Back to Search
Property profile & analytics
OFF-MARKET
Warehouses
604 41st St Sand Springs, OK 74063-2611
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US69-2422662
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2007
Construction
STEEL FRAME
Total area
1,500 SF
Lot
0.46 ac (20,081 SF)
Zoning code
OM
APN
99127-91-27-40852
UPID
US69-2422662
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Jc Mccarthy JR · 3 yrs held
Jc Mccarthy JR
since 2022
Last sale
$23,000
4 recorded transactions
Zoning & alternative use
OM · Sand Springs, OK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
C. Purposes of the OM Office Medium Intensity District The OM District is designed to provide areas for offices, together with certain community facilities normally compatible with primary office uses. It is designed to preserve existing medium intensit y office development and to facilitate the development of new medium intensity office areas. D. Purposes o…
Zone name
Office Medium Intensity District
General category
UNKNOWN
Zone area
33.19 ac
Source
SSZCCOVER 4-17-07
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 Sand Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sand Springs 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,927
Tax year 2023
Assessed value
$15,669
Assessed 2023
Previous assessed
$14,922
+5.0% YoY
Effective rate
12.30%
On assessed value
Assessed land
$4,399
Assessed improvement
$11,270
Land market value
$40,200
Improvement market value
$103,000
Total market value
$143,200
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2007
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
1,500 SF
Lot
0.46 ac (20,081 SF)
Zoning code
OM
APN
99127-91-27-40852
UPID
US69-2422662
Jurisdiction
TULSA
Zoning & alternative use
OM · Sand Springs, OKZoning OM · permitted uses
OM · Sand Springs, OK
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
C. Purposes of the OM Office Medium Intensity District The OM District is designed to provide areas for offices, together with certain community facilities normally compatible with primary office uses. It is designed to preserve existing medium intensit y office development and to facilitate the development of new medium intensity office areas. D. Purposes of the OH Office High Intensity District The OH District is designed to provide for multi -story office development in areas that have been designated as High Intensity Office or Special District by the Comprehensive Plan. 6-2 Zoning Code of the City of Sand Springs
Zone name
Office Medium Intensity District
General category
UNKNOWN
Zone area
33.19 ac
Source
SSZCCOVER 4-17-07
Building & site characteristics
From public records
Year built
2007
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.46 ac
Current owner
From public records · entity-resolved
Jc Mccarthy JR
Individual
Mailing address
61279 E 340TH RD, GROVE, OK 74344-8182
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 23, 2022
—
Jc Mccarthy JR
Nikki L Rowton
Correction Deed
related
$60,000 · Farmers Insurance Group FCU
Aug 2, 2022
—
Nikki L Rowton
Russell C Rowton
Intrafamily Transfer
related
$60,000 · Farmers Insurance Group FCU
May 14, 2010
—
Russell C Rowton
Rowton,russell C & Nikki L
Quit Claim Deed
related
—
Oct 11, 2006
$23,000
Russel C Rowton
Rongey,paul D & Colleen R
Grant Deed
related
$112,000 · International Bank Of Commerce
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?”
You own 604 41st St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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.
