 SF

      549 Elm St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,680 SF
      549 Elm St, Oologah, OK 74053-3023
      View Details
    • Value Estimation
      $330,000
      1,375 SF

      155 Cooweescoowee Ave

      RESTAURANT • 1,375 SF
      155 Cooweescoowee Ave, Oologah, OK 74053
      View Details
    • Value Estimation
      $250,000
      2,998 SF

      13573 Hwy 169

      BAR, TAVERN • 2,998 SF
      13573 Hwy 169, Oologah, OK 74053
      View Details
    • Value Estimation by Request
      1,200 SF

      10894 Hwy 169

      BARBER, HAIR SALON • 1,200 SF
      10894 Hwy 169, Oologah, OK 74053-3357
      View Details
    • Value Estimation by Request
      2,800 SF

      14179 Hwy 169

      AUTO REPAIR, GARAGE • 2,800 SF
      14179 Hwy 169, Oologah, OK 74053-3407
      View Details
    • Value Estimation by Request
      4,210 SF

      12737 Old Hwy 169

      AUTO REPAIR, GARAGE • 4,210 SF
      12737 Old Hwy 169, Oologah, OK 74053-3062
      View Details

    Similar Nearby for Sale

    • $650,000
      5,000 SF

      Oologah Industrial Property with Two Buildings

      6 acres with two buildings ideal for manufacturing or storage.
      14360 S 4070 Rd, Oologah, OK 74053
      View Details
    • $1,035,000
      69.15 Acres

      Oologah Land with Highway Frontage

      69.15 acres with highway frontage, ideal for development.
      002 State Hwy, Oologah, OK 74053
      View Details
    • $1,035,000
      69 SF

      Highway Frontage Development Opportunity

      69.15 acres with highway frontage, ideal for development or investment.
      002 Oologah Ave, Oologah, OK 74053
      View Details
    • $72,000
      2.57 Acres

      Oologah Acreage for Custom Home

      Land parcels near Oologah Lake for building custom homes.
      7 E 420 Rd, Oologah, OK 74053
      View Details
    • $880,110
      11.43 Acres

      Oologah Land: Hwy 88 Frontage

      11.43 Acres, Commercial Potential
      88 Oologah Ok 74053, Oologah, OK 74053
      View Details
    • $103,000
      3.81 Acres

      Land Parcel Near Oologah Lake

      Acreage near Hwy 169, ideal for building a home.
      12 E 420 Rd, Oologah, OK 74053
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    505 Elm St
    Oologah, OK 74053-3023
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.