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Property profile & analytics
OFF-MARKET
Estimated value
$1,465,000
Outlet malls
610 Lewis St, Stillwater, OK 74074
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US69-0894767
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1946
Total area
7,000 SF
Lot
2 ac (87,120 SF)
APN
600026392
UPID
US69-0894767
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
$1.41M
CAP Approach
CAP
$1.45M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.47M
Owner & transaction history
Direct Discount Tire Of Stillwater · 5 yrs held
Direct Discount Tire Of Stillwater
since 2020
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.2M
+27.0%
Office building
$1.1M
+20.6%
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
$1,580,000
ML approach
$1,410,000
CAP Approach
CAP Return
Estimation
6%
$1,570,000
6.5%
$1,450,000
7%
$1,345,000
Alternative Use
Use
Estimation
RETAIL STORES
$940,000
Current use
COMMERCIAL (GENERAL)
$1,190,000
Change: +27% · Conversion: Easy
OFFICE BUILDING
$1,135,000
Change: +21% · Conversion: Easy
Blend value · Realmo final
$1.47M
Range $1.32M – $1.61M · ±10% · vs last sale $1.50M (Aug 1 2024)
Last sale anchor
$1.50M
Aug 1 2024
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
$209 / 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
$1,718
Tax year 2023
Assessed value
$16,927
Assessed 2023
Previous assessed
$16,121
+5.0% YoY
Effective rate
10.15%
On assessed value
Assessed land
$3,011
Assessed improvement
$13,916
Land market value
$52,500
Improvement market value
$242,600
Total market value
$295,100
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1946
Heating
SPACE
Cooling
AC.PACKAGE
Stories
12
Total area
7,000 SF
Lot
2 ac (87,120 SF)
APN
600026392
UPID
US69-0894767
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
RETAIL STORES Current
Est. value
$940,000
COMMERCIAL (GENERAL)
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.1M
RETAIL STORES Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1946
Heating
SPACE
Cooling
Yes
Stories
12
Lot
2 ac
Current owner
From public records · entity-resolved
Direct Discount Tire Of Stillwater
Individual
Mailing address
601 S MAIN ST, STILLWATER, OK 74074-4060
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 4, 2024
—
Webster Development LLC
—
Deed
related
$1,200,000 · Blue Sky Bank
Oct 8, 2020
$285,000
Direct Discount Tire Of Stillwater
Teubner Properties LLC
Warranty Deed
$228,000 · Simmons Bank
Jul 6, 2018
—
Teubner Properties LLC
—
Deed
related
$202,717 · Central Bk/ok
Jun 2, 2016
—
Teubner Properties LLC
—
Deed
related
$216,000 · Central Bk
Mar 18, 2014
—
Teubner Properties LLC
—
Trustees Deed
related
$170,302 · Onb Bk&tr
Jul 28, 2005
—
Teubner Properties LLC
—
Trustees Deed
related
$950,000 · Stillwater Nat'l Bank & Trust
—
—
Teubner Properties LLC
—
Loan Modification
related
$170,302 · Central Bk
—
—
Teubner Properties LLC
—
Loan Modification
related
$216,000 · Central Bk
—
—
Teubner Properties LLC
—
Loan Modification
related
$800,000 · Stillwater Nat'l Bank & Trust
—
—
Teubner Properties LLC
—
Loan Modification
related
$202,717 · Central Bk/ok
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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