6809 115th E Ave Broken Arrow, OK 74012-8502
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Estimated value (blended)
$1.25M
Range $1.13M – $1.38M (±10%)
Property ID
US69-0343096
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1981
Construction
STEEL FRAME
Total area
11,000 SF
Lot
3.33 ac (144,837 SF)
Zoning code
R1
APN
98405-84-05-23530
UPID
US69-0343096
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.43M
Comparable Approach
Comparable
$1.07M
Blend (final)
Blend
$1.25M
Owner & transaction history
since 2023
Last sale
$1.3M
2 recorded transactions
Zoning & alternative use
R1 · Broken Arrow, OK
Top alternative use upside
Commercial (general)
$2.1M
+177.4%
Medical building
$2.0M
+173.2%
Auto repair, garage
$1.8M
+136.0%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 6 comparables with addresses
6 alternative uses screened
Sensitivity value band
Source audit · 10 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.25M
Value range
$1.13M – $1.38M
±10% around blend
Estimated value / SF
$114 / SF
Confidence
High
6 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
60
$1.13M
blend $1.25M
$1.38M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
11,000 SF
Lot area
3.33 ac
Year built
1981
Stories
1
APN
98405-84-05-23530
Assessed value
$91,707
Annual tax
$11,996
3
Income approach: direct capitalization
Partial preview
Income approach indication
$1.43M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$1.55M
@ 6.5% CAP return
$1.43M
@ 7% CAP return
$1.33M
4
Sales comparison
Partial preview
Sales approach indication
$1.02M
Weighted, 6 comps · high confidence
Evidence
6 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
3.4 mi away · 10,672 SF
5.7 mi away · 7,900 SF
7.7 mi away · 12,500 SF
8.6 mi away · 10,710 SF
9.2 mi away · 7,830 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.25M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 38 sales
$68
+68%
Submarket 39 sales
$68
+67%
County 342 sales
$62
+85%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $114/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Commercial (general)
Gross theoretical uplift
+177%
vs current-use indication
Medical Building
Auto Repair, Garage
Retail Stores
Office Building
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 6 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.25M
Move the market yield to see immediate price impact.
Value / SF
$114
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$79k
$1.58M
$1.13M
$875k
$88k
$1.75M
$1.25M
$972k
$96k
$1.93M
$1.37M
$1.07M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
6 found
High confidence · county-verified
Closest comparable
$1.43M
1.4 mi · Feb 2026 · $106/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$11,996
Tax year 2023
Assessed value
$91,707
Assessed 2023
Previous assessed
$91,707
+0.0% YoY
Effective rate
13.08%
On assessed value
Assessed land
$39,831
Assessed improvement
$51,876
Land market value
$362,100
Improvement market value
$471,600
Total market value
$833,700
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1981
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Buildings
7
Stories
1
Units
41
Total area
11,000 SF
Lot
3.33 ac (144,837 SF)
Zoning code
R1
APN
98405-84-05-23530
UPID
US69-0343096
Jurisdiction
TULSA
Zoning & alternative use
R1 · Broken Arrow, OKZoning R1 · permitted uses
R1 · Broken Arrow, OK
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1981
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
7
Units
41
Lot
3.33 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
R1
Jurisdiction
Broken Arrow, OK
Recorded code
R1
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for R1 in Broken Arrow, OK.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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