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Property profile & analytics
OFF-MARKET
Estimated value
$800,000
Commercial real estate
600 Main Ct Bixby, OK 74008-4904
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US69-0174558
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1970
Construction
FRAME
Total area
3,724 SF
Lot
9.97 ac (434,293 SF)
Zoning code
RM1
APN
55933-73-24-24540
UPID
US69-0174558
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
-
Parkwood Garden Homes by Skyline Properties Inc Apartment Complex Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$565k
CAP Approach
CAP
$520k
Comparable Approach
Comparable
$993k
Blend (final)
Blend
$800k
Owner & transaction history
Parkwood Gardens Ohana LLC · 6 yrs held
Parkwood Gardens Ohana LLC
since 2019
3 recorded transactions
Zoning & alternative use
RM1 · Bixby, OK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$690,000
+20.5%
Auto repair, garage
$655,000
+14.4%
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 Bixby submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bixby 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
$565,000
CAP Approach
CAP Return
Estimation
6%
$565,000
6.5%
$520,000
7%
$485,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$570,000
Current use
MEDICAL BUILDING
$690,000
Change: +20% · Conversion: Easy
AUTO REPAIR, GARAGE
$655,000
Change: +14% · Conversion: Difficult
Blend value · Realmo final
$800k
Range $720k – $880k · ±10%
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
$215 / 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
$77,855
Tax year 2023
Assessed value
$603,482
Assessed 2023
Previous assessed
$592,680
+1.8% YoY
Effective rate
12.90%
On assessed value
Assessed land
$47,773
Assessed improvement
$555,709
Land market value
$434,300
Improvement market value
$5,051,900
Total market value
$5,486,200
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1970
Construction
FRAME
Heating
HEAT PUMP
Cooling
CENTRAL
Buildings
26
Stories
1
Total area
3,724 SF
Lot
9.97 ac (434,293 SF)
Zoning code
RM1
APN
55933-73-24-24540
UPID
US69-0174558
Jurisdiction
TULSA
Zoning & alternative use
RM1 · Bixby, OK
Zoning RM1 · permitted uses
RM1 · Bixby, OK
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bixby. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$570,000
MEDICAL BUILDING
Est. value
$690,000
AUTO REPAIR, GARAGE
Est. value
$655,000
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1970
Construction
FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Buildings
26
Lot
9.97 ac
Current owner
From public records · entity-resolved
Parkwood Gardens Ohana LLC
Entity
Mailing address
600 S MAIN CT, BIXBY, OK 74008-4904
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2019
$5,400,000
Parkwood Gardens Ohana LLC
First Parkwood LP
Grant Deed
$3,500,000 · Cbre Cap Markets
Nov 30, 2001
—
Parkwood LP First
Parkwood Apartments
Quit Claim Deed
related
$1,656,000 · Pw Funding INC
—
—
Parkwood LP First
—
Deed Of Trust
related
$1,912,000 · Centerline Mortgage Capital
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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