Back to Search
Property profile & analytics
FOR SALE
Turn key restaurants
601 W 6Th Ave Stillwater, OK 74074
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US69-0851788
For Sale
1 / 8
$995,000
601 W 6Th Ave, Stillwater, OK 74074
View Listing →
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1972
Total area
3,346 SF
Lot
21000 ac (914,760,000 SF)
APN
600024824
UPID
US69-0851788
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$820k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$528k
Blend (final)
Blend
$775k
Owner & transaction history
4201 LLC · 4 yrs held
4201 LLC
since 2022
Last sale
$757,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$760,000
ML approach
$820,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$775k
Range $698k – $853k · ±10% · vs last sale $757k (Jun 7 2022)
Last sale anchor
$757k
Jun 7 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
$232 / 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
$9,207
Tax year 2023
Assessed value
$90,733
Assessed 2023
Previous assessed
$65,566
+38.4% YoY
Effective rate
10.15%
On assessed value
Assessed land
$32,319
Assessed improvement
$58,414
Land market value
$283,500
Improvement market value
$512,410
Total market value
$795,910
Applied tax rate
16.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
For Sale
Year built
1972
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
10
Total area
3,346 SF
Lot
21000 ac (914,760,000 SF)
APN
600024824
UPID
US69-0851788
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
Building & site characteristics
From public records
Year built
1972
Heating
CENTRAL
Cooling
Yes
Stories
10
Buildings
2
Lot
21000 ac
Current owner
From public records · entity-resolved
4201 LLC
Entity
Mailing address
624 HC 62, DATIL, NM 87821-9601
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
Jun 7, 2022
$757,000
4201 LLC
Gmn 607 LLC
Warranty Deed
$750,000 · Citizens Bank Of Las Cruces
Jul 7, 2020
—
Gmn 607 LLC
—
Deed
related
$526,594 · Rcb Bk
Jun 18, 2020
—
Mccarthy,debra S Trust
Debra S Mccarthy
Quitclaim Deed
related
—
Feb 1, 2018
$790,000
Gmn 607 LLC
Robert H JR
Warranty Deed
$592,500 · Rcb Bk
Dec 4, 2017
—
Robert H Horton JR
—
Deed
related
$296,254 · Bancfirst
—
—
Robert H Horton JR.
—
Deed Of Trust
related
$385,000 · Bancfirst
—
—
Robert H Horton JR
—
Loan Modification
related
$296,254 · Bancfirst
—
—
Gmn 607 LLC
—
Loan Modification
related
$526,594 · Rcb 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?”
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.
