Back to Search
Property profile & analytics
OFF-MARKET
Retail space
7 Armstrong St Bixby, OK 74008-4447
Individually Owned
19-yr Hold
~
Est. High Equity
Property ID
US69-0033117
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1939
Construction
WOOD FRAME
Total area
5,086 SF
Lot
0.13 ac (5,706 SF)
Zoning code
CH
APN
57825-73-24-05060
UPID
US69-0033117
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
-
Cookie Advantage (Bike/Boat/Book/etc) Store
-
Cookie Advantage New England (Bike/Boat/Book/etc) Store Bakery
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
Charles D Carns · 19 yrs held
Charles D Carns
since 2007
7 recorded transactions
Zoning & alternative use
CH · Bixby, OK
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
It is designed to accommodate high intensity commercial and related uses in areas designated high intensity by the comprehensive plan.
Zone name
Commercial High Intensity
General category
COMMERCIAL
Zone area
40.44 ac
Source
Realmo
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 Bixby submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bixby 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
$4,145
Tax year 2023
Assessed value
$32,131
Assessed 2023
Previous assessed
$32,047
+0.3% YoY
Effective rate
12.90%
On assessed value
Assessed land
$1,881
Assessed improvement
$30,250
Land market value
$17,100
Improvement market value
$275,000
Total market value
$292,100
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1939
Construction
WOOD FRAME
Heating
CENTRAL
Cooling
AC.PACKAGE
Stories
1
Total area
5,086 SF
Lot
0.13 ac (5,706 SF)
Zoning code
CH
APN
57825-73-24-05060
UPID
US69-0033117
Jurisdiction
TULSA
Zoning & alternative use
CH · Bixby, OKZoning CH · permitted uses
CH · Bixby, OK
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
It is designed to accommodate high intensity commercial and related uses in areas designated high intensity by the comprehensive plan.
Zone name
Commercial High Intensity
General category
COMMERCIAL
Zone area
40.44 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1939
Construction
WOOD FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
Charles D Carns
Individual
Mailing address
10023 S 99TH E AVE, TULSA, OK 74133-5180
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2007
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
Dec 18, 2023
—
Charles Duane Carns
—
Deed
related
$150,000 · Arvest Bank
Oct 1, 2019
—
Charles D Carns
—
Deed
related
$308,000 · Arvest Mtg
May 31, 2007
$205,000
Charles D Carns
First United Methodist Ch Of Bixb
Warranty Deed
$220,000 · Grand Bank For Savings Fsb
—
—
Charles D Carns
—
Deed Of Trust
related
$264,000 · Arvest Bank
—
—
Charles D Carns
—
Deed Of Trust
related
$285,000 · Arvest Mtg
—
—
Charles D Carns
—
Loan Modification
related
$308,000 · Arvest Mtg
—
—
Charles D Carns
—
Deed Of Trust
related
$105,000 · Bancfirst
—
—
Charles D Carns
—
Deed Of Trust
related
$110,000 · Bancfirst
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 7 Armstrong 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.
