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Property profile & analytics
OFF-MARKET
Estimated value
$4,870,000
Flex space
6501 74th St Oklahoma City, OK 73135-1100
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US69-0277046
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1981
Construction
STEEL FRAME
Total area
53,237 SF
Lot
27.56 ac (1,200,383 SF)
APN
14-390-1910
UPID
US69-0277046
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
-
Southwest Electric Co. Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.98M
Comparable Approach
Comparable
$5.96M
Blend (final)
Blend
$4.87M
Owner & transaction history
Southwest Electric Co · 17 yrs held
Southwest Electric Co
since 2009
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$7.9M
+93.6%
Commercial (general)
$7.5M
+84.1%
Office building
$6.8M
+67.1%
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 Oklahoma City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oklahoma City 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
by Request
CAP Approach
CAP Return
Estimation
6%
$5,395,000
6.5%
$4,980,000
7%
$4,625,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$4,090,000
Current use
AUTO REPAIR, GARAGE
$7,915,000
Change: +94% · Conversion: Easy
COMMERCIAL (GENERAL)
$7,530,000
Change: +84% · Conversion: Difficult
OFFICE BUILDING
$6,830,000
Change: +67% · Conversion: Difficult
RETAIL STORES
$6,570,000
Change: +61% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$6,035,000
Change: +48% · Conversion: Difficult
Blend value · Realmo final
$4.87M
Range $4.38M – $5.36M · ±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
$91 / 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
$74,600
Tax year 2023
Assessed value
$606,803
Assessed 2023
Previous assessed
$584,583
+3.8% YoY
Effective rate
12.29%
On assessed value
Assessed land
$25,087
Assessed improvement
$581,716
Land market value
$228,071
Improvement market value
$5,288,328
Total market value
$5,516,399
Applied tax rate
252.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1981
Construction
STEEL FRAME
Heating
SPACE
Buildings
4
Stories
1
Units
1
Total area
53,237 SF
Lot
27.56 ac (1,200,383 SF)
APN
14-390-1910
UPID
US69-0277046
Jurisdiction
OKLAHOMA
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
INDUSTRIAL (GENERAL) Current
Est. value
$4.1M
AUTO REPAIR, GARAGE
Est. value
$7.9M
COMMERCIAL (GENERAL)
Est. value
$7.5M
OFFICE BUILDING
Est. value
$6.8M
RETAIL STORES
Est. value
$6.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.0M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
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
1981
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Buildings
4
Units
1
Lot
27.56 ac
Current owner
From public records · entity-resolved
Southwest Electric Co
Entity
Mailing address
PO BOX 22845, OKLAHOMA CITY, OK 73123-1845
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 21, 2009
—
Southwest Electric Co
—
Deed Of Trust
related
$7,085,000 · Oklahoma County Finance Author
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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